WHITESTONE REIT overview

MCB Withdraws Proposal to Acquire Whitestone Due to Whitestone Board's Entrenchment and Refusal to Engage PR Newswire BALTIMORE, Nov. 18, 2024 Calls on Independent Trustees of Whitestone to Initiate Strategic Review Process to Maximize Value for Whitestone Shareholders Reminds Trustees of the Whitestone Board's Fiduciary Duties BALTIMORE , Nov. 18, 2024 /PRNewswire/ -- MCB Real Estate ("MCB"), a leading commercial real estate developer and investment management firm with a diverse nationwide...

MCB Calls on Whitestone to Maximize Shareholder Value PR Newswire BALTIMORE, Oct. 31, 2024 The Whitestone Board Has Summarily Rejected and Refused to Engage Regarding MCB's Improved $15.00 per Share All-Cash Proposal, which would Deliver a 14.5% Premium to Whitestone Shareholders MCB Urges the Whitestone Board and Management Team to Cease their Entrenchment Tactics and Answer Shareholders' Questions MCB Calls on Whitestone Shareholders to Make their Voices Heard; Visit...

MCB Real Estate Increases Proposal to Acquire Whitestone REIT to $15.00 Per Share in Cash and Seeks Board Engagement PR Newswire BALTIMORE, Oct. 9, 2024 Proposal Would Deliver Immediate and Certain 14.5% Premium to Whitestone Shareholders Compared to Share Price Prior to Initial Proposal Per Share Price Represents a 61.8% Premium to Whitestone's Unaffected Share Price Prior to Takeover Rumors Sends Letter to Whitestone Board Detailing Compelling and Certain Value of All-Cash Proposal Launches...

EREZ ASSET MANAGEMENT OUTLINES SPECIFIC INITIATIVES ITS NOMINEES WILL ADVANCE IF ELECTED TO WHITESTONE REIT BOARD PR Newswire NEW ROCHELLE, N.Y., May 9, 2024 Whitestone's Inexperienced Board is Responsible for Years of Underperformance Driven by Uneconomic Capital Allocation, Inattentive Financial and Management Oversight, and Retrograde Corporate Governance Erez's Two Trustee Nominees Have the REIT Capital Markets, Shopping Center, and Public Company Board Experience Necessary to Create...

EREZ ASSET MANAGEMENT SENDS LETTER TO WHITESTONE SHAREHOLDERS QUESTIONING RECENT CONDUCT OF WHITESTONE REIT BOARD PR Newswire NEW ROCHELLE, N.Y., May 8, 2024 Whitestone Seeks to Distract Shareholders from its Board and Management's Many Failings and Scandals by Promoting a False Narrative About Erez's Intentions Urgent Change is Desperately Needed at Whitestone , with New Trustees that Bring Relevant REIT Capital Markets and Shopping Center Experience, to Create Long-Term Value for Shareholders...

EREZ ASSET MANAGEMENT RESPONDS TO FALSE ACCUSATIONS IN WHITESTONE REIT'S PRESS RELEASE PR Newswire NEW ROCHELLE, N.Y., May 6, 2024 Reiterates the Need for Change at Whitestone, the Shopping Center REIT that Trades at the Biggest Discount to NAV of its Cited Peers Notes the Irony of a Board Filled with Undisclosed Former Service Providers to Mr. Mastandrea Claiming that One Call with Mr. Mastandrea Constitutes "Collusion" Encourages Whitestone Shareholders to Vote "FOR" Catherine Clark and Bruce...

LEADING PROXY ADVISORY FIRM ISS RECOMMENDS WHITESTONE REIT SHAREHOLDERS VOTE FOR CHANGE USING EREZ ASSET MANAGEMENT'S BLUE PROXY CARD PR Newswire NEW ROCHELLE, N.Y., April 30, 2024 ISS Finds that Erez Makes a "Compelling Case" and Erez Nominee Bruce Schanzer Would Bring Relevant Shopping Center REIT Experience, an Independent Perspective, and a History of Engaging Collaboratively with Shareholders to the Board Erez Encourages Whitestone Shareholders to Vote "FOR" Catherine Clark and Bruce...

EREZ ASSET MANAGEMENT SENDS LETTER TO WHITESTONE REIT SHAREHOLDERS COMMENTING ON THE BOARD'S LACK OF CANDOR PR Newswire NEW ROCHELLE, N.Y., April 26, 2024 Whitestone's Presentation Twists the Facts and Fails to Address the Company's Significant Underperformance and the Board's Misguided Capital Allocation and Manifest Governance Failures Erez Encourages Whitestone Shareholders to Vote "FOR" Catherine Clark and Bruce Schanzer , Two Experienced Real Estate Executives, and to "WITHHOLD" from David...