Whitestone REIT (WSR) is a $560 million market cap shopping center real estate investment trust that concentrates on properties in high-growth and income metropolitan areas. Their business model is essentially the same as Kimco Realty (KIM) for those seeking a more well-known peer comparison. The 8% monthly-paid dividend is attractive, but I see a number of issues with the underlying business that make me hesitant to jump on the bandwagon.
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With shares of Whitestone REIT at recent highs I thought that shares were worth a look to see