Silver Star Properties REIT Files Proxy Statement

TL;DR

Silver Star Properties REIT filed its proxy statement, shareholders might vote soon.

AI Summary

Silver Star Properties REIT, Inc. filed a DEFA14A on September 15, 2025, to provide definitive additional materials. The filing is a proxy statement related to the Securities Exchange Act of 1934. The company, previously known as Hartman Short Term Income Properties XX, Inc., is based in Houston, Texas.

Why It Matters

This filing is a proxy statement, which means shareholders will be asked to vote on certain matters, potentially impacting the company's governance or future direction.

Risk Assessment

Risk Level: low — This is a routine filing of a proxy statement, not indicating immediate financial distress or significant corporate action.

Key Players & Entities

• SILVER STAR PROPERTIES REIT, INC (company) — Registrant
• Hartman Short Term Income Properties XX, Inc. (company) — Former company name
• 20250915 (date) — Filing date

FAQ

Key Financial Figures

• $22 m — cess cash from the SASB refinancing was $22 million, we will get the exact facts thro
• $50 million — ple "badges of fraud," and ultimately a $50 million counter-lawsuit in Harris County, your
• $5 million — s discounted about 25%, or in excess of $5 million for deferred maintenance that could hav
• $259 million — . The Board was forced to refinance a $259 million debt, already in default, a "hidden" st
• $6 million — d bank to refinance the company, saving $6 million annually. We have over $50 million in c

Filing Documents

• defa14a-september152025xdi.htm (DEFA14A) — 63KB
• exhibit991-newsreleasexdir.htm (EX-99.1) — 46KB
• image.jpg (GRAPHIC) — 39KB
• image_0.jpg (GRAPHIC) — 50KB
• signatureofcertaindirectors.jpg (GRAPHIC) — 10KB
• signatureofcertaindirectorsa.jpg (GRAPHIC) — 10KB
• summarydisclosure.jpg (GRAPHIC) — 31KB
• summarydisclosurea.jpg (GRAPHIC) — 31KB
• 0001446687-25-000146.txt ( ) — 347KB

From the Filing

- SEPTEMBER 15, 2025 - DIRECT RESPONSE TO SET THE RECORD STRAIGHT Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under Rule 14a-12 Silver Star Properties REIT, Inc. (Name of Registrant as Specified in Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box) No fee required Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11 (1) Title of each class of securities to which transaction applies (2) Aggregate number of securities to which transaction applies (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined) (4) Proposed maximum aggregate value of transaction (5) Total fee paid Fee paid previously with preliminary materials. Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid (2) Form, Schedule or Registration Statement No. (3) Filing Party (4) Date Filed 1 September 15, 2025, Silver Star Properties REIT, Inc. ("Silver Star" or the "Company") issued a shareholder letter entitled "Direct Response to Set the Record Straight." The News Release delivers a comprehensive response to Al Hartman's September 4, 2025 proxy solicitation, addressing claims raised, and sets forth the Company's strong positions and responses to points raised. The News Releases concludes with an earnest letter directly to shareholder. The letter is structured with focused headings which present principal arguments, and the Company's proposed solutions. Please refer to the full News Release presented below and attached hereto as Exhibit 99.1 for further details. Exhibit Index Exhibit Number Exhibit Description 99.1 News Release - Silver Star Properties REIT, Inc. dated September 15, 2025 2 AN OPEN LETTER TO ALLEN R. HARTMAN CC Silver Star Shareholders DATE September 15, 2025 Received and Read Hartman's Proxy Demand On September 4, 2025, the Board of Directors received the so-called "Demand for Immediate Resignation" distributed by you as part of your ongoing proxy campaign. This so called "letter", filed as soliciting material with the SEC, does not represent the voice of Silver Star's shareholders it represents your interests alone. You are not the class representative of the Silver Star shareholders. The Board of Directors, duly elected, carries the fiduciary duty to act for shareholders. You were never elected to the Board by the shareholders. You were self-appointed, and when finally subjected to a shareholder vote, you were removed. Setting the Record Straight Your Accusations are Rich, indeed Your accusations - fraud, concealment, conversion, self-dealing - are not only false, but staggeringly hypocritical coming from someone with the following documented history You forced the company to pay hush money to silence an employee for your own despicable and indecent exposure. That alone should disqualify you from serving in a public corporate environment. You paid yourself dividends without our authorization when no other shareholder received them, breaching corporate and ethical codes. Your nerve is astounding! You cheated employees out of their 401K funds, undermining those who built this company. You misappropriated Silver Star loan proceeds to benefit other personal schemes. The excess cash from the SASB refinancing was $22 million, we will get the exact facts through the Harris County case. You never held a traditional annual shareholder meeting during your entire tenure as CEO, ignoring basic governance and transparency. You failed to deliver on promises made to shareholders, most notably, taking the company public and a merger. 3 You, according to the Maryland court, showed tendencies of dishonesty and lack of credibility. Also, you were noted for attempting to strong-arm Silver Star for your own personal gain. You continue to ignore legal directives, imposing illegal liens, and launching frivolous lawsuits solely to paralyze the business. You refuse to answer for your deeds in a court ordered deposition talk about hiding the ball. You, as a director, while you had a fiduciary duty to Silver Star stockholders, filed illegal lis pendens against company assets. Even the Court

View Full Filing

View this DEFA14A filing on SEC EDGAR