Summary
13.20 0.02(0.11%)07/03/2024
Whitestone REIT (WSR)
Whitestone REIT (WSR)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 0.11 | 0.80 | 1.03 | 12.10 | 8.37 | 35.02 | 26.94 | 197.75 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 13.20 | |
| Open | 13.16 | |
| High | 13.24 | |
| Low | 13.14 | |
| Volume | 86,887 | |
| Change | 0.02 | |
| Change % | 0.11 | |
| Avg Volume (20 Days) | 310,570 | |
| Volume/Avg Volume (20 Days) Ratio | 0.28 | |
| 52 Week Range | 9.07 - 13.49 | |
| Price vs 52 Week High | -2.19% | |
| Price vs 52 Week Low | 45.48% | |
| Range | 0.42 | |
| Gap Up/Down | -0.13 | |
Fundamentals | ||
| Market Capitalization (Mln) | 658 | |
| EBIDTA | 62,081,000 | |
| PE Ratio | 84.4662 | |
| PEG Ratio | 0.0000 | |
| WallStreet Target Price | 11.25 | |
| Book Value | 7.9450 | |
| Earnings Per Share | 0.2821 | |
| EPS Estimate Current Quarter | 0.0600 | |
| EPS Estimate Next Quarter | 0.0600 | |
| EPS Estimate Current Year | 0.2600 | |
| EPS Estimate Next Year | 0.2400 | |
| Diluted EPS (TTM) | 0.2810 | |
| Revenues | ||
| Profit Marging | 0.1024 | |
| Operating Marging (TTM) | 0.2726 | |
| Return on asset (TTM) | 0.0196 | |
| Return on equity (TTM) | 2.9858 | |
| Revenue TTM | 122,641,000 | |
| Revenue per share TTM | 2.8000 | |
| Quarterly Revenue Growth (YOY) | 0.0830 | |
| Quarterly Earnings Growth (YOY) | 2.0000 | |
| Gross Profit (TTM) | 80,457,000 | |
| Dividends | ||
| Dividend Share | 0.4260 | |
| Dividend Yield | 0.0457 | |
| Valuations | ||
| Trailing PE | 33.3096 | |
| Forward PE | 0.0000 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 1.2202 | |
| Revenue Enterprise Value | 8.8696 | |
| EBITDA Enterprise Value | 16.7469 | |
| Shares | ||
| Shares Outstanding | 49,113,100 | |
| Shares Float | 46,384,335 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 6.73 | |
| Institutions (%) | 59.51 | |
06/27 07:45 EST - seekingalpha.com
What Will Happen To REITs In A Recession?
Many investors fear that REITs will crash if we hit a recession. But I expect the opposite. As weird as it may sound, I think that a recession would benefit REITs.
What Will Happen To REITs In A Recession?
Many investors fear that REITs will crash if we hit a recession. But I expect the opposite. As weird as it may sound, I think that a recession would benefit REITs.
06/14 11:30 EST - seekingalpha.com
3 Small Cap REITs Poised To Profit
Small-cap REITs can be profitable investments, with the potential for acquisition or growth to become industry giants. Three small-cap REITs to consider are Alpine Income Property Trust, Plymouth Industrial, and Whitestone REIT. Each REIT has unique strengths and opportunities for growth, making them speculative buys with potential for long-term returns.
3 Small Cap REITs Poised To Profit
Small-cap REITs can be profitable investments, with the potential for acquisition or growth to become industry giants. Three small-cap REITs to consider are Alpine Income Property Trust, Plymouth Industrial, and Whitestone REIT. Each REIT has unique strengths and opportunities for growth, making them speculative buys with potential for long-term returns.
06/11 16:10 EST - globenewswire.com
The Picklr Opens at Whitestone REIT's Eldorado Plaza in McKinney, Texas
HOUSTON, June 11, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) is pleased to announce that The Picklr has opened at Eldorado Plaza in McKinney, Texas. The Picklr is North America's fastest-growing indoor pickleball franchise and it represents a strong upgrade in terms of tenant quality at the Trader Joe's-anchored center. In addition to increasing Eldorado's foot traffic, The Picklr helps the center better meet the needs of the surrounding community with a best in-class operator capitalizing on a sport designed to draw together people of all ages.
The Picklr Opens at Whitestone REIT's Eldorado Plaza in McKinney, Texas
HOUSTON, June 11, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) is pleased to announce that The Picklr has opened at Eldorado Plaza in McKinney, Texas. The Picklr is North America's fastest-growing indoor pickleball franchise and it represents a strong upgrade in terms of tenant quality at the Trader Joe's-anchored center. In addition to increasing Eldorado's foot traffic, The Picklr helps the center better meet the needs of the surrounding community with a best in-class operator capitalizing on a sport designed to draw together people of all ages.
06/10 16:30 EST - globenewswire.com
Whitestone REIT Declares Third Quarter 2024 Dividend
HOUSTON, June 10, 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 $0.04125 per share on the Company's common shares and operating partnership units for the third quarter of 2024. The dividend represents a quarterly amount of $0.12375 per share, and an annualized amount of $0.495 per share.
Whitestone REIT Declares Third Quarter 2024 Dividend
HOUSTON, June 10, 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 $0.04125 per share on the Company's common shares and operating partnership units for the third quarter of 2024. The dividend represents a quarterly amount of $0.12375 per share, and an annualized amount of $0.495 per share.
06/03 07:00 EST - globenewswire.com
Whitestone REIT Continues Board Refreshment
Announces Board Leadership Changes Intends to Add Two New Trustees HOUSTON, June 03, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that the Board of Trustees (“Board”) has appointed Amy S. Feng, an independent Trustee, as the Chair of Whitestone's Board of Trustees, and Julia B.
Whitestone REIT Continues Board Refreshment
Announces Board Leadership Changes Intends to Add Two New Trustees HOUSTON, June 03, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that the Board of Trustees (“Board”) has appointed Amy S. Feng, an independent Trustee, as the Chair of Whitestone's Board of Trustees, and Julia B.
05/29 17:00 EST - globenewswire.com
Whitestone REIT to Present at Nareit's REITweek 2024 Investor Conference
HOUSTON, May 29, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that CEO Dave Holeman will participate in a “Fireside Chat” at Nareit's 2024 REITweek Investor Conference. Mr. Holeman will be hosted by Citizens JMP Analyst Mitch Germain.
Whitestone REIT to Present at Nareit's REITweek 2024 Investor Conference
HOUSTON, May 29, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that CEO Dave Holeman will participate in a “Fireside Chat” at Nareit's 2024 REITweek Investor Conference. Mr. Holeman will be hosted by Citizens JMP Analyst Mitch Germain.
05/29 12:27 EST - seekingalpha.com
The Shopping Center Golden Age Has Longevity
Shopping centers have experienced a lack of development in the last 15 years, leading to full occupancy. The feedback mechanisms that usually regulate real estate cycles may not work in shopping centers, allowing for a prolonged period of outsized growth. Rental rates in shopping centers are still below the level needed for development to become viable, indicating a potential golden age for the sector.
The Shopping Center Golden Age Has Longevity
Shopping centers have experienced a lack of development in the last 15 years, leading to full occupancy. The feedback mechanisms that usually regulate real estate cycles may not work in shopping centers, allowing for a prolonged period of outsized growth. Rental rates in shopping centers are still below the level needed for development to become viable, indicating a potential golden age for the sector.
05/14 12:24 EST - globenewswire.com
Whitestone REIT Announces Preliminary Results of 2024 Annual Meeting of Shareholders
HOUSTON, May 14, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that, based on the preliminary vote count at the Company's 2024 Annual Meeting of Shareholders (the “Annual Meeting”), subject to the final certification of the voting results by the inspector of election, all six Whitestone's nominees have been re-elected to the Whitestone Board of Trustees (the “Board”).
Whitestone REIT Announces Preliminary Results of 2024 Annual Meeting of Shareholders
HOUSTON, May 14, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that, based on the preliminary vote count at the Company's 2024 Annual Meeting of Shareholders (the “Annual Meeting”), subject to the final certification of the voting results by the inspector of election, all six Whitestone's nominees have been re-elected to the Whitestone Board of Trustees (the “Board”).
05/10 08:00 EST - globenewswire.com
Whitestone REIT Urges Shareholders to Support Its Highly Qualified Trustee Nominees at the Annual Meeting on May 14 – Vote Today Using the White Proxy Card
Whitestone's Turnaround Strategy Has Been Successful Under New Board / Leadership Team Our Reset Strategy Has Momentum and the Market Is Recognizing Our Accomplishments Do Not Let Erez Interrupt Our Momentum, Derail Our Strategy and Destroy Value Glass Lewis and Egan Jones, Two Leading Proxy Advisory Firms, Both Recommended that Shareholders Vote "FOR ALL" of Whitestone's Board Nominees on the WHITE Proxy Card HOUSTON, May 10, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it has issued a letter to shareholders related to the upcoming 2024 Annual Meeting of Shareholders scheduled to be held on May 14, 2024. The letter urges shareholders to vote the WHITE proxy card "FOR ALL" of Whitestone's highly qualified trustees standing for election.
Whitestone REIT Urges Shareholders to Support Its Highly Qualified Trustee Nominees at the Annual Meeting on May 14 – Vote Today Using the White Proxy Card
Whitestone's Turnaround Strategy Has Been Successful Under New Board / Leadership Team Our Reset Strategy Has Momentum and the Market Is Recognizing Our Accomplishments Do Not Let Erez Interrupt Our Momentum, Derail Our Strategy and Destroy Value Glass Lewis and Egan Jones, Two Leading Proxy Advisory Firms, Both Recommended that Shareholders Vote "FOR ALL" of Whitestone's Board Nominees on the WHITE Proxy Card HOUSTON, May 10, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it has issued a letter to shareholders related to the upcoming 2024 Annual Meeting of Shareholders scheduled to be held on May 14, 2024. The letter urges shareholders to vote the WHITE proxy card "FOR ALL" of Whitestone's highly qualified trustees standing for election.
05/09 16:20 EST - prnewswire.com
EREZ ASSET MANAGEMENT OUTLINES SPECIFIC INITIATIVES ITS NOMINEES WILL ADVANCE IF ELECTED TO WHITESTONE REIT BOARD
Whitestone's Inexperienced Board is Responsible for Years of Underperformance Driven by Uneconomic Capital Allocation, Inattentive Financial and Management Oversight, and Retrograde Corporate Governance Erez's Two Trustee Nominees Have the REIT Capital Markets, Shopping Center, and Public Company Board Experience Necessary to Create Long-Term Value for Whitestone Shareholders Erez Encourages Whitestone Shareholders to Vote Today "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 9, 2024 /PRNewswire/ -- Erez Asset Management, LLC ("Erez"), a shareholder of Whitestone REIT (NYSE: WSR) ("Whitestone" or the "Company"), today sent a letter to shareholders urging them to vote immediately to elect Erez's two trustee candidates – Catherine Clark and Bruce Schanzer – to Whitestone's Board of Trustees (the "Board") at the Company's Annual Meeting of Shareholders, which will be held on Tuesday, May 14, 2024.
EREZ ASSET MANAGEMENT OUTLINES SPECIFIC INITIATIVES ITS NOMINEES WILL ADVANCE IF ELECTED TO WHITESTONE REIT BOARD
Whitestone's Inexperienced Board is Responsible for Years of Underperformance Driven by Uneconomic Capital Allocation, Inattentive Financial and Management Oversight, and Retrograde Corporate Governance Erez's Two Trustee Nominees Have the REIT Capital Markets, Shopping Center, and Public Company Board Experience Necessary to Create Long-Term Value for Whitestone Shareholders Erez Encourages Whitestone Shareholders to Vote Today "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 9, 2024 /PRNewswire/ -- Erez Asset Management, LLC ("Erez"), a shareholder of Whitestone REIT (NYSE: WSR) ("Whitestone" or the "Company"), today sent a letter to shareholders urging them to vote immediately to elect Erez's two trustee candidates – Catherine Clark and Bruce Schanzer – to Whitestone's Board of Trustees (the "Board") at the Company's Annual Meeting of Shareholders, which will be held on Tuesday, May 14, 2024.
05/09 07:30 EST - seekingalpha.com
Unveiling Hidden Gems: 2 REITs That Are Secretly Thriving
Unveiling Hidden Gems: 2 REITs That Are Secretly Thriving
Unveiling Hidden Gems: 2 REITs That Are Secretly Thriving
Unveiling Hidden Gems: 2 REITs That Are Secretly Thriving
05/08 07:00 EST - prnewswire.com
EREZ ASSET MANAGEMENT SENDS LETTER TO WHITESTONE SHAREHOLDERS QUESTIONING RECENT CONDUCT OF WHITESTONE REIT BOARD
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.
EREZ ASSET MANAGEMENT SENDS LETTER TO WHITESTONE SHAREHOLDERS QUESTIONING RECENT CONDUCT OF WHITESTONE REIT BOARD
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.
05/06 14:30 EST - prnewswire.com
EREZ ASSET MANAGEMENT RESPONDS TO FALSE ACCUSATIONS IN WHITESTONE REIT'S PRESS RELEASE
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.
EREZ ASSET MANAGEMENT RESPONDS TO FALSE ACCUSATIONS IN WHITESTONE REIT'S PRESS RELEASE
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.
05/02 16:20 EST - globenewswire.com
Leading Proxy Advisory Firm Glass Lewis Recommends That Shareholders Vote FOR ALL of Whitestone REIT's Board Nominees on the WHITE Proxy Card
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
Leading Proxy Advisory Firm Glass Lewis Recommends That Shareholders Vote FOR ALL of Whitestone REIT's Board Nominees on the WHITE Proxy Card
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
05/01 16:30 EST - globenewswire.com
Whitestone REIT Reports First Quarter 2024 Results
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.
Whitestone REIT Reports First Quarter 2024 Results
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.
04/30 13:25 EST - prnewswire.com
LEADING PROXY ADVISORY FIRM ISS RECOMMENDS WHITESTONE REIT SHAREHOLDERS VOTE FOR CHANGE USING EREZ ASSET MANAGEMENT'S BLUE PROXY CARD
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. ("ISS"), a leading independent proxy advisory firm, has recommended shareholders vote on Erez's BLUE proxy card "FOR" Erez nominee Bruce Schanzer and "WITHOLD" from Whitestone nominee Nandita Berry.
LEADING PROXY ADVISORY FIRM ISS RECOMMENDS WHITESTONE REIT SHAREHOLDERS VOTE FOR CHANGE USING EREZ ASSET MANAGEMENT'S BLUE PROXY CARD
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. ("ISS"), a leading independent proxy advisory firm, has recommended shareholders vote on Erez's BLUE proxy card "FOR" Erez nominee Bruce Schanzer and "WITHOLD" from Whitestone nominee Nandita Berry.
04/29 08:00 EST - globenewswire.com
Whitestone REIT Board of Trustees Sets the Record Straight
Board Highlights Proven Turnaround Strategy Executed by New Leadership Team Since Early 2022 Erez's Materials Demonstrate Lack of Understanding of Whitestone's Business Mr. Schanzer's Indicating He Never Advocated For a "Corporate Unwind Scenario" Displays His Lack of Honesty and Transparency with Shareholders Erez's One-Dimensional Strategy Is an Attempt to Generate Short-Term Gains at the Expense of Long-Term Shareholder Value Creation HOUSTON, April 29, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) announced today that it has mailed a letter to shareholders in connection with its 2024 Annual Meeting of Stockholders scheduled to be held on May 14, 2024, urging shareholders to vote the WHITE proxy card “FOR ALL” of Whitestone's highly qualified trustees standing for election.
Whitestone REIT Board of Trustees Sets the Record Straight
Board Highlights Proven Turnaround Strategy Executed by New Leadership Team Since Early 2022 Erez's Materials Demonstrate Lack of Understanding of Whitestone's Business Mr. Schanzer's Indicating He Never Advocated For a "Corporate Unwind Scenario" Displays His Lack of Honesty and Transparency with Shareholders Erez's One-Dimensional Strategy Is an Attempt to Generate Short-Term Gains at the Expense of Long-Term Shareholder Value Creation HOUSTON, April 29, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) announced today that it has mailed a letter to shareholders in connection with its 2024 Annual Meeting of Stockholders scheduled to be held on May 14, 2024, urging shareholders to vote the WHITE proxy card “FOR ALL” of Whitestone's highly qualified trustees standing for election.
04/26 06:59 EST - prnewswire.com
EREZ ASSET MANAGEMENT SENDS LETTER TO WHITESTONE REIT SHAREHOLDERS COMMENTING ON THE BOARD'S LACK OF CANDOR
Whitestone's Presentation Twists the Facts and Fails to Address the Company's Significant Underperformance and the Board's Misguided Capital Allocation and Manifest Governance Failures Erez Encourages Whitestone Shareholders to Vote "FOR" Catherine Clark and Bruce Schanzer, Two Experienced Real Estate Executives, and to "WITHHOLD" from David Taylor and Nandita Berry Using the BLUE Proxy Card NEW ROCHELLE, N.Y. , April 26, 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 Whitestone shareholders calling out the Whitestone Board of Trustees (the "Board") for obfuscating facts and ignoring key criticisms.
EREZ ASSET MANAGEMENT SENDS LETTER TO WHITESTONE REIT SHAREHOLDERS COMMENTING ON THE BOARD'S LACK OF CANDOR
Whitestone's Presentation Twists the Facts and Fails to Address the Company's Significant Underperformance and the Board's Misguided Capital Allocation and Manifest Governance Failures Erez Encourages Whitestone Shareholders to Vote "FOR" Catherine Clark and Bruce Schanzer, Two Experienced Real Estate Executives, and to "WITHHOLD" from David Taylor and Nandita Berry Using the BLUE Proxy Card NEW ROCHELLE, N.Y. , April 26, 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 Whitestone shareholders calling out the Whitestone Board of Trustees (the "Board") for obfuscating facts and ignoring key criticisms.
04/24 08:15 EST - globenewswire.com
Whitestone REIT Publishes Investor Presentation Highlighting Execution of Our Strategy to Continue Driving Long Term Sustainable Value Creation
Our Strong, Thoughtfully Refreshed Board Has Executed on Driving Shareholder Value Urges Shareholders to Vote “FOR” ONLY Whitestone REIT's Highly Qualified Trustee Nominees on the WHITE Proxy Card Today HOUSTON, April 24, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that it filed an investor presentation with the Securities and Exchange Commission (the “SEC”) in connection with its 2024 Annual Meeting of Shareholders on May 14, 2024. The presentation is available at https://ir.whitestonereit.com/news-and-events/presentations/default.aspx.
Whitestone REIT Publishes Investor Presentation Highlighting Execution of Our Strategy to Continue Driving Long Term Sustainable Value Creation
Our Strong, Thoughtfully Refreshed Board Has Executed on Driving Shareholder Value Urges Shareholders to Vote “FOR” ONLY Whitestone REIT's Highly Qualified Trustee Nominees on the WHITE Proxy Card Today HOUSTON, April 24, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that it filed an investor presentation with the Securities and Exchange Commission (the “SEC”) in connection with its 2024 Annual Meeting of Shareholders on May 14, 2024. The presentation is available at https://ir.whitestonereit.com/news-and-events/presentations/default.aspx.
04/23 07:00 EST - prnewswire.com
EREZ ASSET MANAGEMENT RELEASES PRESENTATION OUTLINING THE CASE FOR CHANGE AT WHITESTONE REIT
Highlights the Whitestone Board's Performance and Governance Failures and Details How Erez's Trustee Nominees Can Help Restore Value for Shareholders Erez Urges Whitestone Shareholders to Protect Their Investment by Voting "FOR" Catherine Clark and Bruce Schanzer and to "WITHHOLD" from David Taylor and Nandita Berry Using the BLUE Proxy Card View the Presentation at erezassetmgmt.com NEW ROCHELLE, N.Y. , April 23, 2024 /PRNewswire/ -- Erez Asset Management, LLC ("Erez"), a shareholder of Whitestone REIT (NYSE: WSR) ("Whitestone" or the "Company"), today released a presentation outlining the need for change to Whitestone's Board of Trustees (the "Board") and detailing how Erez's trustee nominees, Catherine Clark and Bruce Schanzer, can help to improve the Company's performance and restore value for shareholders.
EREZ ASSET MANAGEMENT RELEASES PRESENTATION OUTLINING THE CASE FOR CHANGE AT WHITESTONE REIT
Highlights the Whitestone Board's Performance and Governance Failures and Details How Erez's Trustee Nominees Can Help Restore Value for Shareholders Erez Urges Whitestone Shareholders to Protect Their Investment by Voting "FOR" Catherine Clark and Bruce Schanzer and to "WITHHOLD" from David Taylor and Nandita Berry Using the BLUE Proxy Card View the Presentation at erezassetmgmt.com NEW ROCHELLE, N.Y. , April 23, 2024 /PRNewswire/ -- Erez Asset Management, LLC ("Erez"), a shareholder of Whitestone REIT (NYSE: WSR) ("Whitestone" or the "Company"), today released a presentation outlining the need for change to Whitestone's Board of Trustees (the "Board") and detailing how Erez's trustee nominees, Catherine Clark and Bruce Schanzer, can help to improve the Company's performance and restore value for shareholders.