Lightstone DIRECT, a real estate investment platform built for high-net-worth individuals seeking institutional-quality opportunities without institutional barriers, has announced the successful close of their first industrial investment, and the launch of the platform’s first multifamily investment opportunity. Lightstone DIRECT successfully secured participation from more than 70 accredited, high-net-worth investors for a value-add industrial deal in South Carolina, Abernathy Industrial Park. Additionally, the platform launched its first multifamily offering, Hidden Lakes. The offering will provide high-net worth individuals the opportunity to invest in a light value-add apartment complex in Grand Rapids, Mich., which offers a target net 7.4 percent average cash-on-cash return over a 4-year target hold.
These investment opportunities bring qualified investors access to the same real estate investment approach that has made Lightstone successful for four decades across ind
