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Lightstone Value Plus REIT V discloses results of Everest tender offer

Everest REIT Investors I LLC received roughly 53,655 shares in response to its cash tender offer for Lightstone Value Plus Real Estate Investment Trust V Inc. common stock.

The investor had offered to purchase up to 1,200,000 shares of the company's common stock. Following the results of the offer, the purchaser owns roughly 1.0% of the REIT's outstanding shares.