WSR

In April 2026, Whitestone REIT announced a definitive agreement to be acquired by Ares Management Corporation in an all-cash transaction valued at approximately $1.7 billion, or $19.00 per share, leading to a surge in WSR shares. Following the acquisition announcement, several analysts downgraded Whitestone REIT's stock. Whitestone REIT declared a second-quarter 2026 dividend and announced a change in its dividend payment schedule from monthly to quarterly distributions in December 2025. The company reported its fourth quarter and full year 2025 results in February 2026, and its first quarter 2025 results in December 2025, showing positive growth in Core FFO per share and Same-Store Net Operating Income (NOI). In April 2026, Whitestone REIT announced the addition of a premier tenant, Parkhill, at its BLVD Place property in Houston. A dissident shareholder sought a full board overhaul in April 2026 to pursue a sale and address underperformance. Prior to the Ares acquisition, private equity firms had expressed interest in acquiring Whitestone REIT.