Whitestone REIT Price, Forecast, Insider, Ratings, Fundamentals & Signals

Whitestone seeks to distract shareholders from its board and management's many failings and scandals by promoting a false narrative about erez's intentions urgent change is desperately needed at whitestone, with new trustees that bring relevant reit capital markets and shopping center experience, to create long-term value for shareholders encourages whitestone shareholders to vote "for" catherine clark and bruce schanzer and to "withhold" from david taylor and nandita berry using the blue proxy card new rochelle, n.y. , may 8, 2024 /prnewswire/ -- erez asset management, llc ("erez"), a shareholder of whitestone reit (nyse: wsr) ("whitestone" or the "company") which has nominated two candidates for election at whitestone's upcoming 2024 annual meeting of shareholders, today sent a letter to the company's shareholders.

Reiterates the need for change at whitestone, the shopping center reit that trades at the biggest discount to nav of its cited peers notes the irony of a board filled with undisclosed former service providers to mr. mastandrea claiming that one call with mr.

Glass lewis further recommends that shareholders do not vote for any erez nominees glass lewis further recommends that shareholders do not vote for any erez nominees

Houston, may 01, 2024 (globe newswire) -- whitestone reit (nyse: wsr) (“whitestone” or the “company”) today announced its operating and financial results for the first 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.

Iss finds that erez makes a "compelling case" and erez nominee bruce schanzer would bring relevant shopping center reit experience, an independent perspective, and a history of engaging collaboratively with shareholders to the board erez encourages whitestone shareholders to vote "for" catherine clark and bruce schanzer and to "withhold" from david taylor and nandita berry using the blue proxy card new rochelle, n.y. , april 30, 2024 /prnewswire/ -- erez asset management, llc ("erez"), a shareholder of whitestone reit (nyse: wsr) ("whitestone" or the "company") which has nominated two candidates for election at whitestone's upcoming 2024 annual meeting of shareholders, today announced that institutional shareholder services inc...

Unveiling Hidden Gems: 2 REITs That Are Secretly Thriving

Whitestone REIT has highly advantaged properties in 5 submarkets, leading to higher rents and potential property value of $20 per share. The tight occupancy and increasing demand in these markets have resulted in rental rates increasing by 20% and expected to continue growing. The ongoing proxy battle between activist investor Erez Asset Management and Whitestone may determine the future path of the company, either through a sale or continued operation.

REITs are priced at their lowest valuations in years. But REIT fundamentals remain strong for the most part. And with interest rates soon headed lower, opportunities are abundant.

Whitestone REIT is experiencing growth in its FFO and occupancy, with a projected double-digit growth rate in FFO for 2024. The trust solidly covers its dividend with FFO and recently raised its dividend by 3%, making it an attractive investment for passive income investors. Whitestone REIT's concentrated real estate footprint in economically vibrant markets provides potential for above-average FFO growth.

Whitestone's (WSR) acquisition of Scottsdale Commons in Scottsdale, AZ, for $22.2 million comes as part of its efforts to expand in the fast-growing, high-household-income markets.

REITs are offering a rare opportunity in 2024. Valuations are historically low and offer significant upside potential. Here are 10 REITs that deserve a "Buy" rating.

The US economy is experiencing conflicting trends, with job gains being driven by immigration while native-born Americans are leaving the workforce. The manufacturing sector may be experiencing a rebound due to government subsidies rather than fundamental economic growth. Commercial real estate has not crashed as expected, with lenders extending loans and delaying the marking down of property values.

HOUSTON, April 01, 2024 (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, 2024 after the market close on Wednesday, May 1, 2024.

Retail REIT share prices have declined more than the overall REIT sector, presenting a potential investment opportunity. The Marcus & Millichap 2024 Retail Forecast highlights job growth, migration patterns, and rising retail space demand. The top markets for retail investment are dominated by Florida and Texas, creating opportunities for shopping center landlords in the Sun Belt.

Whitestone REIT offers exposure to high-growth markets and has a strong track record of growing its operating fundamentals. The company has seen strong tenant demand and record occupancy in its portfolio, driven by small shop occupancy growth. While the company has higher leverage compared to peers, management is focused on deleveraging and improving FFO/share through continued SSNOI growth.