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MARKETS / BALCAO / LTSV
BALCAO · REAL ESTATE INVESTMENT TRUSTS · SMALL CAP

Lightstone Value Plus Reit IV, Inc. LTSV

11 fiscal years on record · USD · FY2025 reported · SEC filings only
$30.5M
▲ 2.8% YoY
$-3.7M
$-2.5M
In brief

What this company does

We have and currently expect to continue to seek opportunities to invest in real estate and real estate-related investments. As of December 31, 2025, we majority owned and consolidated the operating results of Bedford Avenue Holdings LLC (the “Williamsburg Moxy Hotel Joint Venture”), a joint venture in which we have a 75% membership interest, and held an unconsolidated approximate 33.3% membership interest in 40 East End Ave. Pref Member LLC (the “40 East End Ave. Joint Venture”). The Williamsburg Moxy Hotel Joint Venture owns a 216-room Marriott branded hotel (the “Williamsburg Moxy Hotel”) located in the Williamsburg neighborhood of Brooklyn in New York City, which it developed, constructed and opened on March 7, 2023. Our advisor is Lightstone Real Estate Income LLC, a Delaware limited liability company (the “Advisor”). We have no employees.

Written from the business description in Lightstone Value Plus REIT IV, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 30 March 2026. Every sentence was checked against that document before publication.

Growth
USD 30.5M
Revenue, FY2025 · full 11-year series below
Revenue $M Net income $M
FY2025 · Revenue 30.5 · Net income -3.7
20M-4M-8M201520172019202120232025
Compound annual growth
+0.0%
+4.8%
−14.3%
+20.0%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−15 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Net -14.6%
20%40%60%-20%-40%-60%201520172019202120232025
ROE
FY2025 · ROE -18.9%
5%-10%-20%-30%201520172019202120232025

Each USD of equity lost 19 cents this year.

Cash & shareholders
USD 781,000.00
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -2.5
-20M-40M201520172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 0.8
4M8M-20M-40MDividendsNet buybacks201520172019202120232025

USD 781,000.00 in buybacks went back to shareholders in a year without profit.

Total assetsUSD 141.6M
EquityUSD 17.4M
CashUSD 9.0M

Equity funds 12% of total assets.

The 11-year record
11 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018201720162015
Revenue $B0.00.00.0·····0.0··
Operating income $B···−0.0−0.00.0−0.00.00.00.0·
EBITDA $B···········
Income tax $B···········
Net income $B−0.0−0.0−0.0−0.0−0.00.0−0.0−0.00.00.0−0.0
Free cash flow $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0····
EPS, diluted $−0.46−0.97−1.33−0.31·0.56−0.41−0.020.050.53−0.45
Dividend / sh $····0.800.800.470.80···
Payout %····−38924−153−3723142991−111
ROE %−18.9−30.4−30.1−5.1−2.79.7−6.6−0.30.75.5−2.8
Shares out B0.010.010.010.010.010.010.010.010.010.010.00

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 32 reconciliationsAUDITED

Reconciled in 11 of 19 fiscal years. 25 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityReal Estate Investment Trusts
Listed onOTC market
Incorporated inMaryland
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2015

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