Lightstone Value Plus REIT V, Inc. (LVVP)
Lightstone Value Plus REIT V, Inc.
1985 Cedar Bridge Avenue
Suite 1
Lakewood, NJ 08701-7031
United States
888 808 7348
https://www.lightstoneshareholderservices.com
Sector(s):
Industry:
Full Time Employees:
Key Executives
| Name | Title | Pay | Exercised | Year Born |
|---|---|---|---|---|
| Mr. Mitchell Cary Hochberg CPA | Chairman, President & CEO | N/A | N/A | 1952 |
| Mr. Seth David Molod | Executive VP, CFO & Treasurer | N/A | N/A | 1964 |
| Mr. Stewart P. Yee | Director, Investor Relations | N/A | N/A | N/A |
| Mr. Terri Warren Reynolds | Senior VP of Legal, General Counsel & Secretary | N/A | N/A | N/A |
| Mr. Joseph Eliyahu Teichman Esq. | Executive Vice President | N/A | N/A | 1973 |
| Mr. Robert Michael Behringer CPA | Mngr of Behringer Harvard Opportunity Advisors Ii | N/A | N/A | 1948 |
Description
Lightstone Value Plus REIT V, Inc. (Lightstone REIT V, which may also be referred to as the Company, we, us, or our), was organized as a Maryland corporation on January 9, 2007 and has elected to be taxed, and currently qualifies, as a real estate investment trust (REIT) for U.S. federal income tax purposes. The Company was formed primarily to acquire and operate commercial real estate and real estate-related assets on an opportunistic and value-add basis. In particular, the Company has focused generally on acquiring commercial properties with significant possibilities for capital appreciation, such as those requiring development, redevelopment, or repositioning, those located in markets and submarkets with high growth potential, and those available from sellers who are distressed or face time-sensitive deadlines. The Company has acquired a wide variety of commercial properties, including office, industrial, retail, hospitality, multifamily and student housing. The Company has purchased existing, income-producing properties, and newly-constructed properties. The Company has also invested in other real estate-related investments such as mortgage and mezzanine loans. Substantially all of the Company's business is conducted through Lightstone REIT V OP LP, a limited partnership organized in Delaware (the Operating Partnership). As of December 31, 2023, the Company's wholly-owned subsidiary, BHO II, Inc., a Delaware corporation, owned a 0.1% partnership interest in the Operating Partnership as its sole general partner. As of December 31, 2023, the Company's wholly-owned subsidiary, BHO Business Trust II, a Maryland business trust, was the sole limited partner of the Operating Partnership and owned the remaining 99.9% interest in the Operating Partnership. All of the Company's current investments are located in the U.S. The Company currently intends to hold its various real properties until such time as its board of directors (the Board of Directors) determines that a sale or other disposition appears to be advantageous to achieve the Company's investment objectives or until it appears that the objectives will not be met. The Company currently has one operating segment. As of December 31, 2023, the Company had eight wholly owned multifamily properties containing an aggregate of 2,520 apartment units and one real estate-related investment, which is a senior mortgage loan (note receivable).
Corporate Governance
Lightstone Value Plus REIT V, Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.
