LVVR Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: April 29, 2024
Report Source: 2023 Annual Report
Lightstone Value Plus Reit III Inc. Stock Analysis LVVR
Lightstone Value Plus REIT Trust III, Inc. operates as a real estate investment trust. The company is headquartered in Lakewood, New Jersey. The company went IPO on 2021-01-06. The firm conducts its business through Lightstone Value Plus REIT III LP, a Delaware limited partnership (the Operating Partnership). Through the Operating Partnership, the Company owns, operates, and develops commercial properties and makes real estate-related investments. The company has primarily acquired, developed, and operated commercial hospitality properties, principally consisting of limited-service hotels and one full-service hotel, all located in the United States. Its primary objective is to achieve capital appreciation with a secondary objective of income without subjecting the principal to undue risk. The firm may invest up to 20% of its net assets in collateralized debt obligations, commercial mortgage-backed securities and mortgage and mezzanine loans secured, directly or indirectly, by the same types of properties which it may acquire directly. Its advisor is Lightstone Value Plus REIT III LLC.
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Key Statistics of Lightstone Value Plus Reit III Inc (LVVR)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$2.65Volume
7021.00P/E Ratio (TTM)
-52 Week Range
Market Cap
33.66MAvg. Volume
7021.00Dividend Yield
-Financial Metrics & Statements of Lightstone Value Plus Reit III Inc (LVVR)
FAQ's for Lightstone Value Plus Reit III Inc (LVVR)
- According to Musaffa’s Shariah screening methodology, Lightstone Value Plus Reit III Inc (LVVR) is currently classified as NOT HALAL as of April 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.