The broader markets continued their decline Friday, May 25, as a dip in oil prices exerted pressure on energy securities.
Self-storage real estate investment trust Extra Space Storage Inc.'s board hiked its quarterly distribution 10.3% to 86 cents per common share for the second quarter.
Extra Space shares gained 0.053% to close at $95.15.
Robert W. Baird & Co. Inc. analyst RJ Milligan discontinued coverage of Whitestone REIT, citing a need to "devote more resources to other areas of our coverage universe."
In a May 25 note, the analyst said the final rating on the shopping center real estate investment trust before discontinuation was "underperform."
Shares of Whitestone REIT closed at $12.10, a gain of 0.17%.
Moody's affirmed all of the ratings of healthcare real estate investment trust Ventas Inc. and its units, with a stable outlook.
Ventas shares rose 1.00% to end the day at $53.62.

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The Week in US Real Estate: Blackstone continues buying spree; Kushner negotiating debt deal for NY tower: The May 25 weekly news roundup in the North American real estate space also features activist investor Land and Buildings receiving proxy adviser support for its proposed changes at Taubman Centers.
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