AcquisitionApr 8, 2026Completed
🇺🇸 United States
WRWhitestone REITAMAres Management Corporation (AREG Wizard Parent LP)
Real Estate › REITs
Enterprise value$1.7BEnterprise value
AnnouncedApr 8, 2026
ConsiderationCash
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
Whitestone REIT agreed on April 8, 2026 to be merged into an affiliate of Ares Management Corporation (AREG Wizard Parent LP) under a merger agreement.
Deal rationale
The document presents the supplemental disclosures as voluntary, made to moot disclosure claims and avoid delay of the mergers; it does not state the strategic rationale or the price.
AI-generated from the SEC filingCompletedReal Estate › REITsUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $1.7B | Headline figure |
| Consideration | Cash |
Advisors
Buy-side
CCitiMSMorgan Stanley
Sell-side
BOBank of AmericaJSJLL Securities
Parties
Target
WRWhitestone REIT
- Headquarters
- United States
- Ticker
- WSR
Acquirer
AMAres Management Corporation (AREG Wizard Parent LP)
- Headquarters
- United States
- Ticker
- —