---
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"
generated_at: "2026-06-03T06:29:45.209478+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Lightstone REIT IV subsidiary closes $95M mortgage loans on Brooklyn Moxy hotel, repays $85.8M existing debt

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-24-002791
- JSON: https://secwatch.observer/filing/0001829126-24-002791.json
- Plain text: https://secwatch.observer/filing/0001829126-24-002791.txt

## Key facts
- Debt Financings
  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.
  - Instrument: loan
  - Principal: $86.0 million senior mortgage loan facility
  - Counterparty: Western Alliance Bank and G4 18263, LLC
  - Rate: SOFR plus 5.10%, subject to a 8.75% floor
  - Maturity: April 19, 2027
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1619312/000182912624002791/0001829126-24-002791-index.htm
- Debt Financings
  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.
  - Instrument: loan
  - Principal: $9.0 million junior mortgage loan facility
  - Counterparty: G4 18263, LLC
  - Rate: SOFR plus 5.10%, subject to a 8.75% floor
  - Maturity: April 19, 2027
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1619312/000182912624002791/0001829126-24-002791-index.htm
- Material Agreements
  Lightstone Value Plus REIT IV, Inc. entered into Moxy Junior Loan with G4 18263, LLC valued at $9.0 million (effective 2024-04-19).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: G4 18263, LLC
  - Value: $9.0 million
  - Effective: 2024-04-19
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1619312/000182912624002791/0001829126-24-002791-index.htm
- Material Agreements
  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).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Western Alliance Bank and G4 18263, LLC
  - Value: $86.0 million
  - Effective: 2024-04-19
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1619312/000182912624002791/0001829126-24-002791-index.htm

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