On December 11, 2017, the board of directors determined and approved an estimated NAV of approximately $296.9 million and resulting estimated NAV per Share of $11.69, after allocations of value to special general partner interests, or SLP Units, in the Operating Partnership, held by Lightstone SLP, LLC, an affiliate of the REIT’s Advisor, assuming a…

The board of directors of Lightstone Value Plus Real Estate Investment Trust V Inc., (formerly Behringer Harvard Opportunity REIT II, Inc.) a publicly registered non-traded REIT, determined and approved an estimated net asset value per share of $7.98 for the company’s common stock, as of September 30, 2017.

Lightstone REIT and Lightstone Value Plus REIT III Terminate Distribution Reinvestment Programs April 28, 2017 | by James Sprow | Blue Vault On April 21, 2017, the board of directors of Lightstone Real Estate Investment Trust Inc. terminated the Company’s distribution reinvestment program (“DRIP”) effective May 15, 2017. Previously, the Company’s stockholders had an option to…

Lightstone Real Estate Income Trust Agrees to Acquire 33.3% JV in NYC Project April 10, 2017 | by James Sprow | Blue Vault On March 31, 2017, Lightstone Real Estate Income Trust, Inc. entered into a joint venture agreement with an entity majority-owned and controlled by David Lichtenstein, who also majority owns and controls the…

Lightstone Value Plus REIT III Terminates Offering April 6, 2017 | by James Sprow | Blue Vault On March 31, 2017, the Company’s board of directors, on the advice of the Company’s advisor, authorized the termination of the Company’s initial public offering effective March 31, 2017. The Company will allow subscriptions in process on March…

Lightstone Value Plus REIT III Acquires Joint Venture in Tiburon, California Apartments February 7, 2017 | James Sprow | Blue Vault Lightstone Value Plus REIT III Inc., Lightstone Real Estate Income Trust Inc. and Maximus Cove Investor LLC signed a joint venture agreement to acquire RP Cove LLC's stake in The Cove at Tiburon, Calif., for…