Whitestone REIT (WSR)

Whitestone REIT (WSR -1.61%), which owns and operates community-focused open-air retail centers in the Sun Belt, released its earnings on July 30, 2025. The company reported Core Funds from Operations (FFO) per share of $0.26 (non-GAAP), far exceeding the analyst consensus of $0.08 (non-GAAP).

Whitestone REIT (NYSE:WSR ) Q2 2025 Earnings Conference Call July 31, 2025 8:30 AM ET Company Participants Christine C. J. Mastandrea - President & COO David K.

Whitestone (WSR) came out with quarterly funds from operations (FFO) of $0.26 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to FFO of $0.24 per share a year ago.

HOUSTON, July 30, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the second quarter and year-to-date 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 Sun Belt.

Whitestone REIT excels through data-driven, localized market selection, disciplined infill strategy, and curated tenant clusters, delivering above-peer NOI growth and high retention. Their tech-enabled, asset-smart approach maximizes value with lower capex, leveraging Placer.ai and ESRGI for tenant and site selection, driving strong leasing spreads. Despite operational excellence, WSR trades at a significant premium to small-cap REIT peers and its own historical average, limiting near-term upside potential.

HOUSTON, July 02, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the second quarter ended June 30, 2025 after the market close on Wednesday, July 30, 2025.

AI adoption will drive long-term value for REITs by boosting efficiency, reducing costs, and expanding profit margins, ultimately raising FFO and fair valuations. Management-intensive REIT sectors—like multifamily, retail, tower infrastructure, and single-family rentals—stand to benefit most from AI-powered operational improvements. Smaller REITs may gain a competitive edge as AI tools help them operate more efficiently, potentially narrowing the gap with larger players.

Ron Kamdem, Morgan Stanley head of U.S. REITS and commercial real estate research, joins 'The Exchange' to discuss AI in CRE and the future of real estate.

WSR expands in Texas with the acquisition of 5000 South Hulen, tapping into one of Fort Worth's top retail corridors.

High-volume asset gives Company a foothold in one of the strongest performing retail corridors in the trade area Acquisition positions Whitestone to benefit from upcoming development, driven by strong neighborhood dynamics HOUSTON, June 17, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR), a neighborhood-focused owner and operator of open-air shopping centers in Texas and Arizona, today announced it has acquired 5000 South Hulen, a 86,907 square-foot shopping center located in Fort Worth, Texas. 5000 South Hulen is situated within one of Fort Worth's strongest performing retail corridors and is just minutes from Interstate 20 and two of the most affluent neighborhoods in the entire trade area—Chisholm Trail Parkway and Mira Vista.

Shopping center REITs show strong fundamentals—high occupancy, rising rents, and solid NOI growth—yet trade at steep discounts to intrinsic value. Current sector valuations are mispriced, with shopping center REITs trading below peers despite superior supply/demand dynamics and AFFO growth. Recent market underperformance is likely unwarranted; if economic uncertainty fades, significant upside exists as shares could rebound to prior highs.

HOUSTON, June 10, 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 third quarter of 2025.   The dividend represents a quarterly amount of $0.135 per share, and an annualized amount of $0.54 per share.

Shopping center vacancies are at historic lows, with demand outpacing supply and little new construction due to prohibitively high building costs. Current rental rates are far below levels needed to justify new development, ensuring tight supply and supporting strong rental growth for existing properties. Shopping center REITs trade at significant discounts to replacement cost and NAV, offering attractive value relative to their underlying asset potential.

HOUSTON, May 29, 2025 (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 2025 REITweek Investor Conference. Mr. Holeman will be hosted by Truist Analyst Anthony Hau.

When Your REIT Will Cut Its Dividend

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.