John Coon, Regional Vice President at The Lightstone Group,will be joining South Coast to discuss hospitality real estate and the current opportunity in the space.
Lightstone Value Plus REIT II is focused primarily on select service hotels where value creation is possible. The hospitality sector may present a unique buying opportunity in today’s market where valuations have still not recovered from the most recent downturn.
The Lightstone Group, founded in 1988, is a privately held real estate company with one of the most diversified real estate portfolios in the United States. Today, Lightstone’s portfolio consists of more than 11,000 multifamily units, 8.1 million square feet of office, hotel, retail and industrial assets, and 12,000 fully-improved residential lots throughout the United States.