Allen Hartman, CEO of the Hartman family of non-traded REITs, announced to the company that Mark T. Torok, currently COO, General Counsel, and Corporate Secretary, has been selected to succeed him as CEO when he steps down as CEO. An official timetable has not been established for the change, but the parties anticipate a long […]
Hartman XX and vREIT XXI Announces Intention for Merger
November 6, 2020 (Houston)—Hartman Short Term Income Properties XX, Inc. (“Hartman XX”) and Hartman vREIT XXI, Inc. (“vREIT XXI”) announced today that the Boards of the respective companies have affirmatively voted to merge Hartman XX into and with vREIT XXI, with vREIT XXI as the surviving company. Previously the Boards had established special committees to […]
Hartman Short Term Income Properties XX, Inc. Announces Fourth Quarter Distributions for Shareholders
On November 2nd, 2020 the Board of Directors for Hartman Short Term Income Properties XX, Inc. declared its fourth quarter distribution of $0.05833 per share per month, which is approximately $0.70 per share annually. Distributions will be paid on November 30, 2020, December 30, 2020, and January 30, 2021 to shareholders of record. The REIT’s […]
Hartman vREIT XXI, Inc. Announces Fourth Quarter Distributions for Shareholders
On November 2nd, 2020 the Board of Directors for Hartman vREIT XXI, Inc. declared its fourth quarter distribution of $0.00178082 per share per day, which is approximately $0.65 per share annually. Distributions will be paid on November 30, 2020, December 30, 2020, and January 30, 2021 to shareholders of record. The REIT’s portfolio consists of […]
Hartman Reopens Share Redemption Program
On September 25th, 2020, the Board of Directors for Hartman Short Term Income Properties, Inc. (Hartman XX) approved the reopening of the share redemption program for the fourth quarter of 2020. Hartman XX shareholders who choose to submit redemption requests received no earlier than October 1, 2020, will be redeemed during the first quarter of […]
Hartman Merger Positions the Company for Future Success
On May 14, 2020, the shareholders for Hartman Income REIT (HI-REIT), Hartman Short Term Income Properties XIX, Inc. (Hartman XIX) and Hartman Short Term Income Properties XX, Inc. (Hartman XX) voted to approve the mergers of HI-REIT and Hartman XIX into Hartman XX. The merged entity, Hartman XX, has a combined asset value of approximately […]
Hartman Short Term Income Properties XX Inc. Explores Conversion to NAV REIT
The Board of Directors for Hartman Short Term Income Properties XX, Inc. (Hartman XX) and Hartman vREIT XXI, Inc. announced the formation of special committees to explore the possibility of converting Hartman XX, a lifecycle real estate investment trust (REIT), to a perpetual life or net asset value (NAV) REIT. The special committees will consider […]
Hartman vREIT XXI, Inc. Announces Additional Share Classes
On July 27, 2020, Hartman vREIT XXI, Inc. (vREIT XXI), a Texas-centric, value-oriented real estate investment trust (REIT), declared an amendment to its registration statement (S-11) that it previously filed with the SEC effective adding two new share classes, creating new Class I shares and new Class S shares. “The new share classes were created […]
Hartman Promotes Mark T. Torok to Chief Operating Officer, General Counsel and Corporate Secretary
Hartman, sponsor of Texas-centric commercial real estate investment programs with more than $750 million in assets under management, announced the promotion of Mark T. Torok to Chief Operating Officer, and he will retain his duties as General Counsel and Corporate Secretary. In his new position, he will lead the execution of strategies developed by the […]
Hartman Appoints Bernard Vonderhaar II as Managing Director – Institutional Sales
Hartman, sponsor of Texas-centric commercial real estate investment programs with more than $750 million in assets under management, announced the appointment of Bernard (Ben) Vonderhaar II as Managing Director of Institutional Sales. He has more than 20 years of experience in credit, distressed, and energy investing as well as private equity, venture capital, and hedge […]