Lightstone Value Plus REIT V, Inc. Elects Board at 2026 Annual Meeting

What Happened

• Lightstone Value Plus REIT V, Inc. filed an 8-K reporting that its 2026 annual meeting, originally convened on August 13, 2026 and adjourned for lack of a quorum, was reconvened on September 10, 2026. At the reconvened meeting, 5,684,411 shares (35.2% of shares entitled to vote) were represented in person or by proxy, forming a quorum. The sole matter voted was the election of eight directors; all eight nominees were elected to serve until the next annual meeting and until their successors are duly elected and qualified.

Key Details

• Record date shares outstanding: 16,146,920 shares of common stock.
• Shares represented at reconvened meeting: 5,684,411 (35.2% of shares entitled to vote).
• Director vote totals (For / Withheld):
  • Andreas K. Bremer: 5,223,403 / 461,008
  • Diane S. Detering-Paddison: 5,216,610 / 467,801
  • Mitchell C. Hochberg: 5,224,762 / 459,649
  • David Lichtenstein: 5,228,983 / 455,428
  • Jeffrey P. Mayer: 5,211,599 / 472,812
  • Cynthia Pharr Lee: 5,208,880 / 475,531
  • Bruce J. Schanzer: 5,278,288 / 406,123
  • Steven Spinola: 5,236,326 / 448,085
• No broker non-votes were reported; all eight nominees were elected.

Why It Matters

• The company now has a duly elected board for the coming year, which is important for corporate governance and any strategic or operational decisions the board may oversee. The voting tallies show the level of shareholder support for each director and confirm that the company achieved the necessary quorum after the adjournment. Investors should note there were no other matters voted at the meeting.