LTSV on OTC
Lightstone Value Plus REIT IV, Inc.
Moxy Hotel Joint Venture, which is accounted for as noncontrolling interests in our consolidated financial statements.4 From its latest annual report
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Last updated Oct 19, 2026.
Overview
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- TickerLTSV on OTC2
- IndustryReal Estate Investment Trusts2
- HeadquartersBaltimore, United States2
- Incorporated inMD3
- Business address1985 Cedar Bridge Avenue, Suite 1, Lakewood, Nj 087013
- Filer categoryNon-accelerated filer, Smaller reporting company3
- Legal formStock Corporation2
- LEI549300HPR8U354K5FL462
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressc/o CSC-Lawyers Incorporating Service Company, 7 St. Paul Street, Suite 820, 21202 Baltimore, United States2
- Registered withBusiness Services (Maryland Department of Assessments and Taxation), D160640992
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Moxy Hotel Joint Venture, which is accounted for as noncontrolling interests in our consolidated financial statements.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Room Revenue brought in 69% of the revenue Lightstone Value Plus REIT IV, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Room Revenue | $20.2M | $21.0M |
| Food Beverage And Other Revenue | $9.5M | $9.5M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs100¢$30.5M
Out of $30.5M in revenue.5 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Hotel revenues: | $30.5M | $29.7M |
| Hotel operating expenses | $19.7M | $21.4M |
| Real estate taxes | $243.0K | $136.0K |
| General and administrative costs | $2.0M | $1.9M |
| Depreciation and amortization | $3.8M | $3.7M |
| Casualty (gain)/loss, net | -$530.0K | $453.0K |
| Total expenses | $25.2M | $27.6M |
| Interest expense | -$10.3M | -$11.8M |
| Earnings from investment in unconsolidated affiliated real estate entity | $320.0K | -$387.0K |
| Interest and other income, net | $206.0K | $227.0K |
| Net loss | -$4.4M | -$9.9M |
| Less: net loss attributable to noncontrolling interests | $727.0K | $1.9M |
| Net loss attributable to Company's common shares | -$3.7M | -$8.0M |
| Net loss per Company's common shares, basic (in Dollars per share) | -$0.46 | -$0.97 |
| Net loss per Companys common shares, diluted (in Dollars per share) | -$0.46 | -$0.97 |
| Weighted average number of common shares outstanding, basic (in Shares) | 8.2M shares | 8.3M shares |
| Weighted average number of common shares outstanding, diluted (in Shares) | 8.2M shares | 8.3M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2015-01-31 |
|---|---|---|---|---|
| Land and improvements | $35.8M | $35.8M | ||
| Building and improvements | $84.0M | $82.7M | ||
| Furniture and fixtures | $10.8M | $10.4M | ||
| Construction in progress | $188.0K | $0 | ||
| Gross investment property | $130.9M | $129.0M | ||
| Less accumulated depreciation | -$10.4M | -$6.6M | ||
| Net investment property | $120.5M | $122.4M | ||
| Investment in unconsolidated affiliated real estate entity | $5.4M | $8.4M | ||
| Cash and cash equivalents | $9.0M | $8.1M | ||
| Restricted cash | $4.9M | $4.3M | ||
| Accounts receivable and other assets | $1.7M | $1.8M | ||
| Total Assets | $141.6M | $145.0M | ||
| Mortgages payable, net | $93.5M | $92.4M | ||
| Accounts payable, accrued expenses and other liabilities | $8.1M | $7.6M | ||
| Subordinated advances - related party | $14.4M | $14.2M | ||
| Total Liabilities | $116.0M | $114.2M | ||
| Commitments and Contingencies | $0 | $0 | ||
| Preferred stock, $0.01 par value; 50.0 million shares authorized, none issued and outstanding | $0 | $0 | ||
| Common stock, $0.01 par value; 200.0 million shares authorized, 8.1 million and 8.2 million shares issued and outstanding, respectively | $81.0K | $82.0K | ||
| Additional paid-in-capital | $68.0M | $68.8M | ||
| Accumulated deficit | -$50.7M | -$46.9M | ||
| Total Stockholders' Equity | $17.4M | $21.9M | ||
| Noncontrolling interests | $8.2M | $8.9M | ||
| Total Equity | $25.6M | $30.8M | $41.5M | |
| Total Liabilities and Equity | $141.6M | $145.0M | ||
| Preferred stock, par value (in Dollars per share) | $0.01 | $0.01 | ||
| Preferred stock, shares authorized (in Shares) | 50.0M shares | 50.0M shares | 50.0M shares | |
| Preferred stock, shares issued (in Shares) | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding (in Shares) | 0 shares | 0 shares | ||
| Common stock, par value (in Dollars per share) | $0.01 | $0.01 | ||
| Common stock, shares authorized (in Shares) | 200.0M shares | 200.0M shares | 200.0M shares | |
| Common stock, shares issued (in Shares) | 8.1M shares | 8.2M shares | ||
| Common stock, shares outstanding (in Shares) | 8.1M shares | 8.2M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2015-01-31 |
|---|---|---|---|---|
| Land and improvements | $35.8M | $35.8M | ||
| Building and improvements | $84.0M | $82.7M | ||
| Furniture and fixtures | $10.8M | $10.4M | ||
| Construction in progress | $188.0K | $0 | ||
| Gross investment property | $130.9M | $129.0M | ||
| Less accumulated depreciation | -$10.4M | -$6.6M | ||
| Net investment property | $120.5M | $122.4M | ||
| Investment in unconsolidated affiliated real estate entity | $5.4M | $8.4M | ||
| Cash and cash equivalents | $9.0M | $8.1M | ||
| Restricted cash | $4.9M | $4.3M | ||
| Accounts receivable and other assets | $1.7M | $1.8M | ||
| Total Assets | $141.6M | $145.0M | ||
| Mortgages payable, net | $93.5M | $92.4M | ||
| Accounts payable, accrued expenses and other liabilities | $8.1M | $7.6M | ||
| Subordinated advances - related party | $14.4M | $14.2M | ||
| Total Liabilities | $116.0M | $114.2M | ||
| Commitments and Contingencies | $0 | $0 | ||
| Preferred stock, $0.01 par value; 50.0 million shares authorized, none issued and outstanding | $0 | $0 | ||
| Common stock, $0.01 par value; 200.0 million shares authorized, 8.1 million and 8.2 million shares issued and outstanding, respectively | $81.0K | $82.0K | ||
| Additional paid-in-capital | $68.0M | $68.8M | ||
| Accumulated deficit | -$50.7M | -$46.9M | ||
| Total Stockholders' Equity | $17.4M | $21.9M | ||
| Noncontrolling interests | $8.2M | $8.9M | ||
| Total Equity | $25.6M | $30.8M | $41.5M | |
| Total Liabilities and Equity | $141.6M | $145.0M | ||
| Preferred stock, par value (in Dollars per share) | $0.01 | $0.01 | ||
| Preferred stock, shares authorized (in Shares) | 50.0M shares | 50.0M shares | 50.0M shares | |
| Preferred stock, shares issued (in Shares) | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding (in Shares) | 0 shares | 0 shares | ||
| Common stock, par value (in Dollars per share) | $0.01 | $0.01 | ||
| Common stock, shares authorized (in Shares) | 200.0M shares | 200.0M shares | 200.0M shares | |
| Common stock, shares issued (in Shares) | 8.1M shares | 8.2M shares | ||
| Common stock, shares outstanding (in Shares) | 8.1M shares | 8.2M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$4.4M | -$9.9M |
| Earnings from investment in unconsolidated affiliated real estate entity | -$320.0K | $387.0K |
| Depreciation and amortization | $3.8M | $3.7M |
| Amortization of deferred financing costs | $1.1M | $1.0M |
| Casualty (gain)/loss, net | -$1.0M | $300.0K |
| Settlement of unpaid interest previously accrued as mortgage payable | $0 | -$4.5M |
| (Increase)/decrease in accounts receivable other assets | -$398.0K | $87.0K |
| Increase in accounts payable, accrued expenses and other liabilities | $252.0K | $1.0M |
| Increase in accrued interest on subordinated advances - related party | $187.0K | $187.0K |
| Net cash used in operating activities | -$850.0K | -$7.7M |
| Purchase of investment property | -$1.6M | -$3.0M |
| Distributions from unconsolidated affiliated real estate entities | $3.4M | $1.2M |
| Proceeds from property insurance | $1.5M | $0 |
| Investment in unconsolidated affiliated real estate entity | -$133.0K | -$242.0K |
| Net cash provided by/(used in) investing activities | $3.1M | -$2.0M |
| Proceeds from mortgage financing | $0 | $95.1M |
| Payments on mortgage payable | $0 | -$77.0M |
| Payment of loan fees and expenses | $0 | -$3.0M |
| Contributions of noncontrolling interests | $0 | $122.0K |
| Redemption and cancellation of common stock | -$781.0K | -$813.0K |
| Net cash (used in)/provided by financing activities | -$781.0K | $14.4M |
| Change in cash, cash equivalents and restricted cash | $1.5M | $4.7M |
| Cash paid for taxes | $39.0K | $26.0K |
| Cash paid for interest | $9.0M | $16.5M |
| Accrued loan exit fee | $0 | $475.0K |
| Accrued insurance recovery of casualty loss | $0 | $500.0K |
No quarter-by-quarter statement was filed.
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Leadership
Who has led Lightstone Value Plus REIT IV, Inc., and when. Pick a name to see everywhere that person has worked.
President
Chief financial officer
Chief operating officer
20202025
- PresidentMitchell C. Hochberg Apr 21, 2017 to Apr 21, 201713
- Chief financial officerDonna Brandin Apr 21, 2017 to Apr 21, 201714
- Chief operating officerMitchell C. Hochberg Apr 21, 2017 to Apr 21, 201713
Board members and other officers (4)
- Board memberMichael J. Demarco Aug 19, 2021 to Aug 19, 202115
- Board memberEdwin J. Glickman Apr 21, 2017 to Apr 21, 201716
- Board memberSteven Spinola Apr 21, 2017 to Apr 21, 201717
- General counselJoseph E. Teichman Apr 21, 2017 to Apr 21, 201718
Former names
- Lightstone Real Estate Income Trust Inc.Sep 12, 2014 to Aug 19, 20213
Timeline
- Sep 9, 2014Founded Lightstone Value Plus REIT IV, Inc. is founded2
Filings
37 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 7 major events, 10 other. The latest 20:
- Oct 1, 2026ARS EDGAR
- Oct 1, 2026DEF 14A EDGAR
- Aug 12, 202610-Q EDGAR
- May 13, 202610-Q EDGAR
- Mar 30, 202610-K EDGAR
- Dec 9, 20258-K EDGAR
- Nov 14, 202510-Q EDGAR
- Oct 2, 2025ARS EDGAR
- Oct 2, 2025DEF 14A EDGAR
- Aug 12, 202510-Q EDGAR
- May 13, 202510-Q EDGAR
- Mar 26, 202510-K EDGAR
- Dec 12, 20248-K EDGAR
- Nov 14, 202410-Q EDGAR
- Oct 10, 2024ARS EDGAR
- Oct 10, 2024DEF 14A EDGAR
- Aug 14, 202410-Q EDGAR
- May 15, 202410-Q EDGAR
- Apr 26, 20248-K EDGAR
- Mar 26, 202410-K EDGAR
The 37 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
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- 13SEC EDGARMitchell C. Hochberg, President
- 14
- 15SEC EDGARMichael J. Demarco, Board member
- 16SEC EDGAREdwin J. Glickman, Board member
- 17SEC EDGARSteven Spinola, Board member
- 18SEC EDGARJoseph E. Teichman, General counsel