Whitestone REIT receives $33.4M from Pillarstone settlement; pays down revolver

Whitestone REIT

Received $33.4M from Pillarstone Capital REIT settlement after bankruptcy court approval.
Whitestone expects additional ~$4.0M cash and excess from $2.5M reserves in 2026.
On Dec 12, Whitestone paid down its revolver balance by $33.4M using the proceeds.
CEO cites strengthening balance sheet; reaffirms 5-7% annual Core FFO per share growth target.
Since Q3, acquired two properties (World Cup Plaza, Ashford Village) and disposed of Kempwood Plaza.

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