Lightstone Value Plus Real Estate Investment Trust Inc.'s tender offer to buy up to 1.0 million shares of its common stock at $7.00 per share expired July 20.

Under the offer, a total of 184,509 shares were validly tendered and not withdrawn, and the company has accepted these shares for purchase for a total cost of roughly $1.3 million, excluding fees and expenses related to the offer. The shares represent about 0.75% of the diversified REIT's issued and outstanding shares as of June 30, according to a filing.

The company previously extended the expiration date of the tender offer to July 20 from July 13.