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Whitestone REIT Receives Unsolicited, Non-Binding Acquisition Proposal
Globenewswire· 2025-11-04 21:15
HOUSTON, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR), a neighborhood-focused owner and operator of open-air shopping centers in Texas and Arizona, today announced that it has received an unsolicited, non-binding proposal from MCB Real Estate to acquire all of the outstanding shares of the Company’s common stock for cash consideration of $15.20 per share. MCB Real Estate owns 9.2% of Whitestone REIT’s common stock. Consistent with its fiduciary duties and in consultation with its financial ...
Whitestone REIT stock jumps after MCB makes $15.20-per-share proposal (WSR:NYSE)
Seeking Alpha· 2025-11-04 13:26
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Whitestone REIT acquires grocer-anchored shopping center in Houston (WSR:NYSE)
Seeking Alpha· 2025-11-03 12:36
Whitestone REIT (WSR) acquired an 81,407-square-foot grocery-anchored shopping center, Ashford Village, in Houston, making it the REIT's 10th shopping center in the market, the company said on Monday. Ashford Village is anchored by Seiwa Market, the largest Japanese grocery in the ...
Whitestone REIT Acquires Grocer-Anchored Ashford Village in Houston
Globenewswire· 2025-11-03 12:00
Center’s location near Houston’s Energy Corridor, anchored by 8 Fortune 500 companies, provides a consistent stream of repeat traffic  Property features a strong restaurant and retail lineup, including Seiwa Market, the largest Japanese grocery in the city HOUSTON, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR), a neighborhood-focused owner and operator of open-air shopping centers in Texas and Arizona, today announced the acquisition of the 81,407 square-foot, grocery-anchored Ashford Villag ...
Whitestone REIT(WSR) - 2025 Q3 - Quarterly Report
2025-10-31 20:16
☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 FORM 10-Q (Mark One) Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number 001-34855 WHITESTONE REIT (Exact Name of Registrant as Specified in Its Charter) Mar ...
Whitestone REIT(WSR) - 2025 Q3 - Earnings Call Transcript
2025-10-30 13:30
Whitestone REIT (NYSE:WSR) Q3 2025 Earnings Call October 30, 2025 08:30 AM ET Speaker2Greetings and welcome to the Whitestone REIT third quarter 2025 earnings conference call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press Star 0 on your telephone keypad. Please note this conference is being recorded. I will now turn the conference over to your host, ...
Whitestone REIT 2025 Q3 - Results - Earnings Call Presentation (NYSE:WSR) 2025-10-30
Seeking Alpha· 2025-10-30 13:01
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Whitestone REIT(WSR) - 2025 Q3 - Earnings Call Presentation
2025-10-30 12:30
Whitestone REIT Q3 2025 Earnings Presentation Industry Leaders in High- Value Shop Space Whitestone's Success Formula Acquire High Total Return Potential Centers: Whitestone acquires centers with the team's core capabilities in mind (see slides 9 & 10 for details) Anchor Centers To The Community: Whitestone team members are data centric, utilizing ESRI and Placer.ai to determine demand for a center's surrounding community and match business to meet that demand The Value of Shop Space "Shop Spaces" are the s ...
Whitestone (WSR) Q3 FFO Meet Estimates
ZACKS· 2025-10-29 23:36
分组1 - Whitestone reported quarterly funds from operations (FFO) of $0.26 per share, matching the Zacks Consensus Estimate and showing an increase from $0.25 per share a year ago [1] - The company achieved revenues of $41.05 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 2.36% and up from $38.63 million year-over-year [2] - Over the last four quarters, Whitestone has surpassed consensus FFO estimates three times and revenue estimates two times [2][3] 分组2 - The stock has underperformed, losing about 14.3% since the beginning of the year, while the S&P 500 has gained 17.2% [3] - The current consensus FFO estimate for the upcoming quarter is $0.28 on revenues of $40.7 million, and for the current fiscal year, it is $1.05 on revenues of $157.4 million [7] - The Zacks Industry Rank for REIT and Equity Trust - Other is in the top 35% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]
Whitestone REIT Reports Third Quarter and Year-to-Date 2025 Results
Globenewswire· 2025-10-29 21:39
Core Insights - Whitestone REIT reported significant growth in net income and Core FFO for Q3 2025 compared to Q3 2024, with net income attributable to common shareholders increasing to $18.3 million or $0.35 per diluted share from $7.6 million or $0.15 per diluted share [1][5][6] - The company is on track to achieve its long-term Core FFO per share growth target of 5-7%, supported by operational excellence and a high percentage of shop space within its peer group [2][3] Financial Performance - Revenues for Q3 2025 were $41.0 million, up from $38.6 million in Q3 2024, while year-to-date revenues reached $116.9 million compared to $113.4 million for the same period in 2024 [5][6] - Core FFO for Q3 2025 was $13.7 million, slightly up from $13.0 million in Q3 2024, with Core FFO per diluted share increasing to $0.26 from $0.25 [5][6] - Same-Store Net Operating Income (NOI) grew by 4.8% to $25.6 million in Q3 2025, compared to $24.4 million in Q3 2024 [5][7] Operational Metrics - The occupancy rate for wholly owned properties was 94.2% in Q3 2025, a slight increase from 94.1% in Q3 2024 [7] - Rental rate growth on a GAAP basis was 19.3% for Q3 2025, down from 25.3% in Q3 2024, with new leases showing a growth of 22.5% [7] Balance Sheet and Debt - As of September 30, 2025, Whitestone had total debt of $646.0 million and undepreciated real estate assets valued at $1.3 billion [10][13] - The company declared a quarterly cash distribution of $0.135 per common share for Q4 2025, to be paid in three installments [8] Guidance and Future Outlook - The company updated its 2025 full-year guidance for net income attributable to Whitestone REIT to a range of $30.9 million to $33.0 million, significantly higher than the original guidance of $17.1 million to $19.2 million [9] - Core FFO guidance remains unchanged at $54.2 million to $56.3 million, with same-store NOI growth projected at 3.5% to 4.5% [9]