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Ares to acquire Whitestone REIT for $1.7 Billion

PUBLIC · ARESApr 09, 2026

Acquiring Company

Ares

Acquired Company

Whitestone REIT

Los AngelesHoustonProfessional ServicesEnergyOil And GasFinancial ServicesReal EstateFinanceReal Estate InvestmentVenture CapitalAngel InvestmentRenewable EnergyFintechLendingAsset ManagementReal EstateReal Estate InvestmentHospitality

Description

Ares Management Corporation has entered into a merger agreement to acquire Whitestone REIT for approximately $1.7 billion. Each share of Whitestone will be purchased for $19.00 in cash, reflecting significant premiums over recent share prices. The transaction is expected to close in the third quarter of 2026, pending shareholder approval. Following the acquisition, Whitestone will become a private company.

Company Information

Company

Ares

Location

Los Angeles, California, United States

About

Ares Management Corporation is a global alternative asset manager specializing in private equity, real estate, private debt, and public equity. The firm provides investment management services, directly investing in a diverse range of assets worldwide. With a strong focus on risk-adjusted returns, Ares aims to generate attractive returns for its investors.

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Frequently asked

Who acquired Whitestone REIT?

Whitestone REIT was acquired by Ares, based in Los Angeles. The deal was reported on April 9, 2026. Ares Management Corporation is a global alternative asset manager specializing in private equity, real estate, private debt, and public equity. Ares is publicly traded (ARES) and operates in Professional Services.

When did Ares acquire Whitestone REIT?

Ares's acquisition of Whitestone REIT was reported on April 9, 2026. Ares Management Corporation has entered into a merger agreement to acquire Whitestone REIT for approximately $1.7 billion. Each share of Whitestone will be purchased for $19.00 in cash, reflecting significant premiums over recent share prices. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Whitestone REIT do?

It is privately held, operating in Real Estate, and is based in Houston.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.