Lightstone Value Plus REIT V turns to Q1 loss of $2.58 million; revenue falls 7.71% to $12.56 million
LIGHTSTONE VAL PLS REL EST INVT V LVVP | 0.00 |
- Lightstone Value Plus REIT V swung to a net loss of USD 2.58 million, or USD 0.15 per share, from net income of USD 15 million a year earlier.
- Rental revenues fell 7.71% to USD 12.56 million, while interest expense, net rose 6.03% to USD 4.59 million.
- Cash and cash equivalents increased to USD 66.99 million from USD 58.04 million at year-end, while notes payable, net climbed to USD 350.71 million from USD 310.47 million.
- Issuer self-tender completed March 5, buying 2,200,000 common shares for USD 31.06 million at USD 14.08 per share; board reinstated share redemption program March 26 with up to USD 2 million allocated for each of second, third, and fourth quarters of 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lightstone Value Plus Reit V Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001185185-26-001870), on May 15, 2026, and is solely responsible for the information contained therein.
