Lichtenstein was appointed to the NYC Economic Development Corporation's board of directors in 2015 by Bill de Blasio and is on the board of governors of the Real Estate Board of New York. $1.36 Billion. Proteolix is a biopharmaceutical company developing novel therapies that target the proteasome for the treatment of hematological malignancies and solid tumors. Total amount raised across all funding rounds, Total number of Crunchbase contacts associated with this organization, Total number of employee profiles an organization has on Crunchbase, Total number of investment firms and individual investors, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. Invest with One of the Largest Privately Held Real Estate Companies in the U.S. 100% USCIS Approval Trusted Worldwide by Over 1,000 Families Talk to An Expert Today $6.5 Billion Real Estate Portfolio A+ and A1 Credit Ratings from S&P and Moody's Over $530 Million EB-5 Raised 30+ Years Investment Track Record Hong I. Wan, Ph.D. is president, chief executive officer and co-founder of Tallac Therapeutics. [4] The company was founded in Lakewood, New Jersey, and grew quickly during the early years of the company's history. Lightstone has a total AUM of $1.5 billion across five non-traded REIT offerings, including: Lightstone Value Plus REIT, Inc., Lightstone Value Plus REIT II, Inc., Lightstone Value Plus REIT III, Inc., Lightstone Real Estate Income Trust, Inc., and Lightstone Value Plus REIT V. For questions or more information, please contact investorservices@lightstonegroup.com. Prior to The Foundry, Hanson was Vice President of Research and Development at Heartport, Inc., which had a successful IPO in 1996. [17], The sale of Prime Retail and both REITs gave Lichtenstein a large fund to invest throughout 2011. Young is also a member of the board of directors of ADMA Biologics, (Nasdaq: ADMA), a commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty plasma-derived biologics. The Foundry is the premier medical device company incubator and a preferred partner to LSV. Thursday, November 10, 2022. The company was founded by David Lichtenstein in 1988. Began acquiring and managing a growing portfolio of multifamily housing, currently with over 22,700 units in 12 states, Acquired Prime Retail for approximately $640mm, Established Lightstone Value Plus REIT, Inc. (LVPR I), Began acquiring and asset managing hospitality platform, Established development platform focused on hospitality and residential development, Crains New York named Lightstone as 100 Best Places To Work in New York City, Formed Lightstone Ventures, focusing on PropTech, InsureTech, and FinTech early stage investments, Formed Converge RE II, a life and annuity reinsurer, Opened Moxy Times Square, Marriotts flagship Moxy hotel, Lightstone Enterprises Limited completed Series A and Series B bond offering on the Tel Aviv Stock Exchange (TASE) totaling $347mm, Acquired 7,810-unit suburban Detroit multifamily portfolio for $1b, Lightstone Named Developer of the Year by Marriott International. Cabochon Aesthetics is a medical device company developing effective, scientific solutions for the aesthetic treatment of cellulite. Caroline joined Lightstone Ventures in 2017 and evaluates new investment opportunities in the biopharmaceutical and medical device sectors out of the firms Dublin office. Hanson is a named inventor on over 370 issued US patents. The company successfully completed an IPO in 2021 (NASDAQ: CYT). The podcasts are available at http://podcast.headlinesbook.com/ or in an upated format at https://halachaheadlines.com/, This article is about the businessman. He purchased the entire Prime Retail portfolio for $638 million. She was previously part of the Lightstone Ventures Singapore team, which she joined in 2017, with her most recent role being the Director of Operations. Elcelyx Therapeutics is a biopharmaceutical company developing therapeutic agents based on the finding that modulation of the neuro-enteroendocrine system of the gut, including L-cells, amplifies the release of hormones such as those that play an important role in glucose regulation. Most Read News : 2022: Analysis-Wood's ARK slammed by higher interest rates in 2022 along with other growth funds: RE. Proteolix was acquired by Onyx Pharmaceuticals in November 2009. Brendans research at Stanford Computer Science, University of Toronto and Trinity College Dublin focused on computational methods of small molecule drug discovery for oncology and neuroscience targets. Scioderm is a clinical-stage biopharmaceutical company developing innovative therapies to address diseases with high unmet need, including rare diseases. Wen Qi is the CEO of Lightstone Singapore Pte. We have estimated Marilyn Lightstone's net worth , money, salary, income, and assets. Salary in 2022. At the time, Lichtenstein was living in a two-family home in New Jersey. He assists the LSV biopharmaceutical team with deal sourcing, due diligence, and portfolio company management. 4. The company was acquired by Terumo (TYO: 4543) in 2006. [6], Lichtenstein announced in 2006 that he would be launching a real estate investing trust (REIT), which allowed Lightstone to raise capital from outside investors. The $2.3 billion deal freed up cash for further investments. in Biomedical Engineering from Boston University, B.A. She focuses on biopharmaceutical and medical device investments out of the firms Boston office, where she also serves as a General Partner of Advanced Technology Ventures (ATV). John Ford. We back driven entrepreneurs developing breakthrough therapies and technologies that have the potential to be industry-first or industry-leading products. Lightstone Group & Affiliates Careers and Employment About the company Founded 2004 Company size 201 to 500 Revenue $500M to $1B (USD) Industry Real Estate Headquarters 460 Park Avenue, New York. Find company research, competitor information, contact details & financial data for The Lightstone Group LLC of Lakewood, NJ. He is a talmid of the Mirrer Yeshiva in Brooklyn and Yerushalayim. Seed, Series A, Private Equity), Alternate or previous names for the organization, Whether an Organization is for profit or non-profit, General contact email for the organization. Let's check, How Rich is Marilyn Lightstone in 2021? Stacy is an Operating Partner of LSV and assists the LSV medical device team with deal sourcing, due diligence, and portfolio company management. Previously, he was an Entrepreneur-in-Residence at Morgenthaler Ventures from January 2008 to May 2014. Lightstone: Lightstone Value Plus REIT : Estimated Net Asset Value ("NAV") and NAV per Share of Common Stock ("NAV . Lichtenstein makes regular contributions to the New York chapter of the Special Olympics and New York Cares. The company was acquired by QLT Inc. (NASDAQ: QLTI) in 2007. These include the invention, identification and development of new technologies, the formation, financing, and staffing of over twenty new companies, and ongoing support of these new ventures as a board member. Her research focused on the molecular and cellular mechanisms of retinal neural circuit formation and glial network development. [15] Lightstone Value Plus was the 18th-largest non-traded United States-based REIT, with a dividend of 7 percent. Be Confident. He is from Tajikistan]. Lightstone Group is a real estate investment company that owns and operates a diversified portfolio of residential and commercial properties. $1 Million - $5 Million. Enter employee name to find & verify emails, phones, social links, etc. Plain began his career in 1980 with Eli Lilly. The company was acquired by Alcon (Novartis) (NYSE: NVS) in 2016. [6], The housing bubble that began in 1997 led Lichtenstein to look elsewhere at other real estate opportunities, which included property outside the United States for the first time. Marilyn Lightstone Net Worth is $1.5 Million. The company's $6. He implemented the vision of a company unit following biology across therapeutic areas while generating advanced antibody technologies and turned Rinat into the center of cancer immunology for Pfizer. Website: www.lightstonegroup.com Headquarters: New York, NY Size: 201 to 500 Employees Founded: 2004 Type: Company - Private Industry: Real Estate Revenue: Less than $1 million (USD) Competitors: Unknown Like a beacon in the night, Lightstone will lead you to lodging, food, work, and more. Prior to joining Proteolix, Dr. Molineaux was Vice President of Biology at Rigel Pharmaceuticals from 2000 to 2003. [26][27], Following Amazon's decision to abandon its plans to build a headquarters in Queens, Lichtenstein called it the "worst day for NYC since 9-11," adding that "this time, the terrorists were elected. She brings experience in creating, launching, building and operating early stage biotechnology companies including Magenta Therapeutics (NASDAQ:MGTA) and Decibel Therapeutics (NASDAQ:DBTX). [53][54], Lichtenstein is the author of three books on the Orthodox Jewish perspective on current events and contemporary topics including terrorism, gay marriage, abortion, missionary activities, insanity, genetics, and vaccinations and has also authored a commentary on the Mishna Berura that presents the positions of many contemporary halachic authorities in relation to the text. He assists the LSV medical device team with deal sourcing, due diligence, and portfolio company management. He rapidly grew his portfolio in the 1990s, before diversifying his portfolio and moving into retail. The compa Travis also serves as the Chief Financial Officer and Chief Compliance Officer at Morgenthaler Ventures, and Canvas Ventures. Mr. Lightstone acquired Extended Stay Hotels for a total of $8.1 billion, making Lightstone the parent company of one of the largest mid-priced hotel brands in the United States. Real-Estate Investors Turn to Israel for Cash", "City Approves 700-Unit Rental Complex on Gowanus Canal", "Lichtenstein on Amazon pullout: "Worst day for NYC since 9-11" His fund took a big loss on the pullout". Lightstone Group Property Manager Southgate, MI Easy Apply 4d $39K-$57K Per Year (Glassdoor est.) Success stories include Evalve (acquired by Abbott), Concentric (acquired by Stryker), Ardian (acquired by Medtronic), Twelve (acquired by Medtronic). ft. of commercial space, primarily in the Northeast, Southeast, and South. Our Property Toolkit gives subscribers access to a set of tailored Residential Property reports. For the dancer and choreographer David Lichine (born Lichtenstein), see, Learn how and when to remove these template messages, Learn how and when to remove this template message, promotes the subject through exaggeration of unnoteworthy facts, "How Real Estate Billionaire David Lichtenstein Bounced Back from A $7.5 Billion Hotel Bankruptcy", "David Lichtenstein speaking on Real estate investment", Lightstone GroupCreating Value for Investors, "Big Real-Estate Firm Thrives by Buying Struggling Properties", https://www.torahanytime.com/#/speaker?l=847, "Finding Commercial Value in Some New Zip Codes", "Lightstone To Buy 19 Complexes For $200M", "Extended Stay Hotels Is Sold for $8 Billion to Equity Group", "How Prime Outlets Sale Is Saving David Lichtenstein", "Largest nonlisted real estate investment trusts", "Lightstone Value Plus Reit II starts operations", "Lightstone, Paragon Take 750,000-SF Festival Bay", "Lightstone wins Danvers hotel auction with $10M bid", "Lightstone Group moves into LIC apartment sector", "Lightstone Group Launches Phoenix Development Partners", "$51 Million Construction Loan from CIBC Funds Lightstone Multifamily", "Developer lands loan for LIC apartment building", "LVPR pays $21 million for 3 Properties in Iowa and Ohio", "US Real Estate Developers Steven Witkoff, David Lichtenstein, Playing Tel Aviv Debt Market", "U.S. She is a member of the BioInnovate Ireland Board of advisors. Our approach, honed over 30 years, combines our intuition and experience with rigorous research and meticulous analysis. Postdoc Neuroscience Drug Discovery, University Health Network, University of Toronto, Bachelor of Accounting from Nanyang Technological University, Singapore. View contacts for The Lightstone Group to access new leads and connect with decision-makers. Since 1988, founder David Lichtenstein has grown Lightstone to one of the largest privately-held real estate companies in the country, with holdings in 21 states. $6.5 Billion. Acceleron Pharma is a clinical-stage biopharmaceutical company dedicated to the discovery, development and commercialization of therapeutics to treat serious and rare diseases. This improved system is expected to improve patient outcomes and reduce overall system costs. Our team collectively has nearly 100 years of company-building experience. Dive deep into company history, current jobs, hiring trends, demographics, and company reviews. Verastem is a biopharmaceutical company bringing breakthroughs in cancer stem cell research into new medicines for the treatment of major cancers, such as breast cancer. He even shared some of his business tactics by saying that it is clever to buy land, instead of the homes that are built on it. Principia was acquired by Sanofi (NASDAQ: SNY) in 2020. Dr. Treco was a Visiting Scientist in the Department of Molecular Biology at Massachusetts General Hospital and a Lecturer in Genetics at Harvard Medical School from 2004 to 2007. A real estate investment trust is a company that owns, and in many cases, manages income-producing real estate. In late 2010, REITs raised an estimated $9 billion, with a 6.5 percent annual yield. The company under the leadership of Lichtenstein from a small business managed to grow into an enterprise that today manages several billion dollars worth real estate on behalf of over one hundred public and private pension plans; endowments; foundations; insurance companies, and high net-worth families and individuals. At ForSight Labs, an Ophthalmology-focused incubator started by Hanson, Eugene de Juan, MD, and K. Angela Macfarlane, successes include Transcend Medical (acquired by Alcon), Forsight Newco 2 (acquired by QLT), Forsight Vision 4 (acquired by Genentech/Roche), and Forsight Vision 5 (acquired by Allergan). Lightstone team members have been involved in some of the largest venture-backed life science exits over the last decade including: Ardian, Acceleron, ALX Oncology, Calithera BioSciences, Claret Medical, Disarm Therapeutics, MicroVention, Nimbus, Plexxikon, Portola Pharmaceuticals, Promedior, Proteolix, Ra Pharma, Tizona Therapeutics, Twelve and Zeltiq. Commercialization of therapeutics to treat serious and rare diseases improve patient outcomes and reduce overall system costs financial... Sanofi ( NASDAQ: SNY ) in 2006 rapidly grew his portfolio and moving into.. Diligence, and portfolio company management contacts for the Lightstone Group is a real estate investment is... Prior to joining proteolix, Dr. Molineaux was Vice President of Biology at Rigel Pharmaceuticals 2000. Many cases, manages income-producing real estate Onyx Pharmaceuticals in November 2009 1990s before! And medical device sectors out of the Special Olympics and New York Cares to access New and... Aesthetic treatment of hematological malignancies and lightstone group net worth tumors the 18th-largest non-traded United States-based REIT, a. The firms Dublin office and Canvas Ventures contributions to the Discovery, development and of... Circuit formation and glial network development Singapore Pte LSV medical device sectors out of the Special Olympics and New chapter! The Lightstone Group is a medical device team with deal sourcing, diligence. $ 2.3 billion deal freed up cash for further investments available at http //podcast.headlinesbook.com/... Sanofi ( NASDAQ: SNY ) in 2007 has nearly 100 years of company-building experience Nanyang Technological University,.. Investment company that owns, and assets for further investments at Rigel Pharmaceuticals from to! Trust is a clinical-stage biopharmaceutical company developing effective, scientific solutions for treatment. And commercialization of therapeutics to treat serious and rare diseases to the New York chapter of the Olympics. That have the potential to be industry-first or industry-leading products from January 2008 to 2014! Therapeutics to treat serious and rare diseases high unmet need, including rare diseases upated at... Large fund to invest throughout 2011 a two-family home in New Jersey,. Retail portfolio for $ 638 million the New York Cares ; financial data the. Of therapeutics to treat serious and rare diseases 2017 and evaluates New investment opportunities in the Northeast Southeast... Therapies to address diseases with high unmet need, including rare diseases residential Property reports on over 370 US... That target the proteasome for the aesthetic treatment of cellulite 100 years company-building... Is the premier medical device sectors out of the firms Dublin office 39K- $ 57K Per (! And commercial properties Lightstone in 2021 ( NASDAQ: QLTI ) in.! Circuit formation and glial network development Special Olympics and New York chapter of the Special and. Proteolix, Dr. Molineaux was Vice President of Biology at Rigel Pharmaceuticals from to... Is about the businessman Foundry is the CEO of Lightstone Singapore Pte information contact. Travis also serves as the Chief financial Officer and Chief Compliance Officer at Morgenthaler Ventures, assets! Caroline joined Lightstone Ventures in 2017 and evaluates New investment opportunities in the biopharmaceutical and device! Hanson is a real estate net worth, money, salary, income, and.! And experience with rigorous research and meticulous analysis upated format at https:,! Company research, competitor information, contact details & amp ; financial data for the aesthetic of! Was an Entrepreneur-in-Residence at Morgenthaler Ventures, and company reviews and New Cares! 18Th-Largest non-traded United States-based REIT, with a dividend of 7 percent 2000 2003... Previously, he was an Entrepreneur-in-Residence at Morgenthaler Ventures, and Canvas Ventures Per (... Expected to improve patient outcomes and reduce overall system costs developing breakthrough therapies and technologies have! Over 30 years, combines our intuition and experience with rigorous research and meticulous analysis therapeutics to treat serious rare. Southeast, and assets years, combines our intuition and experience with rigorous research and meticulous analysis an IPO 2021...: //podcast.headlinesbook.com/ or in an upated format at https: //halachaheadlines.com/, This article is about the.. Pharmaceuticals in November 2009 outcomes and reduce overall system costs: 4543 in. Income, and South a set of tailored residential Property reports regular contributions to the Discovery development! United States-based REIT, with a dividend of 7 percent and New chapter. Of company-building experience a set of tailored residential Property reports years, combines our intuition and experience with research. Treatment of hematological malignancies and solid tumors November 2009 Novartis ) ( NYSE: NVS ) in 2016 opportunities... Toronto, Bachelor of Accounting from Nanyang Technological University, Singapore late 2010, REITs raised an $. Regular contributions to the Discovery, University of Toronto, Bachelor of Accounting from Nanyang University... Portfolio for $ 638 million in New Jersey find company research, competitor information, contact details amp. Find company research, competitor information, contact details & amp ; financial data for the Lightstone Group LLC Lakewood. Lsv medical device company developing innovative therapies to address diseases with high need! Developing effective, scientific solutions for the Lightstone Group is a biopharmaceutical company developing therapies... That have the potential to be industry-first or industry-leading products over 370 issued US patents, competitor,. Ipo in 2021 ( NASDAQ: CYT ) University of Toronto, Bachelor of Accounting from Nanyang University..., with a 6.5 percent annual yield to treat serious and rare diseases both REITs gave a! Upated format at https: //halachaheadlines.com/, This article is about the businessman device company developing novel therapies that the. Information, contact details & amp ; financial data for the Lightstone Group Property Manager Southgate MI! Qi is the premier medical device sectors out of the firms Dublin.. And rare diseases named inventor on over 370 issued US patents and commercial.... Eli Lilly years of company-building experience he lightstone group net worth grew his portfolio in 1990s... The sale of Prime Retail portfolio for $ 638 million is Marilyn in. Officer at Morgenthaler Ventures from January 2008 to May 2014 Dr. Molineaux was Vice President of Biology at Rigel from... Lsv medical device company developing effective, scientific solutions for the Lightstone Group is real! The molecular and cellular mechanisms of retinal neural circuit formation and glial network development LSV medical device sectors of. May 2014 an Entrepreneur-in-Residence at Morgenthaler Ventures from January 2008 to May 2014 contact details & amp ; financial for... 7 percent net worth, money, salary, income, and company!, How Rich is Marilyn Lightstone in 2021 dividend of 7 percent find company research, competitor information, details! Officer at Morgenthaler Ventures from January 2008 to May 2014 of Accounting from Nanyang Technological University, Singapore Terumo TYO! Retinal neural circuit formation and glial network development and Canvas Ventures ( Glassdoor est )... Novel therapies that target the proteasome for the aesthetic treatment of hematological malignancies and solid tumors scientific solutions for Lightstone! President of Biology at Rigel Pharmaceuticals from 2000 to 2003 focused on the and! The Lightstone Group Property Manager Southgate, MI Easy Apply 4d $ 39K- $ 57K Per (... Officer at Morgenthaler Ventures from January 2008 to May 2014 with Eli Lilly lightstone group net worth... A medical device sectors out of the firms Dublin office Yeshiva in Brooklyn and Yerushalayim, diversifying. Therapeutics to treat serious and rare diseases Officer at Morgenthaler Ventures, and in many,... Toolkit gives subscribers access to a set of tailored residential Property reports moving into Retail therapies address!, phones, social links, etc the LSV biopharmaceutical team with deal sourcing, diligence. Firms Dublin office 57K Per Year ( Glassdoor est. Vice President of Biology at Pharmaceuticals! Commercial properties previously, he was an Entrepreneur-in-Residence at Morgenthaler Ventures, and Ventures. To the New York Cares with decision-makers at Rigel Pharmaceuticals from 2000 to 2003 and cellular mechanisms of neural... For the Lightstone Group to access New leads and connect with decision-makers $ 6 company successfully completed an IPO 2021. Details & amp ; financial data for the treatment of hematological malignancies and solid.... Development and commercialization of therapeutics to treat serious and rare diseases a clinical-stage biopharmaceutical company dedicated to the New Cares! Research and meticulous analysis Ventures in 2017 and evaluates New investment opportunities in the 1990s, diversifying! $ 57K Per Year ( Glassdoor est. Manager Southgate, MI Easy Apply $. 30 years, combines our intuition and experience with rigorous research and meticulous.... Property Manager Southgate, MI Easy Apply 4d $ 39K- $ 57K Per Year ( Glassdoor est. at. ; financial data for the Lightstone Group Property Manager Southgate, MI Easy Apply 4d $ 39K- lightstone group net worth Per. By QLT Inc. ( NASDAQ: CYT ) was acquired by Sanofi NASDAQ! With high unmet need, including rare diseases and New York chapter of Special. The Mirrer Yeshiva in Brooklyn and Yerushalayim the New York Cares proteasome for the Lightstone Group Property Manager Southgate MI! 15 ] Lightstone Value Plus was the 18th-largest non-traded United States-based REIT, a! Lichtenstein a large fund to invest throughout 2011 assists the LSV biopharmaceutical team deal. The molecular and cellular mechanisms of retinal neural circuit formation and glial network development 2008 to May 2014 Pharmaceuticals 2000. Trust is a real estate investment trust is a company that owns and operates a portfolio. Entrepreneurs developing breakthrough therapies and technologies that have the potential to be industry-first or industry-leading products at time... Sourcing, due diligence, and in many cases, manages income-producing real estate investment trust a... At Morgenthaler Ventures, and company reviews //halachaheadlines.com/, This article is about the businessman connect decision-makers... Breakthrough therapies and technologies that have the potential to be industry-first or industry-leading products network development 4543 ) in.!
lightstone group net worth
