Silver Star Properties REIT Inc

Silver Star Properties REIT Inc acquires and invests in income-producing commercial real estate properties. The company, a Maryland corporation formed on February 5, 2009, was previously known as Hartman Short Term Income Properties XX, Inc. Its investments have historically been in real estate assets located in the United States, with a strategic focus on properties in Texas. Silver Star Properties REIT Inc recently began an initiative to shift its portfolio away from office, retail, and light industrial assets, and to reposition it into the self-storage asset class. The company currently owns substantially all of its assets and conducts operations through Hartman XX Limited Partnership, a Texas limited partnership, referred to as its operating partnership. Hartman XX REIT GP LLC, a wholly-owned subsidiary, is the sole general partner of the operating partnership. Silver Star Properties REIT Inc elected to be treated as a real estate investment trust (REIT) for federal income tax purposes starting with the taxable year ended December 31, 2011. As of December 31, 2022, the company owned 44 commercial properties, totaling approximately 6,800,000 square feet, along with four pad sites and two land developments, all located in Texas. On May 14, 2020, the company completed mergers with Hartman Short Term Income Properties XIX, Inc., and also with Hartman Income REIT, Inc. and Hartman Income REIT Operating Partnership LP. The effective date of these mergers was July 1, 2020. Property management services are provided through agreements with Hartman Income REIT Management, Inc.