Whitestone REIT Acquired by AREG Wizard Parent | Real Estate Services M&A Deal

AREG Wizard Parent has acquired Whitestone REIT, a real estate services other business in Texas, for $19.00 per share. Whitestone REIT operates as a real estate investment trust with real estate services activities tied to property operations and asset management, supporting AREG Wizard Parent acquisitions in the Texas market. The AREG Wizard Parent acquisitions are structured as a merger acquisition, with Merger Sub and related operating partnership entities completing the merger acquisition of Whitestone REIT. The strategic acquisition is a strategic acquisition by a strategic buyer, with the board of trustees voting unanimously and shareholders receiving $19.00 in cash, without interest, for each common share.