From Whitestone REIT CEO on its focus on smaller space tenants and goals for next 12-18 months · · New York Stock Exchange
“One trend we've seen that came out of the pandemic was today people work virtually much more than ever before, and so for Whitestone as an owner of neighborhood centers, we see people spend more time around their homes and we're benefiting from that trend.”
On , Peter Tropoli, General Counsel & Corporate Secretary at WHITESTONE REIT, spoke about pandemic impact during Whitestone REIT CEO on its focus on smaller space tenants and goals for next 12-18 months on New York Stock Exchange.
Peter Tropoli, General Counsel and Corporate Secretary at Whitestone REIT, was referenced in a September 2024 interview with CEO David Holeman, who discussed the company's recent performance and strategy. Holeman stated that Whitestone REIT had undergone a "rough proxy contest," during which the company engaged extensively with shareholders. He described some claims by the dissident as "inaccurate and misleading," but added that the company is "not tone deaf" and has made progress, with plans for further announcements. Holeman also reported that Whitestone REIT had won "a couple litigation matters" and expected to collect on them in the coming months, which he said would help improve the company's balance sheet and lower its debt level. He noted that the company has attracted new institutional investors and emphasized a focus on financial discipline to provide consistent growth.