Hartman Income REIT Management, Inc. is proud to announce the appointment of Rich Jennings, President of Realty Capital International LLC, as its IPO Advisor.
Mr. Jennings has served as President of Realty Capital International LLC since he founded the firm in 1991. Under his leadership, Realty Capital International LLC has built a reputation of successfully advising companies in the REIT sector through all aspects of the Initial Public Offering (IPO) process.
Mr. Jennings’ experience includes a 17-year tenure with Goldman, Sachs, & Co. as well as experience with several other financial firms. He is a graduate of both Harvard Business School and Yale University and is a member of ICSC and NAREIT.
“The decision of which IPO Advisor to choose was one we approached with tremendous seriousness. Rich Jennings is the right fit for our company through this process.” said Al Hartman, CEO.
Mr. Jennings commented, “I am pleased to be working with Hartman’s very accomplished management team on its IPO.”
Hartman Income REIT Management, Inc. was founded by long-time industry veteran Al Hartman, and manages more than 40 commercial real estate properties valued at approximately $500,000,000 located primarily in major metropolitan markets throughout Texas. Its current offering, Hartman Short Term Income Properties XX, Inc. (“Hartman XX”), is a $200,000,000 non-traded REIT offering being distributed nationwide through FINRA member BD firms and their representatives, as well as registered investment advisors.
“We continue to evaluate potential liquidity options, including the prospect of merging with the Hartman affiliates Hartman Income REIT, Inc. and Hartman Short Term Income Properties XIX, Inc. followed by a public listing of our common shares on the New York Stock Exchange. We estimate possible timing for such a merger to be during the first half of 2016,” said Al Hartman, CEO.
About Hartman Short Term Income Properties XX, Inc.
Hartman XX is a Texas-centric REIT which owns eleven properties in Dallas/Ft. Worth, Houston, and San Antonio. For additional information about Hartman XX, please visit www.HartmanREITs.com or call Rick Vitale, CFA at 651-491-3693.
The forward-looking statements contained in this news release speak only as of the date of its release. The company does not undertake to revise these forward-looking statements to reflect events after the date of this release.
This release contains certain forward-looking statements. Words such as “anticipates”, “expects”, “intends”, “plans”, “believes”, “seeks”, “estimates”, “may” and “should” and their variations identify forward-looking statements. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements and you should not place undue reliance on any such statements. A number of important factors could cause actual results to differ materially from the forward-looking statements contained in this release. Such factors include those described in the Risk Factors sections of Hartman Short Term Income Properties XX, Inc.’s annual report on Form 10-K and other reports filed with the Securities and Exchange Commission. Forward-looking statements in this document speak only as of the date on which such statements were made, and the company undertakes no obligation to update any such statements that may become untrue because of subsequent events. Such forward-looking statements are subject to the safe harbor protection for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.
THIS PRESS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY SECURITIES.
Securities offered through D. H. Hill Securities, LLLP, Member FINRA/SIPC, 1543 Green Oak Place, Ste. 100, Kingwood, TX 77339. (832) 644-1852.