secwatch.observer — SEC 8-K summary
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Issuer:     Whitestone REIT (WSR)
CIK:        0001175535
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0001437749-24-024136
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Whitestone REIT Q2 Core FFO $0.24 vs $0.21; same-store NOI +6.6%; guidance raised
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- Revenue $37.6M (+3% YoY); Core FFO per share $0.24 vs $0.21; same-store NOI grew 6.6% to $24.1M.
- Occupancy 93.5%; GAAP leasing spreads: new 33.3%, renewals 13.9%; portfolio base rent/sq ft up 5.4% to $24.00.
- 2024 net income guidance raised to $21.4M-$24.4M (from $16.6M-$19.6M); Core FFO guidance unchanged at $0.98-$1.04.
- Quarterly dividend maintained at $0.12375/sh; debt $666.7M with $115M revolver availability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1175535/000143774924024136/0001437749-24-024136-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1175535/000143774924024136/wstr20240612_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-024136

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