The Board of Directors of Lightstone Value Plus Real Estate Investment Trust III, Inc. appointed Seth Molod as the company's Chief Financial Officer and Treasurer effective August 27, 2018. Prior to joining the company, Mr. Molod served as an Audit Partner, Chair of Real Estate Services and on the Executive Committee of Berdon LLP, a full service accounting, tax, financial and management advisory firm (“Berdon”). Mr. Molod joined Berdon in 1989.

He has extensive experience advising some of the nation's most prominent real estate owners, developers, managers, and investors in both commercial and residential projects. Mr. Molod has worked with many privately held real estate companies as well as institutional investors, REITs, and other public companies. Mr. Molod is also serving as Executive Vice President and Chief Financial Officer of The Lightstone Group, the Company's sponsor and advisor, and other investment funds sponsored by The Lightstone Group.