National + Retail | February 21, 2019

Lightstone Names Manager for Newly-Launched RE Debt Platform

Investor and developer Lightstone has appointed Eugene Rozovsky (pictured) as SVP of real estate debt strategies. He’ll manage Lightstone Capital, the New York-based company’s newly-launched real estate debt platform.

Before joining Lightstone, Rozovsky served as VP 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 MRC, he held positions at Hudson Realty Capital and Blackstone.

“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.”

Lightstone Capital plans to close $500 million of financing within its first year. The platform specializes in 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.

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Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).