Whitestone REIT Files 8-K for Material Definitive Agreement

TL;DR

Whitestone REIT just signed a big deal, filing an 8-K for a material definitive agreement.

AI Summary

On September 19, 2025, Whitestone REIT entered into a material definitive agreement related to a financial obligation. The company, incorporated in Maryland with its principal executive offices in Houston, Texas, filed this 8-K report to disclose this event. The filing also includes financial statements and exhibits.

Why It Matters

This filing indicates a significant new financial commitment or obligation for Whitestone REIT, which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements and financial obligations can introduce new risks related to debt, covenants, or operational changes.

Key Numbers

• 001-34855 — SEC File Number (Identifies the company's filings with the SEC.)
• 76-0594970 — IRS Employer Identification No. (Company's tax identification number.)

Key Players & Entities

• Whitestone REIT (company) — Registrant
• September 19, 2025 (date) — Date of earliest event reported
• Maryland (jurisdiction) — State of incorporation
• Houston, Texas (location) — Principal executive offices

FAQ

Key Financial Figures

• $0.001 — ares of Beneficial Interest , par value $0.001 per share WSR New York Stock Exchang
• $375.0 million — mprised of the following two tranches: $375.0 million unsecured revolving credit facility wit
• $83.2 million — ing, the Company used (i) approximately $83.2 million of proceeds from the Term Loan to repay
• $285 million — secured revolving credit facility, (ii) $285 million of proceeds from the Term Loan to refin
• $6.8 million — any's Term Loan and (iii) approximately $6.8 million from the Term Loan towards fees and exp

Filing Documents

• wstr20250922_8k.htm (8-K) — 38KB
• ex_863357.htm (EX-10.1) — 1240KB
• ex_863402.htm (EX-99.1) — 25KB
• 0001437749-25-029724.txt ( ) — 1640KB
• wstr-20250919.xsd (EX-101.SCH) — 3KB
• wstr-20250919_def.xml (EX-101.DEF) — 11KB
• wstr-20250919_lab.xml (EX-101.LAB) — 15KB
• wstr-20250919_pre.xml (EX-101.PRE) — 11KB
• wstr20250922_8k_htm.xml (XML) — 3KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement On September 19, 2025, Whitestone REIT (the "Company"), through its operating partnership, Whitestone REIT Operating Partnership, L.P. (the "Operating Partnership"), entered into an unsecured credit facility (the "2025 Facility") pursuant to that certain Fourth Amended and Restated Credit Agreement (the "A&R Credit Agreement"), dated September 19, 2025, by and among the Operating Partnership, the Guarantors from time to time parties thereto, the several financial institutions from time to time party thereto and Bank of Montreal, as administrative agent (the "Administrative Agent"). The A&R Credit Agreement amends and restates that certain Third Amended and Restated Credit Agreement, dated September 16, 2022 with the Administrative Agent, and the other agents and lenders named therein (as amended, restated, supplemented or otherwise modified prior to September 19, 2025, the "Existing Credit Agreement"). The 2025 Facility is comprised of the following two tranches: $375.0 million unsecured revolving credit facility with a maturity date of September 19, 2029, with two six-month options to extend the maturity date to September 19, 2030 (the "Revolver"); and $375.0 million unsecured term loan with a maturity date of January 31, 2031 ("Term Loan"). Borrowings under the 2025 Facility accrue interest (at the Operating Partnership's option) at a Base Rate or Term SOFR plus an applicable margin based upon the Company's then existing leverage. Based on the Company's current leverage ratio, the Revolver has an initial interest rate of Term SOFR plus 1.40%. In addition, the Company entered into interest rate swaps to fix the Term SOFR rates on the Term Loan. The Term Loan has the following interest rates: 3.40% (Term SOFR) plus 1.35% (current applicable margin) through September 30, 2026 3.36% (Term SOFR) plus 1.35% (current applicable margin) from October 1, 2026 through January 31, 2028 3.42% (Term SOFR) plus 1.35%

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On September 22, 2025, the Company issued a press release related to the Company's and the Operating Partnership's entry into the A&R Credit Agreement. A copy of the press release is filed herewith as Exhibit 99.1. The information furnished in Item 7.01 and the attached Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), is not subject to the liabilities of that section and is not deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 10.1 Fourth Amended and Restated Credit Agreement and Incremental Term Loan Joinder dated September 19, 2025, by and among Whitestone REIT Operating Partnership, L.P., as the borrower, Whitestone REIT et.al. as guarantors, the lenders party thereto, and Bank of Montreal, as Administrative Agent. 99.1 Press Release of Whitestone REIT, dated September 22, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Whitestone REIT (Registrant) Date: September 23, 2025 By: /s/ John S. Hogan Name: John S. Hogan Title: Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR