Lightstone Value Plus REIT IV, Inc.

Lightstone Value Plus REIT IV, Inc. is a Maryland corporation formed on September 9, 2014, that operates as a real estate investment trust (REIT) for U.S. federal income tax purposes, effective December 31, 2016. The company invests in real estate and real estate-related assets. Its real estate investments include operating properties and development projects. Real estate-related investments may consist of mezzanine loans, mortgage loans, bridge loans, and preferred equity interests, with a focus on development-related investments. The company may also invest in debt and derivative securities related to real estate assets. A portion of these investments may be secured by or related to properties or entities advised by, or wholly or partially owned by, The Lightstone Group, LLC, its affiliates, and/or other real estate investment programs it sponsors. The company operates with one operating segment. As of December 31, 2025, Lightstone REIT IV majority owned and consolidated the operating results of Bedford Avenue Holdings LLC (the "Williamsburg Moxy Hotel Joint Venture"), holding a 75% membership interest. It also held an unconsolidated approximate 33.3% membership interest in 40 East End Ave. Pref Member LLC (the "40 East End Ave. Joint Venture").