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"They are putting their own skin in the game and they're along for the ride." - Sanford Blumenthal
Takeaways
- Lightstone has over $12 billion in assets under management.
- Sanford's investment strategy includes a mix of public equities and alternative investments.
- The current market presents unique opportunities in industrial and life sciences sectors.
- Lightstone Direct allows accredited investors to invest alongside the firm.
- Investors can expect attractive cash yields from Lightstone's deals.
- Sanford believes in the long-term value of New York real estate.
Sanford Blumenthal has been active in the fields of commercial real estate and investment finance for over 15 years. At Lightstone, Sanford has closed over $3 billion of completed acquisitions, developments, and financings. Mr. Blumenthal is responsible for sourcing, underwriting, deal structuring, and due diligence across the residential, hospitality, office, industrial, retail, and land sectors. During his tenure at Lightstone, Sanford has been instrumental in the strategic development of lifestyle-oriented hotels in major gateway markets, with a primary focus on the Moxy brand. Sanford specializes in opportunistic deals with intricate capital structures.
