WHITE PLAINS APARTMENTS SPONSOR
Lighthouse Living, LLC was founded in 2010 by David Mann of White Plains, New York. Mr. Mann transitioned out of the clothing manufacturing business to real estate development in 2008. After receiving a Masters in Real Estate Development from NYU Schack Institute, an arduous search for developable property began. Lighthouse’s first property was purchased in August 2011 for the purpose of building a ten (10) unit apartment building. The project was completed in August 2012 for $2,900,000 and sold for $3,900,000. Lighthouse’s second property was purchased in April of 2012 where construction of a thirty (30) unit apartment building was completed in July of 2013. The cost of construction was $6,400,000 and currently has entertained offers of $12,000,000. Lighthouse’s 3rd, 4th, & 5th developments were acquired, commenced and completed simultaneously. The three projects combined totalled to 103 units and were completed in 2014 for $32,000,000. Mann’s disciplined analytics and efficient construction method prove to yield superior returns in a difficult economic climate.
New York City Skyline
Wood Works—550 Halstead, Harrison, NY
For more information on David Mann and Lighthouse Living please visit their website, which features extensive information on each project at www.lighthouseliving.com.