secwatch.observer — SEC 8-K summary
======================================

Issuer:     Whitestone REIT (WSR)
CIK:        0001175535
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0001437749-22-018466
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Whitestone REIT Q2 2022: record occupancy 91.5%, Same-store NOI up 8%, FFO per share $0.25
--------------------------------------------------------------------------------

- Revenue $35.0M (+14.4% YoY); Net income $4.3M ($0.09 diluted) vs $5.1M ($0.12) in Q2 2021.
- Same-store NOI $21.8M (+8.0% YoY); occupancy record 91.5% vs 89.9%.
- Rental rate growth 17.4% GAAP (new leases 15.6%, renewals 17.6%); net effective rent per sq ft $21.72 (+8.9% YoY).
- FFO per diluted share $0.25 vs $0.24; EBITDAre $19.2M vs $17.1M.
- Q4 2022 dividend $0.12/share, up 11.6% from Q4 2021; 2022 guidance reaffirmed: FFO $0.98-$1.02.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1175535/000143774922018466/0001437749-22-018466-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1175535/000143774922018466/wstr20220606_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-018466

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer