---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-025380"
form_type: "8-K"
ticker: "WSR"
cik: "0001175535"
company_name: "Whitestone REIT"
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T17:11:43.554477+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Whitestone REIT Q3 2022: FFO $0.24/sh, occupancy all-time high 92.5%, raises FFO guidance

## Summary
- Revenue $35.4M (+9% YoY); net income $3.9M ($0.08/sh); FFO $0.24/sh; EBITDAre $19.4M.
- Same-store NOI +4.5% to $21.6M; occupancy all-time high 92.5%; rental rate growth 19.2%.
- 2022 FFO guidance narrowed to $1.00-$1.02/sh; same-store NOI growth guidance raised to 5-7%.
- Quarterly dividend raised 11.6% to $0.12/sh ($0.04 monthly); payable Oct/Nov/Dec 2022.
- Total debt $637.1M; $126.4M available under $250M revolver; undepreciated RE assets $1.2B.

## SEC filing metadata
- accession: 0001437749-22-025380
- form_type: 8-K
- ticker: WSR
- cik: 0001175535
- company_name: Whitestone REIT
- filed_at: 2022-11-01T23:59:59+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/1175535/000143774922025380/0001437749-22-025380-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1175535/000143774922025380/wstr20220830_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-025380
- JSON: https://secwatch.observer/filing/0001437749-22-025380.json
- Plain text: https://secwatch.observer/filing/0001437749-22-025380.txt

## Key facts
- Earnings Releases
  Whitestone REIT reported 2022 Full Year results: net income Net income attributable to Whitestone REIT per share $0.35 - $0.38.
  - Period: 2022 Full Year
  - Net income: Net income attributable to Whitestone REIT per share $0.35 - $0.38
  - Result: guidance update
  source text: The Company narrows its previously released guidance for 2022 and estimates that U.S. generally accepted accounting principles (“GAAP”) net income available to common shareholders will be within the range of $0.35 to $0.38 per diluted share, and FFO will be within the range of $1.00 to $1.02 per diluted share and OP Unit.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1175535/000143774922025380/0001437749-22-025380-index.htm
- Earnings Releases
  Whitestone REIT reported three and nine months ended September 30, 2022 results: revenue $35.4 million, net income $3.9 million, or $0.08 per diluted share, EPS $0.08 per diluted share.
  - Period: three and nine months ended September 30, 2022
  - Revenue: $35.4 million
  - Net income: $3.9 million, or $0.08 per diluted share
  - EPS: $0.08 per diluted share
  - Result: reported results
  source text: • Revenues of $35.4 million versus $32.4 million for the third quarter of 2021. • Net Income attributable to common shareholders of $3.9 million, or $0.08 per diluted share, versus $2.9 million, or $0.06 per diluted share for the third quarter of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1175535/000143774922025380/0001437749-22-025380-index.htm

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