Mitchell Hochberg, who joined Lightstone Group earlier this year, was recently named as the company's new president. He will replace retiring president Chip Owen, Jr. in 2013. Hochberg, who brings more than 30 years of real estate investment and development experience, will oversee the company’s investment strategies.
Hochberg founded and was president of Spectrum Communities for more than 20 years. He was also president and COO of Ian Schrager Company, which manages and develops hotels and residences. Hochberg was a principle at Madden Real Estate Ventures, which merged with Lightstone Group earlier this year.
Hochberg serves as chairman of the board of directors of Orleans Homebuilders, Inc., as well as on the board of directors of Orient Express Hotels Ltd.