Tranche Update on Lightstone Value Plus Real Estate Investment Trust V, Inc.'s Equity Buyback Plan announced on June 16, 2020.
July 28, 2020 at 04:54 pm
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From June 16, 2020 to July 24, 2020, the company has repurchased 26,637 shares, representing 0.13% for $0.06 million. With this, the company has completed the repurchase of 26,637 shares, representing 0.13% for $0.06 million under the buyback announced on June 16, 2020.
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. 
