Berel’s leadership has driven Lightstone Management to expand its operations beyond New York, with significant projects underway in Nashville, Tennessee; Douglas County, Oregon; and Florida. These ventures include residential, commercial, and mixed-use developments, showcasing his ability to innovate and adapt to the evolving real estate landscape.
In addition to his work in real estate, Berel is a forward-thinking investor. He co-founded Lightstone Holdings LLC in 2018 to diversify his business interests into private lending, blockchain, and cryptocurrency sectors. This innovative approach underscores his commitment to staying ahead of industry trends while driving growth across multiple sectors.
Berel’s dedication extends beyond business, as he is deeply passionate about empowering students to achieve their educational goals. Through the Berel Farkas Scholarship and the Berel Farkas Grant, each worth $1500, he supports U.S.-based graduate and undergraduate students pursuing academic excellence. These initiatives reflect his belief in education as a cornerstone of personal and professional success.
Through his ventures and philanthropic efforts, Berel (Barry) Farkas has become a respected leader in real estate, investment innovation, and education advocacy, leaving a legacy of progress and opportunity for the next generation.