Real Estate News

Whitestone REIT Exposes New Information Revealing that Erez Nominee Bruce Schanzer Colluded with Terminated Whitestone Chairman and CEO James Mastandrea in a Failed Attempt to Acquire Whitestone

Reflects Schanzer’s pattern of lies, deception and self-dealing

Schanzer has been disingenuous and is leading a duplicitous proxy battle

HOUSTON, May 06, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) has received new information revealing that Erez Asset Management (“Erez”) nominee Bruce Schanzer colluded in late 2023 with terminated Whitestone Chairman and CEO James Mastandrea in an attempt to acquire Whitestone.

Vornado Announces First Quarter 2024 Financial Results

NEW YORK, May 06, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today:

Quarter Ended March 31, 2024 Financial Results

NET LOSS attributable to common shareholders for the quarter ended March 31, 2024 was $9,034,000, or $0.05 per diluted share, compared to net income attributable to common shareholders of $5,168,000, or $0.03 per diluted share, for the prior year's quarter.

Matterport Announces First Quarter 2024 Financial Results

Annualized Recurring Revenue hits record $96 million, up 21% year-over-yearNet loss improved 33% year-over-year; Non-GAAP net loss improved 80% year-over-yearCash used in operating activities improved 81% year-over-yearNet Dollar Expansion rate of 107% Total subscribers reach 1.0 million, up 30% year-over-yearSquare feet under management reached 40.7 billion, up 35% from prior year

SUNNYVALE, Calif.

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