Lightstone Value Plus REIT IV, Inc. reported its financial results for the second quarter of 2025, revealing a net income of $114,000 for the three months ended June 30, 2025, compared to a net loss of $1.9 million in the same period of the previous year. For the first half of 2025, the company recorded a net loss of $3.6 million, an improvement from a loss of $6.8 million in the first half of 2024. Total hotel revenues increased to $8.6 million for the second quarter, up from $8.3 million year-over-year, driven by a rise in food, beverage, and other revenues, which reached $3 million, compared to $2.7 million in the prior year.
The company’s total assets decreased to $141.7 million as of June 30, 2025, from $145.0 million at the end of 2024. This decline was primarily attributed to a reduction in the investment in unconsolidated affiliated real estate entities, which fell to $5.5 million from $8.4 million. Lightstone's total liabilities increased slightly to $114.9 million, up from $114.2 million at the end of 2024, with mortgages payable rising to $93.0 million from $92.4 million. Stockholders' equity also decreased to $26.8 million from $30.8 million, reflecting an accumulated deficit that grew to $49.8 million.
Operationally, the Williamsburg Moxy Hotel, which the company majority owns through a joint venture, reported a revenue per available room (RevPAR) of $287.92 for the second quarter, a slight increase from $285.74 in the same quarter of 2024. The hotel maintained a high occupancy rate of 94%. The company noted that its hotel operating expenses decreased to $5.1 million from $5.7 million, primarily due to improved cost control measures in food and beverage operations.
Looking ahead, Lightstone Value Plus REIT IV expressed optimism about its financial outlook, citing expected cash flows from the Williamsburg Moxy Hotel and potential distributions from the sale of remaining condominium units in the 40 East End Ave. Joint Venture. The company indicated that it believes its available cash and future cash flows will be sufficient to meet its expected cash requirements for at least the next 12 months. However, it acknowledged that its performance could be impacted by broader economic conditions, including inflation and interest rate fluctuations.
About Lightstone Value Plus REIT IV, Inc.
About 10-Q Filings
A 10-Q form is an important financial report that public companies in the United States must submit every three months. It gives a clear picture of a company's financial health and recent performance.
Key points about the 10-Q:
- Frequency: Companies file it three times a year, covering the first three quarters. The fourth quarter is covered in a more comprehensive annual report.
-
Content: It includes:
- Financial statements showing the company's current financial position
- Updates from management on the performance and projections of the business
- Information about potential risks the company faces
- Details on how the company is run internally
- Deadline: Must be filed within 40 or 45 days after the quarter ends, depending on the size of the company.
Our Methodology
AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.
Our method:
- Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
- AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
- Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
- Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
- Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Feedback & Corrections
Spot an error or have a suggestion? Contact us.