Date : April 15, 2022 | Source : Xangle Disclosure
On April 15, 2022, LIGHTSTONE GROUP made a strategic investment in the SBCC Foundation to build a blockchain-based smart city. Starting with the US market, SBCC Foundation will expand its blockchain-based smart city platform throughout Europe and Asia.
Lightstone’s real estate platform, provides sponsors with flexible, creating, and immediate financing solutions. Launched in 2018 with over $500 million of discretionary capital, Lightstone Capital originates senior loans, mezzanine loans, and preferred equity on virtually all property types throughout the United States, and acquires notes backed by real estate. Leveraging over 40 years of investment experience and over $10 billion of real estate transactions, our fully integrated platform enables us to provide solutions for borrowers with real estate opportunities that either fall outside the realm of traditional and/or larger institutional lenders or simply require a more flexible and straightforward capital solution.