Lightstone Value Plus REIT V, Inc. 8-K

What Happened Lightstone Value Plus REIT V, Inc. announced on Dec. 30, 2025 that its board approved an issuer self‑tender offer to purchase up to 2,200,000 common shares at $14.08 per share (about $31.0 million). The Offer is expected to commence on or about Dec. 31, 2025 and, unless extended or withdrawn, expire at 12:00 Midnight Eastern Time on or about Feb. 13, 2026. The board also disclosed an estimated net asset value (NAV) of approximately $306.4 million, or $16.56 per share, as of Sept. 30, 2025 (determined Nov. 6, 2025); the $14.08 offer price equals 85% of that NAV.

Key Details

• Offer size and price: up to 2,200,000 shares at $14.08 per share (≈ $31.0 million total).
• NAV: estimated NAV $306.4M and NAV per share $16.56 (as of Sept. 30, 2025; effective Nov. 6, 2025).
• Timing: board approved Dec. 30, 2025; expected start on/around Dec. 31, 2025; expected expiration Feb. 13, 2026 (midnight ET).
• Redemption program suspended: the Seventh Amended & Restated Share Redemption Program (SRP) was suspended effective Dec. 30, 2025; while suspended the company will not accept or honor redemption requests.
• Process note: the Offer will be described in an offer to purchase, letter of transmittal and related materials to be filed with the SEC before commencement; this 8‑K is informational only.

Why It Matters The Offer provides a limited way for shareholders to sell shares in a company whose stock has no public trading market, and it does so at a price discounted to the company’s most recently published NAV (85% of $16.56). Suspending the SRP means holders cannot use the company’s regular redemption program while this Offer is open. Investors should review the formal offer documents (to be filed with the SEC) for full terms, how to tender shares, and any allocation rules if the Offer is oversubscribed.