Exhibit (a)(1)

1985 Cedar Bridge Avenue, Suite 1

Lakewood, New Jersey 08701

Lightstronegroup.com

April 24, 2024

Dear Stockholder,

West 4 Capital LP and certain of its affiliates (“West 4”) have commenced an unsolicited offer (the “West 4 Offer”) to purchase up to 700,000 shares of common stock (the “Shares”) of Lightstone Value Plus REIT II, Inc. (the “Company”) at a price equal to $5.37 per Share in cash. The West 4 Offer expires on June 12, 2024, unless extended. Please note that West 4 is not affiliated with the Company or its advisor. After carefully evaluating the West 4 Offer and consulting with our management and legal advisor, the Board of Directors of the Company (the “Board”) recommends that you reject the Everest Offer and not tender your shares.

As more fully set forth in the enclosed Schedule 14D-9, we believe that the West 4 Offer is not in the best interests of our stockholders because, among other reasons, the Board believes that the offer price is less than the current and potential long-term value of the shares. On March 18, 2024, the Board approved an estimated net asset value per Share (the “NAV per Share”) of the Common Stock of $9.84.¹ The NAV per Share of $9.84 is $4.47 per share (45%) higher than the West 4 Offer.

Given the West 4 Offer price, the Board believes that you should view West 4 as an opportunistic purchaser that is attempting to acquire your shares at a deeply discounted price in order to profit at your expense.

In order to deter West 4 and other potential future bidders that may try to exploit the illiquidity of the Shares and acquire them from stockholders at prices substantially below their most recently published estimated NAV per Share, the Board has authorized a self-tender offer (the “Self-Tender Offer”) for up to 700,000 Shares at a price of $6.00 per Share, which is $0.63 per share (12%) higher than the West 4 Offer. Although the Board has approved the Self-Tender Offer, it recommends that you reject the Self-Tender Offer and not tender your shares.

You should carefully read the enclosed Offer to Purchase and Letter of Transmittal for the Self-Tender Offer, each of which have been filed as exhibits to a Schedule TO filed with the Securities and Exchange Commission, before making your decision with regard to the Self-Tender Offer.

As required by SEC rules, the SRP was suspended in connection with the Self-Tender Offer. While the SRP is suspended, the Company will not accept any requests for redemption and any new requests and all pending requests will not be honored or retained, but will be returned to the requestor.

The Board notes that each stockholder must evaluate whether to tender his or her shares only after a review of the West 4 Offer and the Self-Tender Offer and the various factors discussed or noted in the Offer to Purchase. In doing so, the Company encourages you to read carefully the Offer to Purchase, the Letter of Transmittal and other materials relating to the Self-Tender Offer and enclosed herewith. These materials also contain information as to how to properly tender your shares in the Self-Tender Offer.

Unless extended or withdrawn, the Self-Tender Offer will expire at 11:59 p.m., Eastern Time on June 14, 2024. Upon expiration, payment for the shares accepted for purchase in the Self-Tender Offer will occur promptly in accordance with applicable law. Questions and requests for assistance or requests for additional copies of the Offer to Purchase, the Letter of Transmittal and other related materials may be directed to the Company’s Investor Relations department by calling (844) 808-7348. The Company will promptly furnish to stockholders additional copies of the materials at its own expense.