UNITED
STATES
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): January12, 2011 (January 6,
2011)
Lightstone
Value Plus Real Estate Investment Trust II, Inc.
(Exact
Name of Registrant as Specified in Charter)
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Maryland
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000-54047
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83-0511223
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(State
or other jurisdiction of incorporation or organization)
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(Commission
File Number)
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(I.R.S.
Employer Identification No.)
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1985
Cedar Bridge Avenue, Suite 1
Lakewood,
New Jersey 08701
(Address,
including zip code, of Principal Executive Offices)
Registrant’s
telephone number, including area code: (732) 367-0129
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:
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
1
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Item1
.01
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Entry into Material Definitive
Agreements.
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On January 6, 2011, Lightstone Value Plus Real Estate
Investment Trust II, Inc.
(the “Company”), through LVP Metairie, LLC (“LVP Metairie”), a subsidiary of Lightstone Value Plus REIT II, LP,
the Company’s operating partnership, entered into an Assignment and Assumption
of Purchase and Sale
Agreement (the
“Assignment”) with Tony Sherman (the
“Assignor”), a third-party individual. Under the terms of the
Assignment, LVP Metairie was assigned to the rights and assumed the obligations
of the Assignor with respects to certain Purchase and Sale Agreement (the
“Purchase Agreement”), dated October 11, 2010, made between the Assignor as the
Purchaser and Citrus Suites, LLC as the Seller, as amended on November 23, 2010,
whereby the Assignor contracted to purchase a 125-suite limited service extended-stay
hotel located in Harahan, Louisiana (the “Hotel”) from the
Seller. As a result of the Assignment and the Purchase Agreement, the
Company contracted to acquire the Hotel for a total consideration of
approximately $12.0 million, excluding acquisition fees and expenses. The Hotel has immediate access to the New Orleans Airport,
and is currently operating under a
Marriott Franchise Agreement.
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Item
9.01
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Financial
Statements and Exhibits
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(a) and
(b) Financial
Statements and Pro Forma Financial Information.
The
financial statements that may be required by this item are not being filed
herewith. To the extent financial statements are required by this
item, such financial statements will be filed with the Securities and Exchange
Commission by amendment to this Form 8-K no later than 71 days after the date on which this Form 8-K is required to be
filed.
(c) Shell
Company.
Not
applicable.
(d) Exhibits.
None.
SIGNATURES
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.
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LIGHTSTONE
VALUE PLUS REAL
ESTATE
INVESTMENT TRUST II, INC.
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Date:
January 12, 2011
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By:
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/s/
Donna Brandin
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Donna
Brandin
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Chief
Financial Officer and Treasurer (Principal Financial and Accounting
Officer)
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