Whitestone REIT

Whitestone REIT reported strong financial performance for fiscal year 2025, with total revenues of $160.9 million and net income attributable to Whitestone REIT of $49.9 million. Key drivers included total rental income of $159.3 million, a significant gain on sale of properties of $30.0 million, and a gain on partnership redemption of $2.1 million. The company generated comprehensive income attributable to Whitestone REIT of $44.6 million and net cash provided by operating activities of $50.8 million. As of December 31, 2025, Whitestone REIT owned 56 properties with an aggregate occupancy rate of 95% based on gross leasable area. The company's total assets stood at $1.17 billion, with total equity of $463.9 million and a debt-to-undepreciated book value ratio of 47%. Forward-looking, the company expects to receive approximately $4.0 million in cash from the Pillarstone settlement in 2026.

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