Lightstone Direct launches $9.72M Arlington Industrial real estate fund
Lightstone Direct I LLC - Series Arlington Industrial, a Delaware LLC formed in 2026, is raising $9.72M for a real estate investment fund under Regulation D exemptions 3(c)(1) and 3(c)(5). The fund has sold $3.02M to 27 investors with a $50K minimum and remains open for $6.69M.
Note: New issuer on Edgar; general solicitation permitted under 506(c); no placement agent listed despite active fundraising.
How this compares
- $9.7M is larger than 64% of the 410 real estate fund launches with a stated size in the last two years; the median is $438K.
- Among 268 fund launches filed from NJ in the same window it is larger than 61%; the NJ median is $6M.
- Across 38 real estate sponsors with more than one launch on EDGAR, the median gap between consecutive funds is 6 months.
- This is the sponsor's 4th fund launch on EDGAR; the previous one, Lightstone Direct I LLC - Series OKC Outlets, was filed 1 months earlier at $14.4M.
Computed from every Form D fund launch on EDGAR since late 2024, not sampled. Amounts are the stated offering size; indefinite offerings are excluded.
Lightstone on EDGAR
Earlier and related filings by the same issuer and sponsor. All Lightstone Direct vehicles →
Lightstone Direct I LLC - Series OKC Outlets updates its Form D — $4.5M sold
Lightstone Direct I LLC - Series OKC Outlets files a $14.4M other fund fund
Lightstone Direct I LLC - Series Grand Rapids Multifamily updates its Form D — $7.8M sold
Lightstone Direct I LLC - Series Grand Rapids Multifamily files a $17.1M real estate fund
Lightstone Direct I LLC - Series Abernathy Industrial updates its Form D — $16.1M sold
Lightstone Direct I LLC - Series Abernathy Industrial files a $20.4M real estate fund
Registered adviser
probable matchLIGHTSTONE VENTURES (LSV CAPITAL MANAGEMENT, LLC)
- Registration
- exempt reporting adviser · since 2013-06-11
- Private funds on Form ADV
- Yes
- Office
- Portola Valley, CA
Website and main-office phone from Form ADV. Subscribe to unlock
Incumbent service providers
Schedule D for this adviser has not been read yet; it is queued.
People on the filing
| David Lichtenstein | Executive Officer |
| Mitchell Hochberg | Executive Officer |
| Joseph E Teichman | Executive Officer |
| Seth D Molod | Executive Officer |
| Moshe D Lichtenstein | Executive Officer |
| - LSG Direct Manager LLC | Director |
| Greg Fink | Promoter |
| Soren Godbersen | Promoter |
| Sanford Blumenthal | Promoter |
| Jonathan Spitz | Promoter |
| Storm Murphy | Promoter |
| Annina Vaisanen | Promoter |
| Maya Green | Promoter |
Signed by Joseph E. Teichman, Executive Vice President and General Counsel.
Why now — by persona
- Fund administrator:A concrete reason to call this issuer this week, citing the filing. Subscribe to unlock
- Fund audit & tax:A concrete reason to call this issuer this week, citing the filing. Subscribe to unlock
Filing contact
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