UNITED STATES SECURITIES AND EXCHANGE COMMISSION

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~February~~September 2715, 2025

LIGHTSTONE VALUE PLUS REIT V, INC.

(Exact Name of Registrant as Specified in Its Charter)

Maryland

000-53650

20-8198863

(State or other jurisdiction of
incorporation or organization)

(Commission File Number)

(I.R.S. Employer

Identification No.)

1985 Cedar Bridge Avenue, Suite 1
Lakewood, New Jersey 08701

(Address of principal executive offices) (Zip Code)

(~~Zip~~732) ~~Code~~367-0129 (Registrant’s telephone number, including area code)

(732) 367-0129

(Registrant’s telephone number, including area code)

None

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: None.

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2 5.0102 ~~Completion~~Departure of ~~Acquisition~~Directors or ~~Disposition~~Certain Officers; Election of ~~Assets~~Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(d) On ~~January 31~~September 15, 2025, the board of directors (the “Board”) of Lightstone Value Plus REIT V, Inc. (the “Company”) unanimously ~~and~~appointed ~~Independence~~Bruce ~~Realty~~J. ~~Operating~~Schanzer ~~Partnership,~~to LPthe Board, (to fill the ~~“Autumn~~vacancy ~~Breeze~~created ~~Apartments~~by ~~Buyer”), an~~the ~~unaffiliated~~resignation ~~third~~of ~~party,~~Jeffrey ~~entered~~F. ~~into~~Joseph ain ~~purchase~~December 2024. ~~and~~Mr. Schanzer ~~sale~~was ~~agreement~~also (appointed to the ~~“Autumn~~Audit, ~~Breeze~~Conflicts, ~~Apartments~~and ~~Agreement”)~~Nominating ~~pursuant to~~Committees ~~which~~of the ~~Company~~Board ~~would~~effective ~~dispose~~immediately. ofThe Board ahas ~~280-unit~~affirmatively ~~multifamily~~determined ~~property~~that ~~located~~Mr. inSchanzer ~~Noblesville,~~is ~~Indiana~~an ~~(the~~ “~~Autumn~~independent ~~Breeze Apartments~~director”~~) to~~ as defined in the ~~Autumn~~Company’s ~~Breeze~~charter (an ~~Apartments~~“Independent ~~Buyer~~Director”) ~~for~~and a“independent” ~~contractual~~under ~~sales~~the ~~price~~rules of ~~$59~~the NYSE.~~5 million.~~

OnIndependent ~~February 27~~Directors, ~~2025,~~including ~~the~~Mr. ~~Company~~Schanzer, ~~completed~~currently ~~the~~receive ~~disposition~~(i) ofan ~~the~~annual ~~Autumn~~retainer ~~Breeze~~fee ~~Apartments pursuant~~for tomembership ~~the~~on ~~terms of~~ the ~~Autumn~~Board ~~Breeze Apartments Agreement. In connection with the disposition~~ of ~~the~~$66,000, ~~Autumn~~which ~~Breeze~~is ~~Apartments,~~paid ~~its~~in ~~non-recourse~~four ~~mortgage~~equal ~~loan (the~~installments ~~“Autumn~~each ~~Breeze~~year, ~~Apartments Mortgage”~~(ii) of $~~28.9~~1,500 ~~million~~for ~~was~~each ~~defeased~~board ~~at a cost~~ of ~~$28.0~~directors ~~million.~~or ~~The~~permanent ~~Company’s~~committee ~~net~~meeting ~~proceeds~~attended, ~~from~~and ~~the disposition of the Autumn Breeze Apartments were~~ (iii) $~~29.9 million,~~750 ~~after~~for ~~the~~each ~~defeasance~~written ofconsent ~~the~~considered ~~Autumn~~by ~~Breeze~~the ~~Apartments~~Independent ~~Mortgage and related transaction costs and pro rations~~Director.

There are no arrangements or understandings between Mr. Schanzer and any other person pursuant to which he was appointed as a director. There are no transactions in which Mr. Schanzer has an interest that require disclosure under Item 404(a) of Regulation S-K.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	LIGHTSTONE VALUE PLUS REIT V, INC.
Dated: March 3, 2025	By:	/s/ Seth Molod
Dated: September 18, 2025	By:	/s/ Seth Molod
		Seth Molod
		Chief Financial Officer & Executive Vice President

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