{"id":7904,"date":"2023-02-15T13:12:26","date_gmt":"2023-02-15T19:12:26","guid":{"rendered":"https:\/\/1reason.com\/re\/whitestone-reit-receives-investment-grade-credit-rating\/7904\/"},"modified":"2023-02-16T07:12:26","modified_gmt":"2023-02-16T13:12:26","slug":"whitestone-reit-receives-investment-grade-credit-rating","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/whitestone-reit-receives-investment-grade-credit-rating\/7904\/","title":{"rendered":"Whitestone REIT Receives Investment Grade Credit Rating"},"content":{"rendered":"<div> (\u201cKBRA\u201d) of BBB- with Stable Outlook.  <\/p>\n<p align=\"justify\">\u201cWe are very pleased to have an investment grade rating from KBRA, which reflects the strength of our enterprise and the progress we have made over the last year,\u201d stated Scott Hogan, Whitestone REIT CFO. \u201cThis investment grade rating will expand our access to additional capital sources at competitive rates and support our ability to pursue future growth opportunities.\u201d<\/p>\n<p align=\"justify\">KBRA completed a though review of Whitestone\u2019s strategy and operations and the report is available on their <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2DOFdGU-jlFWPAvFHq_sfKYMNCqv7D9ig06VY1GzcZbj-36AnI3tIylgZpqgMkR9-il7mZdLrVb4-1usfg5oNg==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"website\">website<\/a> (requires account creation).<\/p>\n<p><strong>About Whitestone REIT<\/strong><\/p>\n<p>Whitestone REIT (NYSE: WSR)is a community-centered real estate investment trust (REIT)that acquires, owns, operates, and develops open-air, retail centers located in some of the fastest growing markets in the country: Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio.<\/p>\n<p>Our centers are convenience focused: merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education and entertainment to the surrounding communities. The Company believes its strong community connections and deep tenant relationships are key to the success of its current centers and its acquisition strategy. For additional information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=TxY-vn-g3NFgQNHIBwqDAlkteSH9VW4tbQuD4sW0CoHFrcKv2yDjU-K1MvuWn3hGDo_eCP0qmIFjvg-AADDcdK4jLxv1fV3-Xlvf2VZO8qoqaTgzB9F2UrkfkLnfe9jAhePvUw-KQPsa4jz7n-h56YRCN_pwoOVKx88rypZL7f0=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"the Company's investor relations website\">the Company&#8217;s investor relations website<\/a>.<\/p>\n<p><strong>Investor and Media Contact:<\/strong><\/p>\n<p>David Mordy<br \/>Director of Investor Relations<br \/>Whitestone REIT<br \/>(713) 435-2219<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=U7z9tJ1fQ35TMrCNuhaXuhUaKL2BVuNtN1TvuP7vfeU70FBBQfSIm_KzlNXLxOY9JJgWKlrDfa3-7MOHjkJZADBrkv066GJTLAFmDsnZE1g=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><u>ir@whitestonereit.com<\/u><\/a><\/p>\n<p><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/MjExNmZiODEtMGQ0MC00OWIyLWE1N2EtNWFhZGQxNGYwNjc5LTEwMzIzMjc=\/tiny\/Whitestone-REIT.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"left\">HOUSTON, Jan. 20, 2023 (GLOBE NEWSWIRE) &#8212; Whitestone REIT (NYSE:WSR) (\u201cWhitestone\u201d or the \u201cCompany\u201d) today announced that it received an investment grade issuer credit rating from Kroll Bond Rating Agency, Inc.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/7904"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=7904"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/7904\/revisions"}],"predecessor-version":[{"id":7930,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/7904\/revisions\/7930"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=7904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=7904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=7904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}