Lightstone DIRECT Surpasses $225 Million in Total Investment Volume
Less than a year after launching, Lightstone DIRECT has surpassed $225 million in total investment volume across four offerings. The platform's latest acquisition is Arlington Industrial, a six-building industrial property located between Dallas and Fort Worth that is currently 95% leased to small business tenants. Arlington Industrial expands the platform’s portfolio into its second industrial offering after previous investments in South Carolina and Oklahoma City. Lightstone DIRECT has met all targeted monthly distributions since launching distribution efforts in April, reflecting strong performance across multifamily, retail, and industrial asset classes. The firm maintains a minimum 20% equity stake in each transaction to align with investor interests. Mitchell Hochberg, President of Lightstone, emphasized the platform's appeal due to its diverse offerings and institutional-grade investments accessible to accredited investors.
Topics: high-net-worth investors industrial property real estate investment