Hartman Income REIT Management, Inc. (“HIRM”) is proud to announce the appointment of Richard J. Vitale, CFA, as its Executive Vice President of Product Distribution and President of Hartman Advisors, LLC, the advisor to Hartman Short Term Income Properties XX, Inc. (“HSTIPXX”)
Prior to joining HIRM and Hartman Advisors, Mr. Vitale was president of both United Realty Trust and United Realty Advisors. Mr. Vitale served nearly 21 years at AEI Capital Corporation, ultimately as a co-owner and EVP of Strategic Business Development. Mr. Vitale also holds the Chartered Financial Analyst designation.
“Rick is a well-respected veteran executive in the alternative investment industry. Having held both executive and ownership positions for the past 23 years, few people in our industry exhibit his same level of effectiveness and comprehensive expertise. His deep understanding of product development and distribution will undoubtedly have a positive and material impact on our footprint within the industry,” said Al Hartman, CEO of HIRM and Hartman Advisors.
Mr. Vitale commented, “I am truly excited to join Hartman and its expert staff of employees. Sponsor experience, integrity, and performance are what really matter in the alternative investment industry, and Hartman delivers high marks in each of those areas. I look forward to leading the firm’s expansion of its product platform, distribution team and presence in the marketplace it serves.”
Hartman Income REIT Management, Inc., a wholly owned subsidiary of Hartman Income REIT, Inc., was founded by long-time industry veteran Al Hartman, and manages a total of 40 commercial real estate properties valued at approximately $500,000,000 located primarily in major metropolitan markets throughout Texas. Hartman XX, a public non-listed REIT, is currently undertaking a $200,000,000 offering being distributed nationwide through FINRA member BD firms and their representatives, as well as registered investment advisors.