Menachem “Mike” Silber, a native of Brooklyn, New York, has built a reputable career in real estate investment and development. In 2010, alongside his business partner Barry Farkas, he co-founded Lightstone Management, a firm dedicated to developing affordable housing in the NYC area. Under their leadership, Lightstone has successfully developed over 1,000 housing units in New York City, with a combined value exceeding $500 million.
Beyond the NYC metropolitan area, Silber has expanded his development ventures to other regions. Notably, Lightstone Management has been involved in constructing a 500-unit apartment complex in Nashville, Tennessee, a 360-unit complex in Douglas County, Oregon, and a substantial 5,000,000 square foot residential and commercial development in Florida. This expansion reflects his strategic vision and adaptability in diverse real estate markets.
In addition to his development projects, Silber has demonstrated a commitment to property management and investment diversification. Lightstone currently owns and manages over 550 units in NYC and more than 1,000 units outside of New York. In 2018, seeking to broaden their investment portfolio, Silber and his partner established Lightstone Holdings LLC, an investment office aimed at diversifying holdings across various industries, including private small business lending platforms.
Recognizing the importance of technological advancements, Silber has also ventured into emerging sectors. He has invested in multiple blockchain and cryptocurrency companies, positioning himself at the forefront of this evolving frontier.
Through his leadership and innovative approach, Menachem “Mike” Silber continues to make significant contributions to the real estate industry, driving growth and development across various regions and sectors.
