---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-23-008138"
form_type: "8-K"
ticker: null
cik: "0001387061"
company_name: "Lightstone Value Plus REIT V, Inc."
filed_at: "2023-12-20T23:59:59+00:00"
generated_at: "2026-06-07T09:45:31.941377+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Lightstone Value Plus REIT V acquires Camellia Apartments for ~$53.3M

## Summary
- Acquired 210-unit multifamily property in St. Augustine, FL for approx $53.3M, excluding closing costs.
- Financed with $33.9M non-recourse mortgage at 6.05%, maturing Jan 1, 2030.
- Remaining $19.4M funded from escrow proceeds of prior Flats at Fishers sale.
- Advisor received $1.1M in acquisition, expense reimbursement, and debt financing fees.
- Loan is collateralized by the Camellia Apartments.

## SEC filing metadata
- accession: 0001829126-23-008138
- form_type: 8-K
- cik: 0001387061
- company_name: Lightstone Value Plus REIT V, Inc.
- filed_at: 2023-12-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1387061/000182912623008138/0001829126-23-008138-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1387061/000182912623008138/lightstonevalue5_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-23-008138
- JSON: https://secwatch.observer/filing/0001829126-23-008138.json
- Plain text: https://secwatch.observer/filing/0001829126-23-008138.txt

## Key facts
- M&A Transactions
  Lightstone Value Plus REIT V, Inc. completed an acquisition involving WCC Palma Vista, LLC for approximately $53.3 million, excluding closing and other acquisition related costs (closed 2023-12-19).
  - Action: acquisition
  - Counterparty: WCC Palma Vista, LLC
  - Consideration: approximately $53.3 million, excluding closing and other acquisition related costs
  - Closing: 2023-12-19
  source text: On December 19, 2023, the Company, through LVP Camellia, completed the acquisition of the Camellia Apartments from the Seller, an unrelated third party, for approximately $53.3 million, excluding closing and other acquisition related costs.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1387061/000182912623008138/0001829126-23-008138-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.