Ares completes acquisition of Whitestone REIT for $19 per share in $1.7 billion deal
Ares Management Corporation
Whitestone REIT
Ares Management Corporation ARES | 0.00 | |
Whitestone REIT WSR | 0.00 |
- Ares Real Estate funds completed the acquisition of all outstanding Whitestone REIT common shares and operating partnership units for USD 19 per share or unit.
- The all-cash deal values Whitestone at about USD 1.7 billion.
- The transaction adds 54 convenience-focused retail properties totaling about 4.8 million square feet in fast-growing US markets.
- Whitestone will no longer trade or be listed on any public securities exchange.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ares Management Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202607141645BIZWIRE_USPR_____20260713_BW732399) on July 14, 2026, and is solely responsible for the information contained therein.
