Lightstone REIT Shareholders Re-Elect Full Slate of Directors
Over 60% of eligible shares were represented in the vote, signaling continued investor engagement.
December 10, 2025
Lightstone Value Plus REIT I, Inc. Holds Annual Stockholder Meeting and Elects Board of Directors
On December 8, 2025, Lightstone Value Plus REIT I, Inc. brought shareholders together for its annual meeting, with one goal on the agenda: vote on the company’s board of directors. Turnout was strong. About 13 million shares were represented—roughly 61.6% of those entitled to vote.
The task at hand was straightforward: elect four directors to serve through the next annual meeting in 2026. Shareholders approved the full slate of nominees. That includes David Lichtenstein, who also serves as Chairman and CEO, along with independent directors George R. Whittemore, Howard E. Friedman, and Alan Retkinski.
Voting results showed consistent support across all nominees. Each director received more than 10.97 million votes in favor, with just under 2 million votes withheld in each case. There were no abstentions or broker non-votes, pointing to a clean outcome.
By electing all four nominees, shareholders reaffirmed their backing of the current leadership team. These directors will now continue to guide the company through the upcoming year—until the next annual meeting and until new successors are formally elected.
The company filed the report on December 9, 2025, signed by Chief Financial Officer and Principal Accounting Officer Seth Molod.
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