Hartman SPE, LLC, a Houston-based office, retail and industrial real estate firm, filed chapter 11 protection, RealtyNewsReport.com reported. Silver Star Properties REIT is a transitioning company that was formerly affiliated with the Allen Hartman real estate investment organization. At the beginning of 2023, Harman SPE had over 40 office, retail and warehouse properties with about 7 million SF located in Houston, San Antonio and Dallas. Silver Star Properties has been disposing of its Texas-focused commercial property portfolio as it pursues a plan to become a REIT concentrated on self-storage properties. In the 1980s, Houston investor Al Hartman founded the predecessor roots of Hartman Short Term Income Properties XX. Mr. Hartman is no longer with the firm and CEO Mark Torok was replaced recently.
