Whitestone REIT Refinances Nine Properties, Obtains $13M in Proceeds
ByAinvest
Sunday, Feb 1, 2026 3:48 pm ET1min read
WSR--
Whitestone REIT refinanced nine Houston properties, obtaining $13 million in proceeds to pay off higher-cost debt maturing in 2014. The company lowered its overall cost of capital by securing a $37 million loan with a fixed rate of 3.76% and a 7-year term. Loan proceeds will be used to pay off existing debt maturing in 2013 and 2014.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet