Bio
Prior to joining Lightstone, Mr. Rozovsky served as Vice President of Acquisitions & Asset Management at Madison Realty Capital, leading the team responsible for all debt and equity investment and closing over $2 billion in transactions. Prior to Madison, Mr. Rozovsky held positions at Hudson Realty Capital and Blackstone.
Founded to address the financing inefficiencies and roadblocks many borrowers face in the current debt market, Lightstone Capital provides a reliable source of flexible capital for real estate transactions at a speed faster than traditional lenders.
"Eugene's experience and industry knowledge will undoubtedly be a huge asset to Lightstone," said Lightstone President Mitchell Hochberg. "He brings the leadership and insight needed to help us launch and grow Lightstone Capital, and we are thrilled to welcome him to the company."
Tapping the extensive real estate investment and development knowledge Lightstone and of Mr. Rozovsky, Lightstone Capital specializes in providing first-lien and mezzanine loans for bridge and construction financing projects secured predominately by transitional and near-stabilized real estate assets as well as land. The platform plans to close $500 million of financing within its first year.
Lightstone Capital's target loans range in size from as small as $3 million up to $100 million, secured by real estate assets located in gateway markets including New York, Miami, and Los Angeles. Lightstone Capital will also consider strong projects in secondary markets. Lightstone Capital underwrites opportunities with term sheets typically out within 3-5 business days, far more quickly than most present lenders.
Areas of Interest
- Deal Type
- Acquisition, Development, Ground Lease, Loan Purchase, Opportunity Zone, Partner Buyout, Pre-Development, Recapitalization, Refinance, Rehabilitation
- AUM
- Max LTV
- Capital Stack