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Multifamily

Real Estate

Investing

With a diverse national portfolio of more than 25,000 units, Lightstone has earned a reputation for identifying innovative and untapped opportunities in multifamily real estate. Leveraging our footprint, Lightstone has unrivaled insights into macro fundamentals to inform underwriting decisions based on actual data. Our four decades of experience allows us to efficiently navigate complex transactions and invest across the risk spectrum of heavy value-add to core+ opportunities. As a vertically integrated firm, our robust infrastructure enables us to remain disciplined and consistently pursue strong risk-adjusted returns.

Multifamily

Real Estate

Investing

With a diverse national portfolio of more than 25,000 units, Lightstone has earned a reputation for identifying innovative and untapped opportunities in multifamily real estate. Leveraging our footprint, Lightstone has unrivaled insights into macro fundamentals to inform underwriting decisions based on actual data. Our four decades of experience allows us to efficiently navigate complex transactions and invest across the risk spectrum of heavy value-add to core+ opportunities. As a vertically integrated firm, our robust infrastructure enables us to remain disciplined and consistently pursue strong risk-adjusted returns.

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Learn More About Investing In Multifamily Real Estate
Market Perspective
Whitepaper: Multifamily Real Estate in 2026
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Why Grand Rapids Now?
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Real Estate Investing 101
Market Trends
Why Targeting Class B Might Be a Smarter Play Today: Understanding Class A, B, and C Multifamily Real Estate
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OUR MULTIFAMILY PORTFOLIO

Multifamily Realized Track Record Overview
Realized Multifamily Deals on Investments Since 2004
13 Investments | 42 Properties
Total Acquisition Price
$474.2M
Realized Net Returns on Investments Since 2004
23.6% Net IRR | 3.66x Net Equity Multiple
TARGET INVESTMENT PROFILE
Net IRR
12.0% - 15.0%
Net Annual Cash on Cash
6.0% - 8.0%
Holding Period
3 - 5 Years
Leverage
60.0% - 75.0%
Investment Strategies
Core Plus and Value-Add
Lightstone's Multifamily Portfolio
Total Multifamily Units
25,000+
Total Properties
100+
States Invested In
11
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ACCESS

EARNED

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