Lightstone DIRECT

For physicians and other busy professionals, passive real estate investing starts with a clear objective: durable cash flow, tax efficiency, and long-term wealth creation outside of public market volatility. The challenge is alignment. Too often, physicians must choose between crowdfunding platforms with layered fees and minimal sponsor capital at risk, sub-scale operators with limited track records, or large semi-liquid funds offering little asset-level transparency. Lightstone DIRECT was built to offer something different. It provides accredited investors direct access to single-asset multifamily and industrial investments alongside Lightstone, a $12B+ owner-operator with nearly four decades of experience across market cycles.

In every offering, Lightstone commits at least 20% of the total equity—far above typical industry standards—ensuring meaningful “skin in the game” and true alignment. Strategy targets high-occupancy, light-value add, Class B assets with robust cash flow. WCI investors can enjoy an exclusive $50K minimum per deal. No blind pools. No marketplace middlemen. Just institutional discipline, transparent fees, and direct partnership.


TYPE OF OFFERING
Syndication

PRIMARY FOCUS
Multi-Family
Industrial

MINIMUM INVESTMENT
$50,000

YEAR FOUNDED
1986

Overview

Single-asset multifamily and industrial.

Current opportunity (March '26):
Abernathy Industrial Park
7.7% target net cash-on-cash return
15.2% net IRR
4-year target hold

Why You?

Track record: 40 year operating history, $12B AUM, one of the largest private multifamily operators in the country

GP co-investment: Lightstone invests 20%+ of equity in each Lightstone DIRECT deal. These are the same deals Lightstone pursues with its own balance sheet; that Lightstone's investment committee has approved.

Vertical integration: Lightstone brings individual LPs the comfort of acquisitions, asset management, property management, back-office operations all under one roof for better end-to-end execution, transparency, and economies of scale.

Investor experience: Dedicated investor service rep assigned on day 1.

Single-asset multifamily and industrial: investors get a blend of diversification and deal-by-deal control and transparency. Lightstone DIRECT may offer other asset classes that Lightstone plays in as the platform grows, e.g. life sciences, hospitality, data centers.

Ideal Investor

A physician or high-net worth individual who wants to invest passively in private real estate deals, but wants to feel a higher degree of partnership and alignment with the GP. Someone who wants to invest on a deal-by-deal basis and really understand the strategy and the thesis, and to know that the manager has deep conviction in the project.

Anything Else?

WCI investors can exclusively invest as little as $50K in their first Lightstone DIRECT investment, below the typical $100K minimum.