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Pillarstone Capital REIT (OTC Pink: PRLE) announced leadership changes on July 21, 2022, appointing Bradford D. Johnson as CEO, along with Dan P. Kovacevic as CFO and William J. Carter as COO. This follows the termination of management agreements with Whitestone TRS on July 19, which will enable Pillarstone to internalize management operations. The company plans to transform into a self-managed entity focusing on multi- and single-family rentals. Johnson brings extensive real estate management experience, aiming to maximize shareholder value.
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