| Whitestone REIT: Strong Leasing Trends But Limited Upside |
Whitestone owns 55 commercial properties in the high-growth Texas and Arizona markets, leasing primarily to non-discretionary and service-based tenants, supporting frequent lease renewals and higher rent escalations. Q1 revenue rose 2.2% YoY to $38 million, with strong leasing spreads due to shorter lease terms, despite a slight occupancy dip to 93%. Risks include geographic concentration, short-term leases leading to higher turnover, $102.3 million in unhedged floating rate debt, and heightened credit risk among some tenants. |
seekingalpha.com |
2025-05-14 08:52:03 |
Czytaj oryginał (ang.) |
| Whitestone Bolsters Its Austin Portfolio, Buys San Clemente |
In a bid to expand its Austin portfolio, WSR buys San Clemente in Davenport, TX, enhancing its footprint and business. |
zacks.com |
2025-05-12 16:25:34 |
Czytaj oryginał (ang.) |
| Market Reversal: REITs Beating Tech In 2025 |
Tech stocks have been very rewarding in the last few years. REITs, on the other hand, have been very poor investments. But things are changing, and REITs are now beating Tech. Here's why. |
seekingalpha.com |
2025-05-10 13:00:00 |
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| Whitestone REIT Acquires San Clemente Neighborhood Retail Center in Austin |
HOUSTON, May 08, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”), a neighborhood-focused owner and operator of open-air shopping centers in Texas and Arizona, today announced the acquisition of the 31,832-sqaure-foot, restaurant-anchored San Clemente at Davenport (“San Clemente”) in Austin, Texas, which is just minutes from the Apple and Tesla campuses and situated amidst the bustling hub of the area's several technology companies. The San Clemente acquisition complements Whitestone's existing Davenport Village retail center at the same intersection along Loop 360, one of Austin's most traveled corridors, and marks the fifth neighborhood shopping center in Whitestone's portfolio that is located in Texas's capital city. |
globenewswire.com |
2025-05-08 11:00:00 |
Czytaj oryginał (ang.) |
| Whitestone REIT (WSR) Q1 2025 Earnings Call Transcript |
Whitestone REIT (NYSE:WSR ) Q1 2025 Earnings Conference Call May 1, 2025 8:30 AM ET Company Participants David Mordy - Director of Investor Relations Dave Holeman - Chief Executive Officer Christine Mastandrea - Chief Operating Officer Scott Hogan - Chief Financial Officer Conference Call Participants Gaurav Mehta - Alliance Global Partners Mitch Germain - Citizens Capital Market John Massocca - B. Riley Securities Operator Ladies and gentlemen, greetings and welcome to the Whitestone REIT First Quarter 2025 Earnings Conference Call. |
seekingalpha.com |
2025-05-01 18:51:13 |
Czytaj oryginał (ang.) |
| Whitestone (WSR) Beats Q1 FFO Estimates |
Whitestone (WSR) came out with quarterly funds from operations (FFO) of $0.25 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to FFO of $0.23 per share a year ago. |
zacks.com |
2025-04-30 23:30:30 |
Czytaj oryginał (ang.) |
| Whitestone REIT Reports First Quarter 2025 Results |
HOUSTON, April 30, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the first quarter of 2025. Whitestone creates neighborhood center communities in its high-quality open-air shopping centers that it acquires, owns, manages, develops, and redevelops primarily in some of the largest, fastest-growing, high-household-income markets in the Sunbelt. For the three months ended March 31, 2025 and 2024, Net income attributable to common shareholders per diluted share was $0.07 and $0.18, respectively. |
globenewswire.com |
2025-04-30 20:30:00 |
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| 3 Once-In-A-Decade REIT Opportunities |
REITs are priced at the lowest valuations since 2009. After a long bear market, REITs are getting ready to recover. Some REITs will richly reward shareholders. Here are 3 once-in-a-decade opportunities that we are accumulating. |
seekingalpha.com |
2025-04-30 12:15:00 |
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| Whitestone REIT Commences Redevelopment at Lion Square in Houston's Asiatown District |
HOUSTON, April 23, 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 commenced a strategic redevelopment at Lion Square in Houston's Asiatown – part of the International Management District – that will transform the Sun Wing Supermarket-anchored center into a vibrant and meaningful cultural hub that pays homage to the city's expansive Asian community. Whitestone has engaged Michael Hsu Office of Architecture to upgrade the property's design and curb appeal by integrating modern aesthetics with traditional Chinese and Vietnamese architectural influences to create a more welcoming and meaningful destination for the area's large Asian contingent. |
globenewswire.com |
2025-04-23 11:00:00 |
Czytaj oryginał (ang.) |
| Whitestone REIT: Undervalued Gem With Double-Digit Rent Spreads |
Whitestone REIT focuses on high-growth Sunbelt markets and small shops, offering high margins, pricing power, and robust lease spreads. WSR has demonstrated strong fundamentals, including double-digit FFO/share growth, consistent occupancy, and proactive leasing, driving impressive lease spreads and NOI growth. Redevelopment initiatives provide upside potential, while WSR's improving balance sheet and well-covered monthly dividend enhance its attractiveness. |
seekingalpha.com |
2025-04-16 13:40:32 |
Czytaj oryginał (ang.) |
| Disparate Property Supply In Tampa Creates Selective Opportunity |
Tampa's strong job and population growth make it a prime real estate location, but supply and demand dynamics are crucial for investment decisions. The high housing supply in Tampa has led to a temporary downturn in home prices, while limited retail space has driven up retail rents. Other property sectors have limited supply and much stronger outlooks within Tampa. |
seekingalpha.com |
2025-04-11 19:45:28 |
Czytaj oryginał (ang.) |
| Whitestone REIT Announces First Quarter 2025 Earnings Webcast and Conference Call |
HOUSTON, April 01, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the first quarter ended March 31, 2025 after the market close on Wednesday, April 30, 2025. The Company will host a webcast and conference call to discuss the results on Thursday, May 1, 2025, at 8:30 A.M. |
globenewswire.com |
2025-04-01 11:00:00 |
Czytaj oryginał (ang.) |
| A Big Market Reversal Is Likely Coming In 2025 |
REITs have significantly underperformed in recent years. But a big market reversal is underway. REITs are now massively outperforming, and I expect this to continue. |
seekingalpha.com |
2025-03-29 10:15:00 |
Czytaj oryginał (ang.) |
| 4 Ultra-High Yielding Monthly Dividend Stocks Delivering Massive Passive Income Streams |
If you love the idea of getting paid every month just for buying and holding stocks, you've come to the right place. |
247wallst.com |
2025-03-24 10:52:16 |
Czytaj oryginał (ang.) |
| Whitestone Inks Lease With The Picklr to Open New Pickleball Facility |
WSR announces a lease with The Picklr to open The Picklr Cave Creek facility at Terravita Marketplace in Scottsdale, AZ. |
zacks.com |
2025-03-13 16:55:31 |
Czytaj oryginał (ang.) |
| Whitestone REIT to Open The Picklr Cave Creek at Terravita Marketplace in North Scottsdale, Arizona |
World's fastest-growing indoor pickleball operator supports the market's active and health-conscious lifestyle while also complementing Terravita's diversified tenant mix |
globenewswire.com |
2025-03-12 09:00:00 |
Czytaj oryginał (ang.) |
| Whitestone REIT Commences Transformation of Merchandising Mix at Davenport Village in Austin, Texas |
Positioning asset to become an 18-hour activity hub that better serves the lifestyle needs of the surrounding community |
globenewswire.com |
2025-03-10 09:00:00 |
Czytaj oryginał (ang.) |
| Whitestone REIT Declares Second Quarter 2025 Dividend |
HOUSTON, March 06, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.045 per share on the Company's common shares and operating partnership units for the second quarter of 2025. The dividend represents a quarterly amount of $0.135 per share, and an annualized amount of $0.54 per share. |
globenewswire.com |
2025-03-06 08:45:00 |
Czytaj oryginał (ang.) |
| Whitestone REIT (WSR) Q4 2024 Earnings Call Transcript |
Whitestone REIT (NYSE:WSR ) Q4 2024 Earnings Conference Call March 4, 2025 8:30 AM ET Company Participants David Moody - Director, Investor Relations Dave Holeman - Chief Executive Officer Christine Mastandrea - Chief Operating Officer Scott Hogan - Chief Financial Officer Conference Call Participants Mitch Germain - Citizens Capital Market Anthony Hall - Truist Securities Gaurav Mehta - Alliance Global Partners John Massocca - B. Riley Operator Greetings, and welcome to the Whitestone REIT Fourth Quarter 2024 Earnings Conference Call. |
seekingalpha.com |
2025-03-04 13:31:22 |
Czytaj oryginał (ang.) |
| Whitestone (WSR) Q4 FFO and Revenues Top Estimates |
Whitestone (WSR) came out with quarterly funds from operations (FFO) of $0.28 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to FFO of $0.21 per share a year ago. |
zacks.com |
2025-03-03 20:35:23 |
Czytaj oryginał (ang.) |
| 5 REITs Ripe For Buyout |
M&A is beneficial for target shareholders, offering premiums of 10%-50%, and identifying potential buyout targets involves analyzing specific features like discount to NAV and valuation disparity. REITs trading below NAV, especially in hot asset classes, are prime M&A candidates. Willingness to sell, management incentives, and operational synergies are crucial factors in determining a company's likelihood of being acquired. |
seekingalpha.com |
2025-02-27 20:00:30 |
Czytaj oryginał (ang.) |
| Why I Don't Invest In REIT ETFs |
Passive beats active in most cases. REITs are an exception. I explain why I follow an active strategy when investing in REITs. |
seekingalpha.com |
2025-02-25 10:25:00 |
Czytaj oryginał (ang.) |
| Whitestone REIT: Sunbelt Powerhouse Poised For Potential Market-Beating Returns |
Whitestone REIT owns high-quality open-air retail centers in fast-growing Sunbelt markets, achieving strong leasing spreads and consistent NOI growth. WSR's remerchandising and asset recycling initiatives are enhancing portfolio quality, driving robust Core FFO/share growth, and improving financial flexibility. The improved balance sheet, with a declining leverage ratio and well-covered 4% dividend yield, supports further deleveraging and growth. |
seekingalpha.com |
2025-01-30 10:15:00 |
Czytaj oryginał (ang.) |
| Whitestone REIT Announces Tax Characteristics of 2024 Distributions |
HOUSTON, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) released the federal income tax treatment of 2024 cash distributions to holders of common shares (CUSIP 966084204). The final classifications of the distributions for 2024, which will be reported on Form 1099-DIV, are as follows: |
globenewswire.com |
2025-01-29 19:00:00 |
Czytaj oryginał (ang.) |
| Hidden Gems: 2 Must-Buy REITs Right Now |
Some of the best REIT investment opportunities are in Canada. Valuations are lower and so are interest rates. I present 2 hidden gems that we are buying. |
seekingalpha.com |
2025-01-18 08:55:00 |
Czytaj oryginał (ang.) |
| Whitestone REIT Announces Fourth Quarter 2024 Earnings Webcast and Conference Call |
HOUSTON, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the fourth quarter ended December 31, 2024 after the market close on Monday, March 3, 2025. |
globenewswire.com |
2025-01-17 10:00:00 |
Czytaj oryginał (ang.) |
| Top 3 REITs For 2025 |
Most REITs have surged due to interest rate cuts. But many REITs missed out on this rally and remain undervalued. I present 3 of my Top Picks for 2025. |
seekingalpha.com |
2025-01-06 10:25:00 |
Czytaj oryginał (ang.) |
| REITs, Interest Rates And Why Retail Isn't Dead |
The interest rate conversation as it pertains to REITs. Christine Mastandrea, COO of Whitestone REIT, on diversifying risk and why retail isn't dead. |
seekingalpha.com |
2024-12-21 16:00:00 |
Czytaj oryginał (ang.) |
| Whitestone REIT CEO Letter to Shareholders: 2024 Wrap-Up |
HOUSTON, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) is pleased to share the following CEO letter with shareholders: |
globenewswire.com |
2024-12-17 10:05:00 |
Czytaj oryginał (ang.) |
| Whitestone REIT Signs Lease with EoS Fitness to Reenergize Windsor Park Center in San Antonio |
Marks second agreement Whitestone has executed with the rapidly growing, High Value. Low Price. (HVLP) ® fitness brand |
globenewswire.com |
2024-12-10 18:15:00 |
Czytaj oryginał (ang.) |
| Whitestone Rewards Investors With 9% Dividend Hike: Is it Sustainable? |
WSR raises cash dividend by 9% for the first quarter of 2025 to reward its shareholders. |
zacks.com |
2024-12-05 16:01:24 |
Czytaj oryginał (ang.) |
| Whitestone REIT Grows Dividend 9% |
HOUSTON, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.045 per share on the Company's common shares and operating partnership units for the first quarter of 2025. The quarterly dividend amount of $0.135 per share represents a 9% increase from the previous quarterly dividend amount. |
globenewswire.com |
2024-12-04 18:20:00 |
Czytaj oryginał (ang.) |
| MCB Withdraws Proposal to Acquire Whitestone Due to Whitestone Board's Entrenchment and Refusal to Engage |
Calls on Independent Trustees of Whitestone to Initiate Strategic Review Process to Maximize Value for Whitestone Shareholders Reminds Trustees of the Whitestone Board's Fiduciary Duties BALTIMORE , Nov. 18, 2024 /PRNewswire/ -- MCB Real Estate ("MCB"), a leading commercial real estate developer and investment management firm with a diverse nationwide portfolio and approximately $3 billion in AUM, today sent a letter to the Board of Trustees of Whitestone REIT (NYSE: WSR) ("Whitestone") withdrawing MCB's previously announced proposal to acquire the company. MCB sent the following letter to the Whitestone Board: November 18, 2024 Board of TrusteesC/O David K. |
prnewswire.com |
2024-11-18 11:15:00 |
Czytaj oryginał (ang.) |
| How Whitestone REIT is Transforming Sunbelt Retail Growth |
Whitestone REIT NYSE: WSR is a real estate investment trust (REIT) with a unique community-centered approach. REITs offer investors a streamlined way to participate in the real estate market without the burdens of direct property ownership, providing potential for dividend income and portfolio diversification. |
marketbeat.com |
2024-11-15 18:36:53 |
Czytaj oryginał (ang.) |
| Whitestone REIT: Weighing Potential Amid Risks |
Whitestone REIT has delivered over 35% total returns since November 2023, with a current forward yield of 3.44% and a low P/FFO multiple of 14.62x. Looking at WSR stock, I can see a compelling entry point in terms of the valuations relative to other peers such as KIM, REG and FRT. However, diving deeper a bit more, I will also identify some reasons why the discount could be justified. |
seekingalpha.com |
2024-11-15 04:43:36 |
Czytaj oryginał (ang.) |
| MCB Calls on Whitestone to Maximize Shareholder Value |
The Whitestone Board Has Summarily Rejected and Refused to Engage Regarding MCB's Improved $15.00 per Share All-Cash Proposal, which would Deliver a 14.5% Premium to Whitestone Shareholders MCB Urges the Whitestone Board and Management Team to Cease their Entrenchment Tactics and Answer Shareholders' Questions MCB Calls on Whitestone Shareholders to Make their Voices Heard; Visit www.MaximizingWhitestoneValue.com for More Information BALTIMORE , Oct. 31, 2024 /PRNewswire/ -- MCB Real Estate ("MCB"), a leading commercial real estate developer and investment management firm with a diverse nationwide portfolio and approximately $3 billion in AUM, today issued the following statement regarding its proposal to acquire Whitestone REIT (NYSE: WSR) ("Whitestone") for $15.00 per share in cash: MCB stands ready to deliver immediate and certain value to Whitestone shareholders. Our proposal is compelling by all reasonable metrics, reflecting a 14.5% premium to Whitestone's share price prior to our initial proposal on June 3, 2024, and a 61.8% premium to Whitestone's unaffected share price prior to the rumored Fortress proposal on October 26, 2023. |
prnewswire.com |
2024-10-31 09:30:00 |
Czytaj oryginał (ang.) |
| Whitestone (WSR) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates |
Although the revenue and EPS for Whitestone (WSR) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2024-10-30 23:06:29 |
Czytaj oryginał (ang.) |
| Whitestone (WSR) Lags Q3 FFO Estimates |
Whitestone (WSR) came out with quarterly funds from operations (FFO) of $0.25 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to FFO of $0.23 per share a year ago. |
zacks.com |
2024-10-30 21:30:17 |
Czytaj oryginał (ang.) |
| Whitestone REIT Responds to MCB Indication of Interest |
HOUSTON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) provided the following response to MCB's recent indication of interest: |
globenewswire.com |
2024-10-30 18:30:00 |
Czytaj oryginał (ang.) |
| Whitestone REIT Reports Third Quarter 2024 Results |
HOUSTON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the third quarter of 2024. Whitestone creates neighborhood center communities in its high-quality open-air shopping centers that it acquires, owns, manages, develops, and redevelops primarily in some of the largest, fastest-growing, high-household-income markets in the Sunbelt. |
globenewswire.com |
2024-10-30 18:15:00 |
Czytaj oryginał (ang.) |
| Whitestone Buyout Offer Undervalues Its Assets |
MCB Real Estate's $15 per share buyout offer for Whitestone REIT is too low, with WSR's fair value estimated closer to $17 per share. The hostile takeover attempt by MCB could spark competing bids from other REITs or private equity, given improved market conditions and lower interest rates. Whitestone REIT's standalone prospects are favorable, with strong leasing, rising occupancy, and healthy NOI growth, making a buyout less necessary. |
seekingalpha.com |
2024-10-11 15:45:12 |
Czytaj oryginał (ang.) |
| 2 REITs To Buy After The Rally |
REITs have surged in the recent month. But opportunities remain abundant. I present 2 REITs that are still deeply undervalued. |
seekingalpha.com |
2024-10-10 12:25:00 |
Czytaj oryginał (ang.) |
| MCB Real Estate Increases Proposal to Acquire Whitestone REIT to $15.00 Per Share in Cash and Seeks Board Engagement |
Proposal Would Deliver Immediate and Certain 14.5% Premium to Whitestone Shareholders Compared to Share Price Prior to Initial Proposal Per Share Price Represents a 61.8% Premium to Whitestone's Unaffected Share Price Prior to Takeover Rumors Sends Letter to Whitestone Board Detailing Compelling and Certain Value of All-Cash Proposal Launches www.MaximizingWhitestoneValue.com BALTIMORE , Oct. 9, 2024 /PRNewswire/ -- MCB Real Estate ("MCB"), a leading commercial real estate developer and investment management firm with a diverse nationwide portfolio and approximately $3 billion in AUM, today sent a letter to the Board of Trustees of Whitestone REIT (NYSE: WSR) ("Whitestone") increasing the value of its proposal to acquire the company in an all-cash transaction. Additional materials regarding the proposal are available at www.MaximizingWhitestoneValue.com. |
prnewswire.com |
2024-10-09 13:30:00 |
Czytaj oryginał (ang.) |
| 5 Of My Favorite Monthly Paying REITs |
Monthly dividends can be enticing, but quality and sustainability of the dividend are crucial. Avoid "sucker yields" by analyzing fundamentals. Agree Realty is a high-quality REIT with consistent dividend growth, but its current valuation makes it a Hold. STAG Industrial offers a higher yield and trades at a discount, making it a Buy despite modest dividend growth. |
seekingalpha.com |
2024-10-05 11:00:00 |
Czytaj oryginał (ang.) |
| Whitestone REIT Announces Third Quarter 2024 Earnings Webcast and Conference Call |
HOUSTON, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the third quarter ended September 30, 2024 after the market close on Wednesday, October 30, 2024. |
globenewswire.com |
2024-10-02 11:00:00 |
Czytaj oryginał (ang.) |
| Don't Mess With (3 REITs In) Texas |
I analyzed three REITs: BSR Real Estate Investment Trust, Whitestone REIT, and Cousins Properties, focusing on their presence in the high-growth Texas Triangle markets. BSR's strong performance in the Texas Triangle markets, despite new supply, makes it a compelling investment with a 3.69% dividend yield and solid AFFO growth. Whitestone REIT's focus on smaller community centers in high-demand Texas Triangle markets offers growth potential, but inconsistent past performance warrants a Hold rating. |
seekingalpha.com |
2024-09-24 11:00:00 |
Czytaj oryginał (ang.) |
| Buffett-Style Investing: Finding Value In REITs |
Warren Buffett invests in companies that enjoy strong moats. A moat is a major competitive advantage. This can be applied to REITs. Here is how. |
seekingalpha.com |
2024-09-21 12:15:00 |
Czytaj oryginał (ang.) |