Lightstone Value Plus Real Estate Investment Trust II, Inc. Announces Board Changes
August 17, 2021 at 02:39 am IST
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Effective August 10, 2021, the board of directors of Lightstone Value Plus Real Estate Investment Trust II, Inc. elected Yehuda “Judah” L. Angster to the Board to fill a vacancy created by the passing of Edwin J. Glickman in June 2021. Mr. Angster will serve as a member of the Board’s audit committee. As a non-employee director of the Company, Mr. Angster will receive annual cash compensation of $40,000. Mr. Angster is currently the Chief Executive Officer of CastleRock Equity Group in Florham Park, NJ. Mr. Angster has served as a member of the board of Lightstone Value Plus Real Estate Investment Trust, Inc. from June 2015 through August 2021. Before joining CastleRock Equity Group in June of 2015, Mr. Angster was the Vice President of Global Development for PCS Wireless, LLC in Florham Park NJ beginning in September 2012. Mr. Angster was the Internal Counsel for Empire Bank from June 2009 to September 2012.
Lightstone Value Plus REIT II, Inc. is a real estate investment trust (REIT). The Company is structured as an umbrella partnership REIT (UPREIT). The Company owns and operates commercial properties and makes real estate-related investments. The Company has primarily acquired and operated commercial hospitality properties, principally consisting of limited service hotels all located in the United States. Its commercial holdings may also consist of full-service hotels, and to a lesser extent, retail (primarily multi-tenanted shopping centers), industrial and office properties. It owns and operates approximately 10 limited service hotels containing a total of 1,352 rooms. Five of its consolidated limited service hotels are held through LVP Holdco JV LLC (the Hotel Joint Venture). The Company's advisor is Lightstone Value Plus REIT II LLC.
LIGHTSTONE VALUE PLUS REIT II, INC. 
