{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-24-002791","form_type":"8-K","ticker":"LTSV","cik":"0001619312","company_name":"Lightstone Value Plus REIT IV, Inc.","filed_at":"2024-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.279281+00:00","generated_at":"2026-06-03T06:29:45.209478+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Lightstone REIT IV subsidiary closes $95M mortgage loans on Brooklyn Moxy hotel, repays $85.8M existing debt","bullets":["75%-owned subsidiary, Williamsburg Moxy Joint Venture, entered $86M senior loan with Western Alliance Bank and $9M junior loan with G4.","Loans bear interest at SOFR plus 5.10% with an 8.75% floor; initial maturity April 19, 2027, with two 6-month extension options.","Proceeds of $85.8M used to repay existing mortgage on the 216-room Marriott Moxy hotel in Williamsburg, Brooklyn.","$3.2M of proceeds placed into reserves for interest, taxes, and insurance; $2.8M paid in loan fees and expenses.","Loan requires monthly interest-only payments; junior loan subordinate to senior loan; the registrant holds 75% of joint venture."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-24-002791","json":"https://secwatch.observer/filing/0001829126-24-002791.json","markdown":"https://secwatch.observer/filing/0001829126-24-002791.md","text":"https://secwatch.observer/filing/0001829126-24-002791.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1619312/000182912624002791/0001829126-24-002791-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1619312/000182912624002791/lightstonereit4_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T06:29:45.209478+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"12d798c7ddefdc2f6d8349e4fa4ee0ce82fe2677","claim":"Lightstone Value Plus REIT IV, Inc. incurred loan of $86.0 million senior mortgage loan facility with Western Alliance Bank and G4 18263, LLC at SOFR plus 5.10%, subject to a 8.75% floor maturing April 19, 2027.","evidence_excerpt":"a 75% majority owned subsidiary (the “Williamsburg Moxy Joint Venture”) of Lightstone Value Plus REIT IV, Inc. entered into an $86.0 million senior mortgage loan facility (the “Moxy Senior Loan”) with Western Alliance Bank and G4 18263, LLC (“G4”), both unrelated third parties","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1619312/000182912624002791/0001829126-24-002791-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$86.0 million senior mortgage loan facility"},{"label":"Counterparty","value":"Western Alliance Bank and G4 18263, LLC"},{"label":"Rate","value":"SOFR plus 5.10%, subject to a 8.75% floor"},{"label":"Maturity","value":"April 19, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"5634bcfa992a1a0308d17f78d1338c1ec348b4dc","claim":"Lightstone Value Plus REIT IV, Inc. incurred loan of $9.0 million junior mortgage loan facility with G4 18263, LLC at SOFR plus 5.10%, subject to a 8.75% floor maturing April 19, 2027.","evidence_excerpt":"a $9.0 million junior mortgage loan facility (the “Moxy Junior Loan” and together with the Moxy Senior Loan, the “Moxy Mortgage Loans”) with G4","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1619312/000182912624002791/0001829126-24-002791-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$9.0 million junior mortgage loan facility"},{"label":"Counterparty","value":"G4 18263, LLC"},{"label":"Rate","value":"SOFR plus 5.10%, subject to a 8.75% floor"},{"label":"Maturity","value":"April 19, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"0a1ec0976eb3266f6411a1833218a3e0bfa80d10","claim":"Lightstone Value Plus REIT IV, Inc. entered into Moxy Junior Loan with G4 18263, LLC valued at $9.0 million (effective 2024-04-19).","evidence_excerpt":"and a $9.0 million junior mortgage loan facility (the “Moxy Junior Loan” and together with the Moxy Senior Loan, the “Moxy Mortgage Loans”) with G4","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1619312/000182912624002791/0001829126-24-002791-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"G4 18263, LLC"},{"label":"Value","value":"$9.0 million"},{"label":"Effective","value":"2024-04-19"}],"fact_type":"material_agreement"},{"claim_id":"2c5896759ecf64fed83db3694cff6450e250ab45","claim":"Lightstone Value Plus REIT IV, Inc. entered into Moxy Senior Loan with Western Alliance Bank and G4 18263, LLC valued at $86.0 million (effective 2024-04-19).","evidence_excerpt":"On April 19, 2024, a 75% majority owned subsidiary (the “Williamsburg Moxy Joint Venture”) of Lightstone Value Plus REIT IV, Inc. entered into an $86.0 million senior mortgage loan facility (the “Moxy Senior Loan”) with Western Alliance Bank and G4 18263, LLC (“G4”), both unrelated third parties","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1619312/000182912624002791/0001829126-24-002791-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Western Alliance Bank and G4 18263, LLC"},{"label":"Value","value":"$86.0 million"},{"label":"Effective","value":"2024-04-19"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}