Silver Star Properties REIT Shareholder Update Filed

TL;DR

Silver Star Properties REIT filed an update, check it out.

AI Summary

Silver Star Properties REIT, Inc. filed a DEFA14A on October 15, 2025, providing a shareholder update. The filing details the company's business address at 601 Sawyer St. Ste 600, Houston, TX 77007, and its primary business in Real Estate. The company was formerly known as Hartman Short Term Income Properties XX, Inc. before changing its name on September 30, 2008, and later as Silver Star Properties REIT, Inc. on December 21, 2022.

Why It Matters

This filing provides essential information for shareholders regarding the company's operational details and corporate history, including name changes.

Risk Assessment

Risk Level: low — This is a routine filing providing corporate information and updates, not indicating immediate financial risk.

Key Players & Entities

• SILVER STAR PROPERTIES REIT, INC (company) — Registrant
• 601 SAWYER ST. STE 600 (location) — Business Address
• HOUSTON (location) — City
• TX (location) — State
• 77007 (location) — ZIP Code
• Hartman Short Term Income Properties XX, Inc. (company) — Former Company Name

FAQ

Key Financial Figures

• $420 m — l debt reduction, asset sales exceeding $420 million, and sustained growth in its self
• $1.3 million — ated under Hartman's control. More than $1.3 million has been spent on audit work to date, w
• $420 million — debt, stabilized operations, sold over $420 million in legacy assets, and successfully pivo

Filing Documents

• defa14a-october152025xshar.htm (DEFA14A) — 46KB
• exhibit991-october152025xs.htm (EX-99.1) — 29KB
• image_0a.jpg (GRAPHIC) — 50KB
• imagea.jpg (GRAPHIC) — 39KB
• 0001446687-25-000176.txt ( ) — 199KB

From the Filing

- OCTOBER 15, 2025 - SHAREHOLDER UPDATE 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 On October 15, 2025, Silver Star Properties REIT, Inc. ("Silver Star" or the "Company") issued a News Release entitled "Is Hartman Really Aligned with Shareholders" The News Release thanks shareholders for their continued engagement ahead of the October 20, 2025 Annual Meeting and urges all investors to vote the WHITE proxy card. It highlights evidence of Allen Hartman's conduct and actions that conflict with and undermine shareholder interests. The release further clarifies audit delays stem from the complex legacy issues left by Hartman's prior leadership and as the direct results of actions taken by Hartman subsequent to his removal which created significant accounting complexities that have extended the audit process. The release also underscores the Company's continued progress under its current leadership, including substantial debt reduction, asset sales exceeding $420 million, and sustained growth in its self-storage platform. 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 October 15, 2025 - News Release 2 October 15, 2025 Is Hartman Really Aligned with Shareholders Dear Fellow Shareholders, Thank you for your continued support – for your votes, the phone calls, your meetings, your engagement, and for attending our recent shareholder webinar. Your time and attention matter. If you haven't voted yet ahead of the October 20, 2025 Annual Meeting of Shareholders, this is a reminder to do so today at httpsweb.viewproxy.comsilverstarreit2025 . VOTE THE WHITE CARD. Every single vote counts in protecting your investment and the future of Silver Star. Is Hartman Really Aligned with Shareholders As you have seen, as revealed in our filings, presentations, and court filings, we believe Hartman's actions and personality traits tell a clear story. His behavior is manipulative, deceptive, and self-serving. He uses moralistic language to disguise personal motives, seeks control for recognition, and shows a complete lack of empathy – even exposing himself to an employee. His track record is one of rule-breaking, blame-shifting, and reckless disregard for governance. When he says he's "fighting to reclaim what was stolen," remember this nothing was stolen. Silver Star belongs to you – the shareholders. Hartman's obsession with control and revenge has nothing to do with creating value and everything to do with concealing misconduct and avoiding accountability. Court filings and independent investigations tell a disturbing story Hartman misused company funds to enrich himself. He concealed transactions from Silver Star's independent directors. He formed Hartman Advisors II to divert advisory fees, equity stakes, and profits that should have gone to Silver Star. He intimidated employees who questioned him. He withheld disclosures in SEC filings and stamped documents "confidential" to hide his actions. In short, he built a maze of deceit and self-dealing, draining millions from Silver Star to prop up his own empire. These are not the actions of someone "aligned" with shareholders – they are the markers of someone desperate to regain control before the truth fully comes out in court. Why the Audit is Delayed 3 Silver S

View Full Filing

View this DEFA14A filing on SEC EDGAR