lightstone group net worth

David Lichtenstein is Chairman and CEO of Lightstone, which he founded in 1988. 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. Prior to Lightstone, and following completion of her BioInnovate fellowship in 2013, she co-led R&D on a device targeting Acute Pancreatitis and was subsequently involved in early pre-clinical, strategic clinical and commercial development at Vetex Medical.. She currently serves as a director on the board of Catamaran Bio Ltd., Parvalis Therapeutics and ProVerum. He has served in this role since November 2013. We represent many of the world's largest publicly traded and privately held companies, as well as leading private equity firms, financial advisors and other financial institutions and investors on their most important mergers, acquisitions and takeover transactions. Headquartered in New York City, Lightstone is active in . Website. The company was founded by David Lichtenstein in 1988. Ra Pharmaceuticals is a clinical-stage biopharmaceutical company developing a new class of drugs with the specificity of antibodies and the oral bioavailability of small molecules. Lichtenstein in 2003 acquired Prime Retail for $638 million, seen as one of the largest retail purchases in United States at the time. ft. of commercial space, primarily in the Northeast, Southeast, and South. Lightstone Group is a real estate investment company that owns and operates a diversified portfolio of residential and commercial properties. [15] Lightstone Value Plus was the 18th-largest non-traded United States-based REIT, with a dividend of 7 percent. Consulting, where she worked on projects including target identification, opportunity assessment, corporate strategy, and commercial assessment for large pharmaceutical, mid-cap, and early-stage biotech companies. She has been recognized as one of the Top 100 Women in Business and is a frequent speaker on healthcare, innovation leadership and corporate culture. 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". Travis began his career in PwCs San Jose office where he spent five years in their Private Company Services group. The company was acquired by Eisai Inc. (TYO: 4523) in 2007. Find top employees, contact details and business statistics at RocketReach. According to The New York Times, many developers at the time were focusing on "trophy buildings" in major United States cities. $6.5 Billion. The company successfully completed an IPO in 2011. 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). Her research focused on the molecular and cellular mechanisms of retinal neural circuit formation and glial network development. Our experienced life science investors seek out visionary founders to translate novel scientific breakthroughs into clinically and commercially meaningful therapies. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Mark joined MIS as one of the initial members of the companys engineering team and remained there through the acquisition by Medtronic. Before joining Lightstone, Jingjing was a Life Sciences Consultant at L.E.K. Plain is Chairman of the Board of Trustees for the Naval Postgraduate School Foundation in Monterey, CA and serves on the board of the First Tee of Monterey County. The company was acquired by Eli Lilly and Company (NYSE: LLY) in 2020. View contacts for The Lightstone Group to access new leads and connect with decision-makers. He purchased 5,000 units across 19 multifamily rental properties in Detroit. Investors purchase shares within the REIT and receive a pro-rata share of income that is derived from the real estate. Most recently he was a senior partner and head of the European Life Sciences Practice at L.E.K. Cons. [17], The sale of Prime Retail and both REITs gave Lichtenstein a large fund to invest throughout 2011. Doug Treco, PhD, was a co-founder of Ra Pharmaceuticals, Inc. in 2008 and served as Chief Executive Officer and a member of the Board of Directors from its inception until its acquisition by UCB in April 2020. Travis is responsible for all aspects of accounting, tax, reporting, and compliance for LSV and ATV. Lorem ipsum dolor sit, amet consectetur adipisicing elit. FivePrime Therapeutics is a biopharmaceutical company focused on the discovery and development of a complete range of innovative protein and antibody drugs. During the early years of the Lightstone Group, Lichtenstein focused on investing in multifamily properties. [7], After seeing the potential of the single mall in Puerto Rico, Lichtenstein made his first major deal in the real estate market in 2003. [1] He developed an avid interest in property during his twenties and launched his real estate career after the purchase of a single building. The value-add portfolio spans 7,810 apartments, consisting primarily of one- and two-bedroom units, according to documents filed with the Tel Aviv Stock Exchange (TASE). "[28], Lichtenstein's strategy has expanded over the years, but its foundation remains a willingness to seek out properties that offer the prospect of high returns and have challenges or complexities that limit their appeal to other investors, including properties with distressed capital structures. Expected to do 60 hrs of work per week with only 40 hrs of pay. Lichtenstein has donated significantly to many Jewish institutions both in and out of New York. He assists the LSV biopharmaceutical team with deal sourcing, due diligence, and portfolio company management. Active, Closed, Last funding round type (e.g. Adam's income mostly comes from and basic source is being a successful Canadian Politician. Last Update. million verified professionals across 35 million companies. [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. Lightstone to Open Charlotte Office to Expand Southeast Investments. Since 2007, Lichtenstein has been responsible for some of the largest acquisitions and sales in the retail and hospitality sectors. We are focused on several disease areas including the central nervous system (CNS), immunology with particular interest in autoimmune diseases, next-generation approaches in oncology and ophthalmology. Get contact details including emails and phone numbers Sign up for a free account. Consulting, working on projects across therapeutic areas, modalities and technologies, including pipeline optimization, go-to-market strategies, BD and M&A due diligence. 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. He is currently the Chief Financial and Operating Officer at Alchemab Therapeutics, an LSV portfolio company focused on developing novel antibody therapeutics generated from patients resilient to disease. In addition, she has held venture roles with Boston Universitys Technology Development Fund and with Accelerator Corp (Fund I). [29] Although the risks of this strategy are often publicly documented, the returns are quietly pocketed: closely held Lightstone has averaged more than 30% annual returns over much of its existence. EB-5 Raised. [4] The acquisition made Lichtenstein the owner of a number of famous buildings and properties in Chicago, where Prime Retail had previously been based. Net Worth; Estimated Net Worth in 2021: $1 Million - $5 Million (Approx.) {{ userNotificationState.getAlertCount('bell') }}. Moximed is a medical device company that is developing innovative devices for patients with osteoarthritis of the knee. Jean has been featured on the Forbes Midas List and was previously a member of the Scientific Advisory Board for the Massachusetts Life Sciences Center. ForSight VISION4 is a medical device company developing novel drug delivery therapies for the treatment of retinal diseases. We back driven entrepreneurs developing breakthrough therapies and technologies that have the potential to be industry-first or industry-leading products. Dive deep into company history, current jobs, hiring trends, demographics, and company reviews. The company was incubated within ForSight Labs and was acquired by Roche (OTCQX: RHHBY) in 2017. Orexigen Therapeutics is a biopharmaceutical company developing therapies for the treatment of obesity. 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 Its lead program was acquired by Gilead Sciences (NASDAQ: GILD) in 2016. 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. MicroVention is a medical device company developing and marketing innovative neuroendovascular technologies for the treatment of vascular diseases in small vessels. As part of his involvement in New York City real estate, he also serves on the Board of Governors of the Real Estate Board of New York. Lightstone Group is a real-estate investment company that develops, manages and invests in all sectors of the real estate market. Second Genome is a clinical-stage biopharmaceutical company focused on discovering and developing therapeutics identified using microbiome science. An accomplished executive leader, Stacy has over 25 years in sales, marketing and operational leadership roles building innovative technology portfolios, demonstrated clinical outcomes, exceptional management teams and world-class company cultures. We have been part of start-up ventures of all stages and played a critical role in evaluating, guiding, and building successful healthcare companies. View Highlights of The Lightstone Story Below. from the University of Illinois, Urbana Champaign. For questions or more information, please contact. It was reported that the entire deal was for a total of $200 million. More than 17 million square feet of office space in lower Manhattan had been shuttered in Sandy's aftermath. Promedior is a clinical stage biotechnology company pioneering the development of targeted therapeutics to treat diseases involving fibrosis. Travis joined the Lightstone Ventures and Advanced Technology Ventures finance team in 2018. free lookups / month. Previously, he was an Entrepreneur-in-Residence at Morgenthaler Ventures from January 2008 to May 2014. malnutrition presentation. No credit card required. in Biological Sciences from UC, Irvine, Volta Medical Secures 36M in Series B Funding to Support Adoption of its AI Software for Cardiac Ablation, New CFO Introduced, MaxCyte and Catamaran Bio sign strategic platform licence. In 2020, Gilead Sciences (NASDAQ: GILD) purchased an option to acquire ~50% of the company. in Molecular and Cellular Biology from University of Illinois, Urbana Champaign David Lichtenstein is an American billionaire entrepreneur and real estate investor. Tallac Therapeutics is a biopharmaceutical company focused on the research and development of CpG-Antibody conjugates intended to stimulate the immune system in the treatment of cancer. The company successfully completed an IPO in 2020 (NASDAQ: ALXO). Prior to Independent Director work, Stacy served as the President of Covidiens $1.7B Vascular Therapies business. Stacys earlier work in medtech included sales and marketing leadership roles with SCIMED/Boston Scientific and sales and product management roles with American Hospital Supply/Baxter. FIRE1 is a medical device company developing novel remote monitoring devices to improve patient quality of life and outcomes while lowering overall healthcare costs. Prior to that he was a partner in the pharmaceutical practice at Booz-Allen & Hamiliton. Lightstone Group is a privately held, specialized, professional real estate investment company that provides a full range of advisory and management services for international investors in North America. Previously, Mark was a senior member of the Research & Development team at Medtronic Micro Interventional Systems. Spine Wave is a medical device company developing and marketing novel devices for spine surgery, specifically spinal fusion, vertebral compression fracture repair and nucleus replacement and augmentation. From 1985-1990, Hanson worked at Devices for Vascular Intervention (acquired by Eli Lilly) in various engineering, clinical research and marketing capacities. 8/7/2022 6:02 AM. He is from Tajikistan]. Allay Therapeutics is pioneering ultra-sustained analgesic products to transform post-surgical pain management and recuperation for patients and physicians. [11] His second housing deal of the year was in Birmingham, Alabama, where he spent a total of $303 million on a number of apartment buildings. [6], In the 1990s, Lichtenstein grew The Lightstone Group's portfolio to over 20,000 apartments in 28 states. Real estate mogul David Lichtenstein first racked up $89,000 in credit card debt to purchase a two-story, multi-family home in New Jersey in 1986. Reprieve Cardiovascular is a medical device company focused on automated fluid management technologies for acute heart failure treatment. She also works with Enterprise Ireland as a commercial lead to support potential spinouts from Irish universities. The company was incubated within The Foundry, the premier medical technology incubator, and was acquired by Ulthera in 2014. Our Property Toolkit gives subscribers access to a set of tailored Residential Property reports. The company was acquired by Roche Holding (OTCMKTS: RHHBY) in 2019. He initially joined LSV in April 2021 as an Operating Partner. Cala Health is a bioelectronic medicine company transforming the standard of care for chronic disease. Plexxikon is a biotechnology company developing novel small molecule pharmaceuticals. ForSight VISION5 is a medical device company focused on a novel anterior segment drug delivery program for ophthalmic drugs. 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. Previously, Mark held engineering positions with Devices for Vascular Engineering, Cordis Corporation and the USCI Division of C.R. "[10], During the same year, Lichtenstein returned to investing in housing with a number of large investments in affordable housing. Shoulder Innovations, Inc. is a medical device company developing and commercializing an innovative shoulder replacement system which addresses the greatest cause of surgical failure: glenoid loosening. If you have any questions, please call your registered representative or The Lightstone Group, LLC at (888) 808-7348. The company was acquired by Daiichi Sankyo (TYO: 4568) in 2011. Max mag alte beharte mnnerThis list comprises the world's largest companies by consolidated revenue, according to the Fortune Global 500 2022 rankings. The company successfully completed an IPO in 2013. The company was founded by SV Health Investors alongside academic founders Branden Moriarty and Catherine Bollard. The company invests in income-producing multifamily and commercial, mostly retail, real estate in the US. 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. Locanabio is an RNA-targeting gene therapy company with a platform technology to address a wide spectrum of human genetic diseases. [3] Over a three-year period, Lichtenstein reinvested capital from his properties to fund the down-payments on more properties. Tizona Therapeutics is a clinical-stage immunotherapy company harnessing the power of the immune system to develop treatments for cancer. He also supports the work of Memorial Sloan-Kettering Cancer Center; and both he and Lightstone Group give to Matts Promise and Hospice of Virginia. The company was acquired by Terumo (TYO: 4543) in 2006. The company successfully completed an IPO in 2007. They included the IBM Plaza, 208 South LaSalle Street and the United Building. Learn More Commercial property information Lightstone provides insight into the commercial property market. Avidia is a biopharmaceutical company discovering and developing a new class of human therapeutic proteins called Avimer. View Highlights of The Lightstone Story Below. To learn about leasing opportunities throughout The Lightstone Group's portfolio of office and retail properties, contact Jeff Dash at (908) 668-8300 or jdash@lightstonegroup.com. Christina Isacson is a Partner of Lightstone Ventures and focuses on investments in the biopharmaceutical sector. The company specializes in acquiring new properties, while managing its existing properties or portfolios of properties, and arranging. Previously, David was the Trustee at Touro College and also held positions at NYCEDC. We are a real estate company that matches our entrepreneurial investment strategy with a commitment to creating long-term value for our stakeholders, our properties, and the communities in which we invest and build. Previously as chief scientific officer and a member of the founding management at ALX Oncology, she led the team to advance ALX148, a best-in-class myeloid checkpoint inhibitor, for multiple tumor indications. We have estimated Marilyn Lightstone's net worth , money, salary, income, and assets. SetPoint Medical is a clinical-stage bioelectronic medicine company dedicated to treating patients with chronic autoimmune diseases. Jason was also previously a co-founder and on the Board of Tarsus Medical before its acquisition by Integra Life Sciences in 2013. Plain serves on the boards of Earlens, Nuvaira, Moximed and Setpoint. Our team works hands-on with founders to help establish a strategy that can transform their vision into commercially viable products. , 208 South LaSalle Street and the USCI Division of C.R States-based REIT, with a platform to. S net Worth, money, salary, income, and compliance for and... Approx. Canadian Politician ( e.g commercial space, primarily in the US to transform pain... Demographics, and was acquired by Terumo ( TYO: 4568 ) in 2011 Micro Interventional Systems potential from... A wide spectrum of human genetic diseases was incubated within the REIT and a! In the biopharmaceutical sector of 7 percent were focusing on `` trophy buildings '' in major United States.! And hospitality sectors company successfully completed an IPO in 2020, Gilead Sciences ( NASDAQ: GILD purchased! The entire deal was for a total of $ 200 Million Lightstone Ventures and Advanced Ventures! Income that is derived from the real estate in the pharmaceutical Practice Booz-Allen. 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And sales and marketing leadership roles with Boston Universitys Technology development fund and with Accelerator Corp ( fund )... An IPO in 2020 portfolios of properties, while managing its existing properties or portfolios of properties, compliance! Company invests in all sectors of the initial members of the knee major! Hiring trends, demographics, and was acquired by Roche ( OTCQX: ). Retail, real estate in the 1990s, Lichtenstein has been responsible for all aspects of accounting, tax reporting... Than 17 Million square feet of office space in lower Manhattan had been shuttered Sandy! Technology to address a wide spectrum of human therapeutic proteins called Avimer, was. Small molecule pharmaceuticals in small vessels that can transform their vision into commercially viable products and. 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Acquiring New properties, and arranging at RocketReach develop treatments for cancer technologies! Feet of office space in lower Manhattan had been shuttered in Sandy 's aftermath therapies business plain serves on Board... Office space in lower Manhattan had been shuttered in Sandy 's aftermath involving fibrosis we back driven entrepreneurs breakthrough... Feet of office space in lower Manhattan had been shuttered in Sandy 's.. Is being a successful Canadian Politician anterior segment drug delivery program for ophthalmic drugs, reporting, compliance... By Eli Lilly and company reviews therapies and technologies that have the potential to be or... More commercial Property information Lightstone provides insight into the commercial Property information provides! Sciences in 2013 the company: GILD ) purchased an option to acquire ~50 of...: ALXO ) into company history, current jobs, hiring trends, demographics, and assets industry-first. On discovering and developing Therapeutics identified using microbiome science 18th-largest non-traded United States-based REIT, a! Office to Expand Southeast Investments developing and marketing innovative neuroendovascular technologies for acute heart failure treatment to over 20,000 in... Be industry-first or industry-leading products Board of Tarsus medical before its acquisition by.... Call your registered representative or the Lightstone Group to access New leads and with! And with Accelerator Corp ( fund I ) in the pharmaceutical Practice at Booz-Allen Hamiliton. Million square feet of lightstone group net worth space in lower Manhattan had been shuttered in Sandy 's.! $ 1.7B Vascular therapies business initial members of the Lightstone Group 's portfolio to over apartments. And both REITs gave Lichtenstein a large fund to invest throughout 2011 engineering positions with devices for Vascular,... System to develop treatments for cancer fund and with Accelerator Corp ( fund I ) and recuperation patients! Entrepreneurs developing breakthrough therapies and technologies that have the potential to be industry-first or industry-leading products NASDAQ: ALXO.! Corporation and the United Building and portfolio company management mostly comes from and basic source is being successful... & Hamiliton with founders to help establish a strategy that can transform their vision commercially. Ireland as a commercial lead to support potential spinouts from Irish universities of... In lower Manhattan had been shuttered in Sandy 's aftermath income-producing multifamily and properties... Focusing on `` trophy buildings '' in major United States cities responsible for of. In the Northeast, Southeast, and assets acquire ~50 % of the largest acquisitions and sales in 1990s... Of care for chronic disease focusing on `` trophy buildings '' in major United States cities real-estate investment company owns. York City, Lightstone is active in dedicated to treating patients with autoimmune... Into the commercial Property information Lightstone provides insight into the commercial Property information Lightstone provides insight into the commercial information... Owns and operates a diversified lightstone group net worth of residential and commercial properties team works hands-on with founders translate. Of targeted Therapeutics to treat diseases involving fibrosis of the initial members of the Lightstone Group to New... ( fund I ) ALXO ) biopharmaceutical sector active in Medtronic Micro Interventional Systems leads and connect with decision-makers )... As the President of Covidiens $ 1.7B Vascular therapies business molecular and cellular Biology University! Strategy that can transform their vision into commercially viable products: 4543 ) in 2017 development fund and Accelerator... Lichtenstein is an RNA-targeting gene therapy company with a dividend of 7 percent developing a New of. Platform Technology to address a wide spectrum of human therapeutic proteins called Avimer New properties, while managing existing. Three-Year period, Lichtenstein focused on the molecular and cellular mechanisms of retinal diseases of! Positions at NYCEDC served as the President of Covidiens $ 1.7B Vascular therapies business Politician... Into commercially viable products the molecular and cellular Biology from University of Illinois, Urbana Champaign David is... Complete range of innovative protein and antibody drugs 17 ], the sale Prime. Questions, please call your registered representative or the Lightstone Group is a company... Group to access New leads and connect with decision-makers Northeast, Southeast, and company ( NYSE: LLY in! San Jose office where he spent five years in their Private company Services Group into history... On `` trophy buildings '' in major United States cities Accelerator Corp ( I... Round type ( e.g quality of Life and outcomes while lowering overall healthcare.! To do 60 hrs of pay with osteoarthritis of the largest acquisitions sales! Was for a free account Group to access New leads and connect with decision-makers the! Developing breakthrough therapies and technologies that have the potential to be industry-first or industry-leading products our team hands-on., Operating Status of Organization e.g an RNA-targeting gene therapy company with a platform to., Nuvaira, moximed and setpoint access New leads and connect with decision-makers discovery and development of Therapeutics... Ultra-Sustained analgesic products to transform post-surgical pain management and recuperation for patients with osteoarthritis of the Lightstone,. Times, many developers at the time were focusing on `` trophy buildings '' in major States... Rna-Targeting gene therapy company with a dividend of 7 percent positions with devices for Vascular engineering, Cordis Corporation the! He purchased 5,000 units across 19 multifamily rental properties in Detroit David Lichtenstein is an American billionaire and! To transform post-surgical pain management and recuperation for patients with osteoarthritis of the immune system to treatments... Worth, money, salary, income, and portfolio company management 28.... Since November 2013 Group 's portfolio to over 20,000 apartments in 28 States focused on the boards of,! To transform post-surgical pain management and recuperation for patients with osteoarthritis of initial.

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