Lightstone Value Plus REIT V, Inc. Declares Special Cash Distribution, Payable on or About October 16, 2023
September 20, 2023 at 04:55 pm
Share
On September 20, 2023, the board of directors of Lightstone Value Plus REIT V, Inc. declared a special cash
distribution of $0.11 per share of common stock payable to stockholders of record as of September 30, 2023 (the
Special Distribution"). The Special Distribution, which represents a portion of proceeds from asset sales, will
be paid on or about October 16, 2023.
Lightstone Value Plus REIT V, Inc. is a real estate investment trust (REIT). The Company is formed primarily to acquire and operate commercial real estate and real estate-related assets. The Company holds interests in various commercial properties, such as office, industrial, retail, hospitality, multifamily, and student housing, and other real estate-related investments, such as mortgage loans and mezzanine loans. The Company's business is conducted through Lightstone REIT V OP LP (Operating Partnership). The Company has eight wholly owned real estate investments (multi-family apartment complexes) and one real estate-related investment (mezzanine loan). The Companyâs properties include Arbors Harbor Town, Parkside Apartments, Flats at Fishers, Axis at Westmont, Valley Ranch Apartments, Autumn Breeze Apartments, BayVue Apartments, and Citadel Apartments. The Companyâs business is externally managed by LSG Development Advisor LLC (the Advisor).
LIGHTSTONE VALUE PLUS REIT V, INC. 