Lightstone Group

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Lightstone Group portfolio

$521.7 million – condo 37.0%, elevator 36.0%; Manhattan 46.0%, Queens 29.0%

113th largest portfolio by dollar value

3,135,753 sqft – elevator 54.0%, condo 25.0%;

98th largest by SF

376 properties – Manhattan 91%, Bronx 5%

13th largest

2,631 residential units – Bronx 40.0%, Queens 23.0%

69th largest by residential units

2 foreclosures, 19 bankruptcies, 21 other court cases.

Company Activity past 24 months:

Buyer company: 0 for $0

Seller company: 0 for $0

Borrower company: 8 for $750.3 million

Lender company: 2 for $27.9 million

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

Signature Bank (6), New York Community Bank (6), Sofia Einy (5), Goldman Sachs (2), Western Alliance Bank (2), Webster Bank (2), JLL (2), AB Capstone (2), Banco Inbursa (2), Sound Point Capital Management (1)

Top Ten Associated People:

Elizabeth Arato (5), Armando Estrada (2), Yonatan Whitehouse (2), Meir Babaev (2), Noah Julius (1), Kim Carson (1), Eleizer Schwimmer (1), Moses Guttman (1), Irene Bogoni (1), Aron Rosenberg is the President, Founder & CEO of R&B Realty Group. http://rosebergrealty.com/our-team/ (1)

Latest Stories:

• 3 Garment District properties with $52M Lightstone loan, placed in bankruptcy (September 27, 2024)

• Blackstone files $15M pre-foreclosure at Lightstone Group retail in Garment District Moxy (September 20, 2024)

• Lightstone Group signs $86M refi with Western Alliance Bank for Moxy hotel in Williamsburg (April 24, 2024)

• Lightstone Group signs $168M refi for 428-unit ARC rental in LIC (March 07, 2024)

• Lightstone Group signs $177.8M refi for Moxy hotel in Chelsea, up from $124M (March 07, 2024)

• Lightstone ups debt to $110M with Apollo for Moxy hotel in Lower East Side (December 12, 2023)

• Lightstone Group signs $165.6M refi with JLL for 429-unit rental in Gowanus (December 11, 2023)

• Maguire Capital acquires 49 unsold condos in Sheepshead Bay, borrows $19.5M from Lightstone (October 24, 2023)

• Top Rock pays $12.1M for outdoor storage parcels in Whitestone, sellers involved in partition suit (February 06, 2023)

• Lightstone Group signs $55.3M initial loan with Sound Point for 86-unit UWS rental (June 13, 2022)

Litigation:

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Properties:

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