Whitestone REIT (WSR): history, ownership, mission, how it works & makes money

Whitestone REIT (WSR) Information


A Brief History of Whitestone REIT (WSR)

Whitestone REIT (WSR) is a real estate investment trust that focuses on acquiring, owning, managing, and redeveloping commercial properties in culturally diverse markets. The company was founded in 1998 and is headquartered in Houston, Texas.

  • 2004: Whitestone REIT went public, trading on the New York Stock Exchange under the ticker symbol WSR.
  • 2006: The company acquired its first properties in Houston, Texas.
  • 2010: Whitestone REIT expanded its portfolio by acquiring properties in Phoenix, Arizona.
  • 2012: The company continued its growth by acquiring properties in Dallas, Texas.
  • 2015: Whitestone REIT acquired properties in Chicago, Illinois, further diversifying its portfolio.
  • 2018: The company celebrated its 20th anniversary and continued to focus on strategic acquisitions and property management.

Today, Whitestone REIT owns a diverse portfolio of properties in high-growth markets throughout the United States. The company's mission is to provide innovative and flexible real estate solutions that help businesses thrive and communities prosper.



Who Owns Whitestone REIT (WSR)

Whitestone Real Estate Investment Trust (WSR) is a publicly traded real estate investment trust that owns and operates commercial properties in culturally diverse markets in major metropolitan areas. The company focuses on community-centered properties that cater to the needs of local businesses and residents.

Whitestone REIT (WSR) is owned by a combination of institutional investors, individual investors, and insiders. The largest shareholders of the company include institutional investors such as The Vanguard Group, BlackRock Inc., and Dimensional Fund Advisors LP.

  • The Vanguard Group: The Vanguard Group is one of the largest investment management companies in the world and holds a significant stake in Whitestone REIT (WSR).
  • BlackRock Inc.: BlackRock Inc. is a global investment management corporation that is also a major shareholder of Whitestone REIT (WSR).
  • Dimensional Fund Advisors LP: Dimensional Fund Advisors LP is an investment firm known for its quantitative investment strategies and holds a substantial position in Whitestone REIT (WSR).

Additionally, insiders of the company, including executives, directors, and employees, also own a portion of Whitestone REIT (WSR). These insiders have a vested interest in the success of the company and play a key role in its strategic decision-making processes.



Whitestone REIT (WSR) Mission Statement

Whitestone REIT's mission is to create communities that thrive by providing innovative real estate solutions that enhance the quality of life for our tenants, employees, and shareholders. We are committed to fostering a welcoming and sustainable environment for businesses to grow and prosper.

Our core values drive everything we do:

  • Integrity: We conduct business with honesty, transparency, and a strong moral compass.
  • Innovation: We constantly seek new ways to improve and adapt to the evolving needs of our tenants and communities.
  • Collaboration: We believe in the power of working together to achieve our goals and create lasting relationships.
  • Responsibility: We are committed to environmental sustainability and giving back to the communities we serve.

By staying true to our mission and values, Whitestone REIT strives to be a trusted partner in the real estate industry and a positive force for growth and development in the communities we serve.



How Whitestone REIT (WSR) Works

Whitestone REIT (WSR) is a real estate investment trust that focuses on acquiring, owning, and operating commercial properties in culturally diverse markets. The company's goal is to create value for its shareholders through its unique business model and strategic approach to property management.

One of the key aspects of how Whitestone REIT works is its community-centered approach to property management. The company seeks to create vibrant, mixed-use properties that cater to the needs and preferences of the local community. This includes offering a mix of retail, office, and residential spaces that are tailored to the specific demographics and cultural nuances of each market.

Another important aspect of Whitestone REIT's business model is its focus on long-term sustainability. The company aims to generate stable and growing income streams by investing in properties with strong growth potential and by actively managing its portfolio to maximize returns. This includes implementing cost-saving measures, optimizing rental rates, and staying ahead of market trends.

  • Property Acquisition: Whitestone REIT acquires properties in high-growth markets with strong demographic fundamentals. The company looks for properties that have the potential to generate stable cash flows and appreciate in value over time.
  • Property Management: Whitestone REIT is actively involved in managing its properties to ensure they are well-maintained, fully leased, and generating maximum returns. This includes providing a high level of customer service to tenants and continuously improving the tenant experience.
  • Community Engagement: Whitestone REIT works closely with local communities to understand their needs and preferences. The company actively engages with tenants, residents, and other stakeholders to create a sense of belonging and to enhance the overall quality of life in its properties.

Overall, Whitestone REIT operates with a focus on creating value for its shareholders, tenants, and communities alike. By investing in high-quality properties, actively managing its portfolio, and engaging with local stakeholders, the company has established itself as a leading player in the commercial real estate market.



How Whitestone REIT (WSR) Makes Money

Whitestone REIT (WSR) is a real estate investment trust (REIT) that generates its revenue primarily through the ownership, operation, and development of commercial properties. Here are some of the key ways in which Whitestone REIT makes money:

  • Rental Income: The primary source of revenue for Whitestone REIT is through leasing its commercial properties to tenants. Tenants pay rent on a regular basis, which provides a steady stream of income for the company.
  • Property Operations: In addition to rental income, Whitestone REIT also generates revenue through property operations. This includes fees for services such as maintenance, utilities, and property management.
  • Property Development: Whitestone REIT also earns money through property development activities. This may involve acquiring land, building new properties, or renovating existing ones to increase their value and rental potential.
  • Acquisitions and Dispositions: Another way in which Whitestone REIT makes money is through the acquisition and disposition of properties. By buying properties at a lower price and selling them at a higher price, the company can realize capital gains.
  • Financing Activities: Whitestone REIT may also generate revenue through financing activities, such as obtaining loans or issuing bonds to fund property acquisitions or developments. Interest income from these financing activities can contribute to the company's overall revenue.

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