---
schema_version: "secwatch.filing_event.v1"
accession: "0001175535-22-000077"
form_type: "8-K"
ticker: "WSR"
cik: "0001175535"
company_name: "Whitestone REIT"
filed_at: "2022-05-03T23:59:59+00:00"
generated_at: "2026-06-26T01:16:52.258613+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Whitestone REIT Q1 2022: Revenue $34.1M, FFO $0.30/sh, Same-Store NOI +12.9%

## Summary
- Revenue $34.1M vs $29.0M YoY; net income $7.1M ($0.14 diluted) vs $1.4M ($0.03).
- FFO per diluted share $0.30 (incl. $0.04 one-time comp benefit) vs $0.20 YoY; EBITDAre $21.9M vs $15.3M.
- Same-Store NOI growth 12.9% (vs -4.3% Q1 2021); occupancy 91.0% (up from 88.7%); rental rate growth +10.1%.
- Quarterly dividend raised 11.6% to $0.12/share ($0.48 annualized); reaffirmed FY2022 FFO guidance $0.98-$1.02.
- Total debt $643.2M, $96.2M available on $250M revolver; undepreciated real estate $1.2B.

## SEC filing metadata
- accession: 0001175535-22-000077
- form_type: 8-K
- ticker: WSR
- cik: 0001175535
- company_name: Whitestone REIT
- filed_at: 2022-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1175535/000117553522000077/0001175535-22-000077-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1175535/000117553522000077/wsr-20220503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001175535-22-000077
- JSON: https://secwatch.observer/filing/0001175535-22-000077.json
- Plain text: https://secwatch.observer/filing/0001175535-22-000077.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.