Mitchell Hochberg

Lightstone Closes $187 Million Refinancing for ARC

  LONG ISLAND CITY, N.Y./ Feb. 11, 2019 (STL.News) National real estate investor and developer Lightstone today announced the close of $187 million in financing from Citibank for ARC, a 428-unit luxury rental property in the Dutch Kills section of Long Island City, New York. The building, which offers over 50,000 square feet of indoor … Continue reading Lightstone Closes $187 Million Refinancing for ARC

Lightstone Closes $73 Million Financing for Moxy South Beach

  MIAMI BEACH, Fla./ Dec. 10, 2018 (STL.News) National real estate investor and developer Lightstone today announced the close of $73 million in financing from Canyon Partners Real Estate LLC® (“Canyon”) and CapitalSource, a division of Pacific Western Bank, to develop the 7-story, 202-key Moxy South Beach. The financing package consisted of a $55 million … Continue reading Lightstone Closes $73 Million Financing for Moxy South Beach