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Lightstone Value Plus Real Estate ate Investment Trust V ( (LVVP) ) has shared an announcement.
Lightstone Value Plus REIT V has entered into an agreement to acquire a 240-unit multifamily property in Rockledge, Florida, known as the Space Coast Apartments. This acquisition, facilitated through an assignment from LREP Acquisitions IX LLC, reinforces the company’s strategic focus on expanding its real estate holdings in high-demand locations, potentially enhancing its market positioning and offering value to its investors.
More about Lightstone Value Plus Real Estate ate Investment Trust V
Lightstone Value Plus Real Estate Investment Trust V operates in the real estate industry. The company focuses on investing in and managing a diversified portfolio of real estate properties, offering investment opportunities in multifamily, commercial, and other real estate sectors.
YTD Price Performance: -21.45%
Average Trading Volume: 20,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $111.8M
See more data about LVVP stock on TipRanks’ Stock Analysis page.