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  <xs:element name="FortyEastEndAvePrefLlcMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ltsv_FortyEastEndAvePrefLlcMember"/>
  <xs:element name="LightstoneREITIIIMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ltsv_LightstoneREITIIIMember"/>
  <xs:element name="LightstoneREITIVMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ltsv_LightstoneREITIVMember"/>
  <xs:element name="LightstoneRealEstateIncomeLlcMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ltsv_LightstoneRealEstateIncomeLlcMember"/>
  <xs:element name="MarriottMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ltsv_MarriottMember"/>
  <xs:element name="MoxyJuniorLoanMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ltsv_MoxyJuniorLoanMember"/>
  <xs:element name="MoxySeniorLoanMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ltsv_MoxySeniorLoanMember"/>
  <xs:element name="RoomRevenueMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ltsv_RoomRevenueMember"/>
  <xs:element name="SubordinatedAdvancesMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ltsv_SubordinatedAdvancesMember"/>
  <xs:element name="SubordinatedAgreementMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ltsv_SubordinatedAgreementMember"/>
  <xs:element name="WilliamsburgLandMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ltsv_WilliamsburgLandMember"/>
  <xs:element name="WilliamsburgMoxyHotelJointVentureMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ltsv_WilliamsburgMoxyHotelJointVentureMember"/>
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  <xs:element name="DocumentAndEntityInformationAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ltsv_DocumentAndEntityInformationAbstract"/>
</xs:schema>
