Lightstone Value Plus REIT IV Inc is a Maryland corporation that elected to qualify as a real estate investment trust for United States federal income tax purposes beginning with the taxable year ended December 31 2016 The company’s primary activity is to seek opportunities to invest in real estate and real estate related investments including operating properties development projects mezzanine loans mortgage loans bridge loans preferred equity interests and debt and…
Lightstone Value Plus REIT IV Inc is a Maryland corporation that elected to qualify as a real estate investment trust for United States federal income tax purposes beginning with the taxable year ended December 31 2016 The company’s primary activity is to seek opportunities to invest in real estate and real estate related investments including operating properties development projects mezzanine loans mortgage loans bridge loans preferred equity interests and debt and derivative securities tied to real estate assets With a focus on development related investments Lightstone REIT IV aims to generate attractive cash flow for distributions while also considering capital appreciation opportunities The company has no employees and relies on its advisor Lightstone Real Estate Income LLC and affiliates of its sponsor The Lightstone Group LLC to perform asset management property acquisition disposition financing and administrative functions
Lightstone REIT IV generates revenue chiefly from the operation of its hotel asset and from the sale of residential condominium units The Williamsburg Moxy Hotel a 216 room Marriott branded property located in the Williamsburg neighborhood of Brooklyn New York City produces room revenue food and beverage income and other ancillary hotel services The 40 East End Avenue Joint Venture developed a luxury residential condominium project at the corner of 81st Street and East End Avenue on the Upper East Side of Manhattan Through December 31 2025 twenty seven of the twenty nine units were sold and one of the remaining two units was sold in February 2026 providing proceeds from residential sales In addition the company may earn interest income from mezzanine mortgage bridge loans and preferred equity interests that it holds as part of its investment portfolio
The company operates through the following segments:
• Real Estate Investment Activities: This segment encompasses the company’s investments in operating properties and development projects as well as its real estate related investments such as mezzanine loans mortgage loans bridge loans preferred equity interests and debt and derivative securities tied to real estate assets The segment focuses on development related investments intended to finance development or redevelopment opportunities and seeks to create a portfolio that generates attractive cash flow for distributions while also considering potential capital appreciation Lightstone REIT IV’s current holdings include a majority interest in the Williamsburg Moxy Hotel Joint Venture and an unconsolidated interest in the 40 East End Avenue Joint Venture both located in New York City.
Within the competitive landscape of hotel and commercial real estate Lightstone REIT IV faces rivalry from other hotels rental properties and various real estate investors The company competes on the basis of location rental rates security property design suitability and operational effectiveness It also contends with other real estate investment entities such as REITs specialty finance companies banks mortgage bankers insurance companies mutual funds institutional investors and investment banking firms Many of these competitors possess greater marketing and financial resources which may allow them to accept higher levels of risk Lightstone REIT IV seeks to differentiate itself through its sponsorship relationship with The Lightstone Group LLC its focus on development related investments and its ability to source opportunities through affiliated real estate programs
The company’s customer base consists primarily of hotel guests who seek short term lodging for business or leisure purposes and residential buyers who purchase condominium units for personal occupancy or investment The Williamsburg Moxy Hotel serves travelers visiting New York City including tourists business professionals and event attendees The 40 East End Avenue condominium project attracted individual purchasers looking for luxury residential units in the Upper East Side of Manhattan Lightstone REIT IV does not disclose specific customer names but its revenue is derived from these broad groups of transient hotel guests and residential homebuyers
Sectors:Real Estate · Financial ServicesSector rationaleThe company is a REIT that generates its primary revenue from owning and operating a hotel asset (Williamsburg Moxy Hotel) and developing and selling residential condominium units. A secondary sector of Financial Services is justified because the company explicitly operates a substantial business line involving the provision of mezzanine loans, mortgage loans, bridge loans, and preferred equity interests.Industries:Hotel REITsReal EstatePrimaryThe company is a REIT that generates revenue chiefly from the operation of the Williamsburg Moxy Hotel, a 216-room Marriott branded property. Its revenue streams include room revenue, food and beverage income, and ancillary hotel services.Real Estate DevelopmentReal EstateSecondaryThe company engages in real estate development, specifically through the 40 East End Avenue Joint Venture, where it developed and sold luxury residential condominium units.Mortgage LendingFinancial ServicesSecondaryThe company invests in and earns interest income from mortgage loans, bridge loans, and mezzanine loans as part of its real estate related investment portfolio.Classified using BQ-MICSCIK: 0001619312