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NewsApr 9, 20260 views

Ares Management Acquires Whitestone REIT in $1.7B All-Cash Deal

Whitestone REIT, a Houston-based real estate investment trust (REIT) with a shopping center portfolio exclusively invested in Arizona and Texas and a market capitalization of $971 million, is no longer a public company. The REIT announced Thursday it has been purchased by private equity giant Ares M

Source: Commercial Observer

Whitestone REIT, a Houston-based real estate investment trust (REIT) with a shopping center portfolio exclusively invested in Arizona and Texas and a market capitalization of $971 million, is no longer a public company. The REIT announced Thursday it has been purchased by private equity giant Ares Management in an all-cash $1.7 billion deal. The $1.7 […]

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