공고 • Apr 09
Motion for Asset Sale Filed by Whitestone Uptown Tower, LLC Whitestone Uptown Tower, LLC filed a motion in the US Bankruptcy Court for the sale of its certain assets on April 8, 2025. The debtor seeks the Court’s approval for the sale of its certain assets to Bradford Property Company, Inc. for a purchase price of $20 million. The debtor’s assets include a twelve-story, 253,000 square-foot office tower located at 4144 North Central Expressway in Dallas, Texas. The earnest money deposit in the amount of $0.10 million. The debtor marked the property, with Weitzman earning a 2% commission, and the sale will cover all claims. 공고 • Feb 27
Motion for Asset Sale Approved for Whitestone Uptown Tower, LLC The US Bankruptcy Court gave an order approving the sale of the certain assets of Whitestone Uptown Tower, LLC on February 27, 2025. The debtor has been authorized to sell certain assets to Bradford Property Company, Inc. for a purchase price of $20.5 million. The Debtor seeks to sell its primary asset, a twelve-story, 253,000 square-foot office tower located at 4144 North Central Expressway in Dallas, Texas. 공고 • May 11
First Motion for Exclusivity Period Extension Filed by Whitestone Uptown Tower, LLC Whitestone Uptown Tower, LLC filed a first motion in the US Bankruptcy Court seeking the extension of its exclusivity periods on May 9, 2024. As per the motion, the debtor seeks to extend its exclusivity period to solicit votes on its plan by 90 days i.e. up to May 9, 2024. The debtor’s current solicitation period would expire on August 27, 2024. 공고 • May 10
First Amended Reorganization Plan and Disclosure Statement Filed by Whitestone Uptown Tower, LLC Whitestone Uptown Tower, LLC filed first amended plan of reorganization with related disclosure statement in the US Bankruptcy Court on May 8, 2024. As per the plan filed, there is no change in the treatment of claims. 공고 • Mar 14
Motion for Asset Sale Filed by Whitestone Uptown Tower, LLC Whitestone Uptown Tower, LLC filed a motion in the US Bankruptcy Court for the sale of substantially all assets on March 12, 2024. The debtor seeks the Court’s approval for the sale of substantially all assets to successful bidder, for a consideration to be paid for no less than $26 million in cash pursuant to the asset purchase agreement. To qualify as a qualified bidder, interested parties should submit their bids by May 17, 2024, along with good-faith deposit in the amount of 1% of the bid price. The initial minimum overbid should be shall be $0.20 million more than purchase price. The debtor has scheduled an auction on June 4, 2024. At the auction, the subsequent bids would be in increments of $0.20 million. 공고 • Mar 06
Affiliate Company Joined Whitestone Uptown Tower, LLC Bankruptcy Five affiliate debtors filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Northern District of Texas on March 4, 2024. The affiliates include Pillarstone Capital REIT, Pillarstone Capital REIT Operating Partnership, LP, Whitestone CP Woodland Ph. 2, LLC, Whitestone Offices LLC and Whitestone Industrial-Office LLC. The debtors are represented by Joyce W. Lindauer of Joyce W. Lindauer Attorney, PLLC as their legal counsel. 공고 • Jul 26
Pillarstone Capital REIT Announces Executive Appointments On July 21, 2022, Pillarstone Capital REIT’s Board of Trustees appointed Bradford D. Johnson as President and Trustee, and also appointed and William J. Carter as Chief Operating Officer. Bradford D. Johnson has 40 years of experience in debt and equity capital markets, portfolio asset management and commercial development for domestic and international public and private REITs, pension funds and corporations with office, retail, industrial, senior living, student housing, multi-family apartments, and single-family rental operations in the U.S. Most recently, he served as Executive Vice President of Acquisitions and Asset Management for Whitestone REIT from 2010 – Feb. 2022. Prior to Whitestone, Mr. Johnson held the positions of VP of Acquisitions and Development with Campus Living Villages Funds; Director of Finance & Capital Markets for Place Properties; Managing Director and CFO for Matrix Healthcare Development Inc.; VP Development Manager for Robert Patillo Properties; VP Asset & Portfolio Management, SE Region USA for Lendlease North America, formerly known as The Yarmouth Group Inc.; and began his career as an Associate Financial Analyst, Property Finance Group for LaSalle Partners, a predecessor firm of Jones Lang LaSalle; and Income Property Broker for Marcus & Millichap. Mr. Johnson holds a Bachelor of Arts degree from Baylor University with a concentration in Business. William J. Carter has more than 40 years of experience in commercial real estate. Prior to joining Pillarstone, he was President and Owner of Columbia Capital LLC, which provides short-term bridge loans to real estate professionals since 2013. His previous experience includes serving as Group Vice President for Continental Illinois Bank with divisional responsibility for a $2 billion construction loan portfolio and managerial responsibility for 30 real estate professionals; CEO and President for Granada Construction Corporation, a regional apartment development company, where he developed more than 5,000 apartment units and sourced in excess of $300 million debt and equity capital; Managing Member for De Morgan Capital, a venture with a British pension fund to acquire real estate, source capital and provide advisory services; senior analyst for Real Estate Research Corporation, an international real estate consulting firm; and Executive Officer for Jupiter Realty, Major Realty and Brencor LLC. Mr. Carter holds a Bachelor of Business Administration degree from the University of Georgia. 공고 • Apr 21
Pillarstone Capital REIT, Annual General Meeting, Jun 27, 2022 Pillarstone Capital REIT, Annual General Meeting, Jun 27, 2022, at 10:00 Central Standard Time. Location: 2121 Ashland Avenue, Evanston Illinois United States Agenda: To elect one Class I trustee to the Board of Trustees to serve a three-year term ending at the annual meeting of shareholders in 2025 and until his successor, if any, are elected and qualified; to adopt and approve the Company's Shareholder Rights Plan; to hold a non-binding advisory vote on the executive compensation of the Company's named executive officers; to hold a non-binding advisory vote on the frequency of future advisory votes on executive compensation of the Company's named executive officers; to ratify the appointment of Pannell Kerr Forster of Texas, P.C. as our independent registered public accounting firm for the fiscal year ending December 31, 2022; and to transact such other business as may properly come before the Annual Meeting of Shareholders or any adjournment of postponement thereof. 공고 • Sep 29
Netlink International Inc. was acquired by Stonehaven Realty Trust for $3.2 million. Netlink International Inc. was acquired by Stonehaven Realty Trust for $3.2 million on February 23, 2000. NETLink will be a Stonehaven subsidiary. The NETLink acquisition was structured as an all-stock and option deal. NETLink's CEO Odeh Muhawesh will continue as CEO of NETLink and will become a member of Stonehaven's board of directors. Mary Henschel will continue as president of NETLink, and Ann Wessels, NETLink's CFO, now holds the same position at Stonehaven. A total of 37 NETLink technology professionals were added to the team at Stonehaven. Stonehaven expects the acquisition to accelerate its growth rate and add to projected calendar 2000 earnings. Messerli & Kramer P.A. acted as a legal advisor to Pillarstone Capital REIT in the deal.
Netlink International Inc. was acquired by Stonehaven Realty Trust on February 23, 2000.