Skip to content

Hartman Engages Independent Valuation Firm

Hartman Short Term Income Properties XX Inc., a publicly registered non-traded real estate investment trust, announced that its board of directors has engaged WKW Advisors, an independent valuation firm, to assist in determining the estimated per share NAV and a fair value range of Hartman XX’s real estate portfolio.

The valuation is in anticipation of the April 11, 2016 implementation of the new customer account statement rules, FINRA Regulatory Notice 15-02.

The board expects to announce a per-share estimated NAV this month, and the new valuation is expected to appear on April stockholder account statements.

The valuation will be based upon the estimated market value of Hartman XX’s assets, less the estimated market value of the company’s liabilities, divided by the total shares outstanding, and will be performed in accordance with the valuation guidelines established by the Investment Program Association.

Hartman Short Term Income Properties XX, Inc. is a Texas-centric REIT focused on value-add investing in office, retail, and industrial properties. The company currently owns fifteen properties located in Dallas/Ft. Worth, Houston, and San Antonio. According to the January Stanger Market Pulse, the REIT has 132.8 million in investor equity since its inception in February 2010.

For more Hartman related news, visit their directory sponsor page here.