Vehicle file · Non-traded REIT

Lightstone Value Plus REIT I, Inc.

What its SEC filings show.

SEC CIK 1296884·Inc. MD·Fiscal year end 12/31·Data as filed · pulled Oct 12, 2026

What this file is.Not a review. Every figure below is the issuer's own number as tagged in its filings to the SEC, unadjusted, with a link to the filing it came from. When a new filing lands, the table updates; when a filing changes something for the people who hold this vehicle, we write it up and link it under Our reads.

Lightstone Value Plus REIT I, Inc. is a non-traded REIT registered with the SEC under CIK 1296884 (incorporated in MD). Its most recent filing is an ARS dated Oct 1, 2026. As of Jun 30, 2026 it reported total assets of $388.3M (down 6.7% from $416.4M a year earlier) and stockholders' equity of $156.8M. Net income (loss) for the six months to Jun 30, 2026 was $2.6M. It paid $4.6M in distributions in the quarter to Oct 15, 2014; spent $5.0M repurchasing shares in the year to Dec 31, 2016. Reported NAV per share: $11.66 as of Dec 31, 2025.

What the figures say together

Our arithmetic on the issuer's own figures, only pairing numbers from the same period or date, and ranked against the 71 other vehicles of this type we track.

Liabilities were 60% of total assets at Jun 30, 2026. It ranks 22nd of the 51 vehicles of this type that report the same figures (1st = least leveraged).
The management fee ran at about 1.28% a year of stockholders' equity ($989K in the six months to Jun 30, 2026, annualised; our arithmetic). It ranks 6th of the 16 vehicles of this type that report the same figures (1st = lowest fee).
NAV per share moved up 5.2% in a year, from $11.08 to $11.66 (before distributions).

Key figures, as filed.

Balance sheet

Figure	Latest	Period	A year earlier	Change	Source
Total assets	$388.3M	as of Jun 30, 2026	$416.4M	−6.7%	10-Q · Aug 12, 2026
Real estate, net	$243.5M	as of Jun 30, 2026	$249.8M	−2.5%	10-Q · Aug 12, 2026
Cash and equivalents	$57.2M	as of Jun 30, 2026	$27.9M	+104.7%	10-Q · Aug 12, 2026
Total liabilities	$231.5M	as of Jun 30, 2026	$261.3M	−11.4%	10-Q · Aug 12, 2026
Long-term debt	$220.9M	as of Jun 30, 2026	$204.5M	+8.0%	10-Q · Aug 12, 2026
Stockholders' equity	$156.8M	as of Jun 30, 2026	$155.0M	+1.2%	10-Q · Aug 12, 2026
Shares outstanding	20.8M shares	as of Jun 30, 2026	21.1M shares	−1.4%	10-Q · Aug 12, 2026
Shares outstanding (cover page)	20.7M shares	as of Aug 7, 2026	21.0M shares	−1.4%	10-Q · Aug 12, 2026

Results and cash flow

Figure	Latest	Period	A year earlier	Change	Source
Revenues	$30.1M	six months to Jun 30, 2026	$29.6M	+1.5%	10-Q · Aug 12, 2026
Net income (loss)	$2.6M	six months to Jun 30, 2026	−$10.1M	+126.0%	10-Q · Aug 12, 2026
Cash from operations	$998K	six months to Jun 30, 2026	−$3.3M	+130.2%	10-Q · Aug 12, 2026
Management fees	$989K	six months to Jun 30, 2026	$975K	+1.4%	10-Q · Aug 12, 2026
Depreciation and amortization	$3.6M	six months to Jun 30, 2026	$3.5M	+1.9%	10-Q · Aug 12, 2026

Capital raised, distributions and repurchases

Figure	Latest	Period	A year earlier	Change	Source
Shares repurchased	158,222 shares	six months to Jun 30, 2026	160,641 shares	−1.5%	10-Q · Aug 12, 2026

Flows (revenues, income, cash, distributions, repurchases) are shown for the period the issuer reported them in, which may be a quarter, a year-to-date span or a full year; “a year earlier” compares only periods of the same length. A vehicle that does not tag a figure in XBRL will not show it here even if the PDF discloses it.

If you have real money in this, do not decide it alone.

We can tell you what the filings say. What we cannot tell you is what it means for your particular position, your tax situation and the rest of your portfolio, and anyone who does that from a web page without knowing your circumstances is guessing. With money in a non-traded REIT you cannot sell at will, reading its filings to decide whether to hold, redeem or tender, that is the part that actually matters.

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Filing timeline.

The last 25 documents this issuer filed with the SEC. Marked rows are the ones that tend to matter to holders.

Oct 1, 2026ARS · FORM ARSEDGAR ↗
Oct 1, 2026DEF 14A · Proxy statementEDGAR ↗
Aug 12, 202610-Q · Quarterly reportEDGAR ↗
May 13, 202610-Q · Quarterly reportEDGAR ↗
Mar 30, 202610-K · Annual reportEDGAR ↗
Dec 9, 20258-K · Current reportItems 5.07EDGAR ↗
Nov 14, 202510-Q · Quarterly reportEDGAR ↗
Oct 2, 2025ARS · FORM ARSEDGAR ↗
Oct 1, 2025DEF 14A · Proxy statementEDGAR ↗
Aug 14, 202510-Q · Quarterly reportEDGAR ↗
Jul 24, 20258-K · Current reportItems 2.01EDGAR ↗
May 14, 202510-Q · Quarterly reportEDGAR ↗
Mar 31, 202510-K · Annual reportEDGAR ↗
Dec 12, 20248-K · Current reportItems 5.07EDGAR ↗
Nov 14, 202410-Q · Quarterly reportEDGAR ↗
Oct 10, 2024ARS · FilingEDGAR ↗
Oct 10, 2024DEF 14A · Proxy statementEDGAR ↗
Aug 14, 202410-Q · Quarterly reportEDGAR ↗
May 15, 202410-Q · Quarterly reportEDGAR ↗
Apr 1, 202410-K · Annual reportEDGAR ↗
Dec 15, 20238-K · Current reportItems 8.01EDGAR ↗
Dec 4, 20238-K · Current reportItems 1.01,2.03EDGAR ↗
Nov 14, 202310-Q · Quarterly reportEDGAR ↗
Oct 16, 2023DEF 14A · Proxy statementEDGAR ↗
Aug 14, 202310-Q · Quarterly reportEDGAR ↗

Our reads on Lightstone Value Plus REIT I, Inc..

01Lightstone REITs 2026: NAV, Redemptions and Debt Due for Value Plus REIT I, II, III, IV and VSep 21, 2026

Source: SEC EDGAR, XBRL company facts and filing index for CIK 1296884, retrieved Oct 12, 2026. Figures are reproduced as tagged by the issuer; errors in the source carry through, which is why every row links to the filing. Nothing here is investment advice.

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Lightstone Value Plus REIT I, Inc.

What the figures say together

Key figures, as filed.

Filing timeline.

Our reads on Lightstone Value Plus REIT I, Inc..

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