Whitestone REIT Acquired by Ares Real Estate Management Holdings | Real Estate Services M&A Deal

Ares Real Estate Management Holdings has acquired Whitestone REIT, a real estate services other business in Maryland, for $19.00 per share. Whitestone REIT is a Maryland real estate investment trust focused on real estate services, providing property-related investment and operational exposure for shareholders. Ares Real Estate Management Holdings acquisitions in real estate services M&A align with its strategic acquisition of a REIT platform in MD acquisitions. The merger acquisition is structured as a merger acquisition with an Ares affiliate merger sub, with Whitestone shareholders receiving $19.00 in cash without interest. The deal is announced and subject to customary merger acquisition conditions and shareholder approval, with a special meeting scheduled for July 9, 2026.