[Podcast] Episode 12: Building Real Estate Wealth Through Discipline, Creativity & Conviction
In this episode of the REdirect podcast, host Greg Fink sits down with Mitchell Hochberg, President of Lightstone, to discuss what it takes to build a disciplined investment platform without losing an entrepreneurial edge.
Over more than four decades in real estate, Mitch has learned that protecting capital comes before chasing returns. At Lightstone, that means underwriting the downside first and staying diversified enough across verticals that no deal ever has to get done. It also means investing in people: Mitch spends a substantial amount of his time recruiting and mentoring, looking for the best all-around athlete rather than the best specialist.
He also explains why uncertainty creates opportunity for those willing to look harder, what separates a distressed owner from a distressed property, and the three questions every investor should ask a sponsor before writing a check.
Listen to the full insights on your preferred streaming platform:
🎧 Spotify
🎧 YouTube
Greg Fink
Greg Fink is the Chief Investment Officer of Lightstone DIRECT and the Vice President of Acquisitions at Lightstone. Under Lightstone DIRECT, Greg manages day-to-day operations, provides strategic oversight for all investments, and leads DIRECT’s long-term growth trajectory.
At Lightstone, Greg is also the Vice President of Acquisitions, where he leads Lightstone’s multifamily investments nationwide. He joined Lightstone in 2015 and has closed over $3.0BN worth of multifamily acquisitions and dispositions across 16,000 units nationwide. He oversees all aspects of a transaction from strategy, sourcing, structuring, financing, and closing. Mr. Fink graduated from New York University with a B.S. in Communications and a M.S. in Real Estate Finance.
