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    Rob Mette

    Research Analyst at Alliance Global Partners

    Rob Mette is an analyst at Alliance Global Partners, specializing in equity research with coverage in real estate investment trusts, including Whitestone REIT. While specific performance track record metrics and overall analyst rankings are limited, he has participated in earnings calls and contributed to company analysis in his sector. Career history details and prior firm experience are not widely published, and there is no public record of professional recognition or awards, but he actively covers companies as part of his investment analysis role at Alliance Global Partners. Available information does not confirm the status of his securities licenses or FINRA registration.

    Rob Mette's questions to Whitestone (WSR) leadership

    Rob Mette's questions to Whitestone (WSR) leadership • Q4 2024

    Question

    Rob Mette from Alliance Global Partners asked for clarification on the expected capital spend for redevelopment in 2025, the underwriting yields on these projects, and the expected run rate for maintenance CapEx.

    Answer

    CEO David Holeman confirmed that redevelopment activity will occur in 2025 at a level slightly higher than historical spend. He detailed an intensive underwriting process, targeting double-digit returns and 20-30% rent increases, using the Williams Trace project as an example. For maintenance CapEx, CFO J. Scott Hogan advised using the average of the last 2-3 years as a guide for the future run rate.

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