Correction: Hartman Income REIT Opens New Capital Fund to Investors
Houston, TX, July 28, 2022 (GLOBE NEWSWIRE) -- The Hartman Companies (Hartman), a Texas-based commercial real estate sponsor, launched The Hartman ...
Houston, TX, July 28, 2022 (GLOBE NEWSWIRE) -- The Hartman Companies (Hartman), a Texas-based commercial real estate sponsor, launched The Hartman Capital Fund (the 'Fund'), an initial $12.5m equity fund (subject to an increase of up to $25m) to provide short-term bridge-financing to affiliated Delaware Statutory Trust ('DST') programs. The Fund will allow Hartman to deliver more 1031 exchange opportunities to the fast-growing 1031 exchange marketplace, while providing an 8 percent annualized return to its investors and the return of 100 percent of their initial investment once the 1031 exchange DST offerings are fully subscribed.