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$51 Million Construction Loan from CIBC Funds Lightstone Multifamily

$51 Million Construction Loan from CIBC Funds Lightstone Multifamily | real Real Estate | Scoop.it

A Long Island City residential project is underway thanks to a $51 million construction loan provided by Canadian Imperial Bank of Commerce. The Lightstone Group and its sponsored, non-traded REIT Lightstone Value Plus are constructing the 199-unit multifamily property at 50-01 2nd Street along the East River in Long Island City. Financing from CIBC closed…

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REITs earn spotlight in the new year

REITs earn spotlight in the new year | real Real Estate | Scoop.it

Real estate investment trusts will continue to attract institutional investors looking to invest in single-family housing, CEO and chairman David Lichtenstein of The Lightstone Group told HousingWire.Firms...

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REIT"s have earned their right to brag...

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Real Estate Weekly » Blog Archive » Lightstone donates office space at 1407 Broadway

Real Estate Weekly » Blog Archive » Lightstone donates office space at 1407 Broadway | real Real Estate | Scoop.it
Traci Amborn's insight:

Lightstone was one of the most generous companies after hurricane Sandy

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Real Estate Weekly » Blog Archive » Lighstone closes on $51M loan for LIC rental

Real Estate Weekly » Blog Archive » Lighstone closes on $51M loan for LIC rental | real Real Estate | Scoop.it
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A loan that was worth the money...

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The List of CRE Companies Donating Office Space Through City Program Continues to Grow

The List of CRE Companies Donating Office Space Through City Program Continues to Grow | real Real Estate | Scoop.it

The list of real estate companies teaming up with the New York City Economic Development Corporation to donate free, temporary office space in the wake of Hurricane Sandy continues to grow. The latest, The Lightstone Group, announced Friday that it will make 11,000 square feet of space available at 1407 Broadway through a city program…

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David Lichtenstein’s Lightstone Group To Sell FiDi Site for more than $170 Million – Jewish Business News

David Lichtenstein’s Lightstone Group To Sell FiDi Site for more than $170 Million – Jewish Business News | real Real Estate | Scoop.it
Traci Amborn's insight:

A new situation has developed in the FiDi in Manhattan

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