secwatch.observer — SEC 8-K summary
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Issuer:     Whitestone REIT (WSR)
CIK:        0001175535
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0001437749-22-025380
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1175535/000143774922025380/0001437749-22-025380-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1175535/000143774922025380/wstr20220830_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-025380

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