Hartman SPE, LLC

  1. March 21, 2024

    Reorganized REIT Can't Duck Interest Post-Ch. 11, Judge Says

    Texas real estate investment trust Hartman SPE LLC must pay an additional $870,000 to satisfy a secured lender's claim, a Delaware bankruptcy judge ruled Thursday, finding that even though the mortgage is set to be repaid Friday, Hartman SPE is still responsible for interest until mid-April.

  2. February 23, 2024

    Bankrupt REIT Gets Ch. 11 Reorganization Plan Approved

    A subsidiary of Silver Star Properties REIT Inc. received approval Friday for its Chapter 11 reorganization plan that will channel its remaining property assets into a Delaware subsidiary free and clear of all creditor claims.

  3. September 29, 2023

    Bankrupt REIT Unit Wants 'Abusive Cloud' On Assets Cleared

    A subsidiary of Silver Star Properties REIT Inc. asked a Delaware bankruptcy court this week to rule that a 2.47% minority shareholder of the entity doesn't own interest in commercial properties that are up for sale to refinance debt but are allegedly "clouded' by the member's legal actions.

  4. September 15, 2023

    Silver Star REIT Subsidiary Can't Speed Up Bankruptcy Sales

    A Delaware bankruptcy judge on Friday told a bankrupt subsidiary of Silver Star Properties REIT Inc. to pump the brakes as it moves toward a sale of part of its real estate portfolio, denying a motion to shorten the notice period.

  5. September 14, 2023

    Hartman REIT Opens Ch. 11 In Del. For $217M Debt Rework

    Texas-headquartered real estate investment trust subsidiary Hartman SPE LLC has sought Chapter 11 protection in Delaware, reporting $217 million in secured debt and declaring plans to sell enough of its portfolio to support a refinancing, pay off undisputed creditors and line up exit financing.