View Future GrowthSilver Star Properties REIT 過去の業績過去 基準チェック /06Silver Star Properties REITの過去数年間の業績に関するデータが不十分です。主要情報n/a収益成長率n/aEPS成長率Specialized REITs 業界の成長18.00%収益成長率n/a株主資本利益率n/aネット・マージンn/a前回の決算情報30 Sep 2023最近の業績更新更新なしすべての更新を表示Recent updatesお知らせ • Jun 23+ 1 more updateMotion for Asset Sale Filed by Silver Star Virginia Parkway LLCSilver Star Properties REIT, Inc. filed a motion in the US Bankruptcy Court for the sale of certain of its assets on June 22, 2026. The debtor seeks the Court’s approval for the sale of certain of its assets to Black Eye Properties, LLC, the proposed purchaser, for a purchase price of $1.4 million in cash. The debtor’s assets include real property located at 17211 North Freeway, Houston, Texas and certain personalty located thereon. The proceeds from the sale would be deposited into the debtor’s Debtor in Possession Account until further order of the Court.お知らせ • May 29Silver Star Virginia Parkway LLC Filed for BankruptcySilver Star Virginia Parkway LLC filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for Northern District of Texas on May 28, 2026. The debtor listed its assets in the amount of $7.65 million and liabilities in the amount of $5.98 million. The debtor is represented by Robert Thomas DeMarco of DeMarco Mitchell, PLLC as its legal counsels.お知らせ • Nov 18Silver Star Properties REIT, Inc. announced delayed 10-Q filingOn 11/17/2025, Silver Star Properties REIT, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • Oct 29Hartman Group Distributes Letter to ShareholdersOn October 27, 2025, the Hartman Group distributed a letter to shareholders addressing the ongoing issues with Silver Star, highlighting a pattern of deception and accountability concerns. The letter emphasized that Silver Star continues to delay the court-ordered annual meeting for a shareholder vote, misusing shareholder funds in the process. It detailed several critical points, including Silver Star's solicitation of proxy votes without providing audited financial statements for fiscal years 2023 and 2024, despite a Maryland court's ruling against such actions. The letter also pointed out the discriminatory "flip-in" stock distribution that unfairly benefited management while excluding approximately 20% of shareholders. Furthermore, it criticized Silver Star for improperly refusing requests for books and records, which hindered the Hartman Group's ability to contact shareholders during the proxy solicitation. Lastly, the letter revealed that Silver Star's claim of receiving 51% shareholder support for their consent solicitation was misleading, as the Hartman Group had delivered consent revocations from holders of approximately 30% of outstanding shares, indicating that substantially less than 51% supported Silver Star’s actions. The Hartman Group reiterated that the courts had made it clear that no further extensions would be granted for the annual meeting, underscoring the urgency of the situation.お知らせ • Oct 24Allen R. Hartman Sends Letter to Shareholders of Silver Star Properties REITOn October 21, 2025, Allen R. Hartman distributed a letter to the shareholders of Silver Star Properties REIT, Inc., stating that the Company has once again postponed the shareholder meeting this time, indefinitely. He added that this is the sixth time the company has postponed shareholders' right to vote. Six times, they have found excuses to avoid accountability to shareholders.お知らせ • Oct 23Hartman Sends a Letter to the Shareholders of Silver StarOn October 22, 2025, the Hartman Group distributed a letter to shareholders and initiated communication with shareholders of Silver Star, urging them to express their dissatisfaction with the management's financial practices. He highlighted that millions in legal fees are being spent to avoid accountability and delay the shareholder vote, while over $1 million annually is allocated for executive compensation in 2024 for management that has destroyed shareholder value. Furthermore, it was noted that 3 million shares were awarded to Gerald Haddock despite poor performance. According to a whistleblower, shareholder investments are not being directed towards paying vendors who maintain properties or for property improvements and maintenance. Instead, the management is allegedly extracting as much money as possible from the properties to cover legal fees and salaries. Hartman emphasized the need for the Board of Directors to hear directly from shareholders, stating that they are fed up with the destruction of their investment value and the continuous delays. He called for immediate action, including stopping the spending of shareholder money on litigation, paying vendors, holding the postponed shareholder meeting, and ceasing the sale of properties at fire sale prices. Hartman encouraged shareholders to vote the BLUE card to demonstrate their rejection of the current management's actions and to ensure their voices are heard despite the ongoing delays and obstruction.お知らせ • Oct 21Hartman Sends Letter to Shareholders of Silver Star PropertiesOn October 20, 2025, Allen R. Hartman announced that he has sent a letter to shareholders of Silver Star Properties REIT Inc stating that Company was attempted in court to void all its proxy votes and delay the meeting again, the court denied Silver Star’s requested relief, and recommended the Company shareholders to vote for the election of its board nominees rejection of the Company’s alternate strategy proposal, and in favor of liquidating the Company’s assets in an orderly manner in accordance with the terms of its articles of incorporation and returning capital to stockholders.お知らせ • Aug 15Silver Star Properties REIT, Inc. announced delayed 10-Q filingOn 08/14/2025, Silver Star Properties REIT, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • Aug 12+ 1 more updateAllen R. Hartman Files Proxy Statement for Silver Star Properties REITOn August 11, 2025, Allen R. Hartman filed a definitive proxy statement with the SEC to solicit votes for the election of his nominated directors and to reject Silver Star Properties REIT, Inc.'s alternate strategy proposal in favor of liquidating the Company's assets.お知らせ • Aug 01Allen R. Hartman Distributes a Letter to Shareholders of Silver Star Properties REITOn July 31, 2025, Allen R. Hartman filed a definitive proxy statement with the SEC to solicit votes for the election of his nominated directors and to reject Silver Star Properties REIT, Inc.’s alternate strategy proposal in favor of liquidating the Company’s assets and returning capital to shareholders.お知らせ • Jul 25Allen R. Hartman Distributes a Letter to Shareholders of Silver Star Properties REITOn July 24, 2025, Allen R. Hartman announced that Silver Star Properties REIT’s ‘New Direction Plan’ has failed, leading to significant asset value loss and lack of transparency. Allen R. Hartman also urges shareholders to vote for their proposals for transparency and capital return at the upcoming proxy vote.お知らせ • Jul 15Hartman Group Sends Letter to Shareholders of Silver Star Properties REITOn July 14, 2025, Allen R. Hartman sent a letter to shareholders of Silver Star Properties REIT Inc, stating that the Company’s net asset value dropped from $228 million in December 2022 to $20.6 million in March 2025, the decline is attributed to poor management and failed strategies by Haddock and his colleagues, and Haddock awarded himself 1,000,000 SSP shares at no cost and received outsized executive compensation, the executive committee awarded themselves profits interest, which they claim has no current value. In addition, Hartman stated that the New Direction Plan was poorly executed and led to significant value destruction, Haddock and his colleagues have selectively released limited operating information and engaged in stonewalling and revisionist history to hide their incompetence. Further, Hartman stated that the alternative proposal involves liquidating the company's assets and returning capital to shareholders, nominated directors, Longnecker, Thomas, and Hartman, have proven experience and aim to restore shareholder value, and urged the shareholders to vote against the Company board nominees at the annual meeting of shareholders.お知らせ • Jun 14Hartman Group Issues a Letter to Shareholders of Silver Star PropertiesOn June 13, 2025, Allen R. Hartman announced that he has issued a letter to shareholders of Silver Star Properties REIT Inc, stating that over $395 million in legacy assets sold since late 2022, but proceeds reinvested without shareholder permission, investments in Walgreens stores and mini-storage properties with high borrowing costs (19% interest) and low yields (3-4%), negative cash flow and failure to generate shareholder returns, new portfolio generates $5.8 million in annual NOI against $8.7 million in debt costs, increasing financial risk. In addition, Allen Hartman proposed a new strategy that sell Walgreens and mini-storage assets, focus on leasing up and maximizing value from legacy assets, start returning capital to shareholders immediately, and Allen Hartman stated that the reason for change is the Net Asset Value dropped from $412 million to $134 million since 2022, decline in sales prices due to operational deficiencies, oppose speculative financing and prioritize distributions over dilution. Further, Hartman requested the shareholders of the Company to support his nominated directors Longnecker, Thomas, and Hartman, and vote for the return of capital by contacting the Hartman Group.お知らせ • Jun 04Silver Star Properties REIT, Inc. Announces Removal of Al Hartman from Board of DirectorsSilver Star Properties REIT, Inc. announced results of the vote tally for its January 2024 consent solicitation which confirmed the removal of Al Hartman from the Company's Board of Directors.お知らせ • May 20Silver Star Properties REIT, Inc., Annual General Meeting, Jun 30, 2025Silver Star Properties REIT, Inc., Annual General Meeting, Jun 30, 2025.お知らせ • May 17Silver Star Properties REIT, Inc. announced delayed 10-Q filingOn 05/16/2025, Silver Star Properties REIT, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • May 14An undisclosed buyer acquired Gulf Plaza Office Building from Silver Star Properties REIT, Inc. (OTCPK:SLVS) for $2.6 million.An undisclosed buyer acquired Gulf Plaza Office Building from Silver Star Properties REIT, Inc. (OTCPK:SLVS) for $2.6 million on May 13, 2025. A cash consideration of $2.62 million will be paid by the buyer. As part of consideration, $2.62 million is paid towards assets of Gulf Plaza Office Building. An undisclosed buyer completed the acquisition of Gulf Plaza Office Building from Silver Star Properties REIT, Inc. (OTCPK:SLVS) for $2.6 million on May 13, 2025.お知らせ • May 06Allen R. Hartman Sends Letter to Shareholders of Silver Star PropertiesOn May 1, 2025, Allen R. Hartman expressed concerns over Silver Star Properties REIT, Inc.'s management of assets and urged shareholders to demand that they resign from the board and stop selling assets until they are replaced at the shareholder meeting in about two and a half months.お知らせ • Apr 12Silver Star Properties REIT, Inc. Provides Update on Maryland LitigationSilver Star Properties REIT, Inc. announced an important update to ongoing litigation in Maryland. Maryland Litigation Update The Appellate Court of Maryland on April 9, 2025, issued a decisive victory for Silver Star and reversed the trial court's issuance of a preliminary injunction on the consent solicitation and amended bylaw issue. In late January 2024 at a hearing before the Circuit Court, the Judge issued his ruling from the bench, following Hartman's allegations that the amended bylaws were invalid and adopted in bad faith as Hartman sought to enjoin Silver Star from soliciting written consents from shareholders to elect new directors. The Circuit Court's decision prevented Silver Star from tallying the votes of the shareholders. As the Appellate Court's decision states, the Board was lawfully authorized to use the solicitation procedure as it did. The Appellate Court reversed the decision and remanded the case to the circuit court to dissolve the preliminary injunction. As next steps, Silver Star anticipates the Circuit Judge to issue, sua sponte, an order directing the independent inspector to complete the voting count. This is a huge victory for the Company. It once again shows Hartman's strenuous objections have not succeeded but caused unnecessary costs and delays.お知らせ • Apr 01Silver Star Properties REIT, Inc. announced delayed annual 10-K filingOn 03/31/2025, Silver Star Properties REIT, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.お知らせ • Nov 15Silver Star Properties REIT, Inc. announced delayed 10-Q filingOn 11/14/2024, Silver Star Properties REIT, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • Aug 15Silver Star Properties REIT, Inc. announced delayed 10-Q filingOn 08/14/2024, Silver Star Properties REIT, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • May 18Silver Star Properties REIT, Inc. Appoints Alex Board as Principal Accounting Officer and Deputy Chief Financial OfficerSilver Star Properties REIT, Inc. announced that Mr. Alex Board has been unanimously appointed and approved by the Executive Committee of Silver Star to be the Principal Accounting Officer and Deputy Chief Financial Officer of Silver Star. Mr. Board's direct report will be to Gerald Haddock as Chief Executive Officer and Executive Chairman of the Board of Directors of the Company. In addition, he will continue to have direct responsibility to the Company's audit committee. Mr. Board has served as a Controller of the Company since 2021. He will continue as Controller and will also be responsible for the preparation of the financials relating to a 100% subsidiary of the Company, Southern Star Self Storage Investment Company. In conjunction with the Company's deeper examination of the current operations of Southern Star, Mr. Board has been assigned oversight of the financials of Southern Star. Furthermore, in connection with streamlining the Company's reporting, Lou Fox has been directed to focus all of his time to the matters at hand with Silver Star. Previously, Southern Star has been operated autonomously and that will generally be continued, but supplemented with oversight by Silver Star, together with Mr. Board's new oversight and direct responsibility for the financial reporting as previously stated. With new management now in place, the initial focus for Southern Star turnaround efforts includes a focused reduction in tenant delinquencies to enhance revenue and create more leasable spaces. Management will implement a programmatic approach to engagement with community influencers and organizations, including homebuilders, civic clubs, chambers of commerce, political contacts, and others to increase customer acquisition opportunities and enhance market penetration, with an emphasis on a strong ongoing community touch at each location. Facilities will be cleaned and maintained at a high level and security measures will be enhanced where necessary. All locations will promote this change with a banner announcing, "Under New Management." Mr. Wheeler has implemented a strong messaging program to all operators and has replaced two employees at the top.お知らせ • May 16Silver Star Properties REIT, Inc. announced delayed 10-Q filingOn 05/14/2024, Silver Star Properties REIT, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.収支内訳Silver Star Properties REIT の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史OTCPK:SLVS 収益、費用、利益 ( )USD Millions日付収益収益G+A経費研究開発費30 Sep 23926813030 Jun 2399-713031 Mar 2399-1413031 Dec 2298-3614030 Sep 2292-1315030 Jun 2292-914031 Mar 2292-613031 Dec 2192-1213030 Sep 2192-2210030 Jun 2191-2110031 Mar 2190-218031 Dec 2089-136030 Sep 2090-27030 Jun 208915031 Mar 208716031 Dec 198706030 Sep 198706030 Jun 1976-15031 Mar 1969-15031 Dec 1857-14030 Sep 1846-23030 Jun 1845-43031 Mar 1845-72031 Dec 1744-93030 Sep 1743-113030 Jun 1742-112031 Mar 1741-113031 Dec 1639-112030 Sep 1637-103030 Jun 1634-103031 Mar 1631-102031 Dec 1526-82030 Sep 1521-72030 Jun 1518-52031 Mar 1515-510質の高い収益: SLVSが 高品質の収益 を有しているかどうかを判断するにはデータが不十分です。利益率の向上: SLVSの 利益率 が過去 1 年間で改善したかどうかを判断するにはデータが不十分です。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: SLVSの過去 5 年間の前年比収益成長率がプラスであったかどうかを判断するにはデータが不十分です。成長の加速: SLVSの過去 1 年間の収益成長を 5 年間の平均と比較するにはデータが不十分です。収益対業界: SLVSの過去 1 年間の収益成長がSpecialized REITs業界平均を上回ったかどうかを判断するにはデータが不十分です。株主資本利益率高いROE: SLVSは現在利益が出ていないため、自己資本利益率 ( 0% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YReal-estate 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/01/13 17:06終値2025/10/16 00:00収益2023/09/30年間収益2022/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Silver Star Properties REIT, Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • Jun 23+ 1 more updateMotion for Asset Sale Filed by Silver Star Virginia Parkway LLCSilver Star Properties REIT, Inc. filed a motion in the US Bankruptcy Court for the sale of certain of its assets on June 22, 2026. The debtor seeks the Court’s approval for the sale of certain of its assets to Black Eye Properties, LLC, the proposed purchaser, for a purchase price of $1.4 million in cash. The debtor’s assets include real property located at 17211 North Freeway, Houston, Texas and certain personalty located thereon. The proceeds from the sale would be deposited into the debtor’s Debtor in Possession Account until further order of the Court.
お知らせ • May 29Silver Star Virginia Parkway LLC Filed for BankruptcySilver Star Virginia Parkway LLC filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for Northern District of Texas on May 28, 2026. The debtor listed its assets in the amount of $7.65 million and liabilities in the amount of $5.98 million. The debtor is represented by Robert Thomas DeMarco of DeMarco Mitchell, PLLC as its legal counsels.
お知らせ • Nov 18Silver Star Properties REIT, Inc. announced delayed 10-Q filingOn 11/17/2025, Silver Star Properties REIT, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • Oct 29Hartman Group Distributes Letter to ShareholdersOn October 27, 2025, the Hartman Group distributed a letter to shareholders addressing the ongoing issues with Silver Star, highlighting a pattern of deception and accountability concerns. The letter emphasized that Silver Star continues to delay the court-ordered annual meeting for a shareholder vote, misusing shareholder funds in the process. It detailed several critical points, including Silver Star's solicitation of proxy votes without providing audited financial statements for fiscal years 2023 and 2024, despite a Maryland court's ruling against such actions. The letter also pointed out the discriminatory "flip-in" stock distribution that unfairly benefited management while excluding approximately 20% of shareholders. Furthermore, it criticized Silver Star for improperly refusing requests for books and records, which hindered the Hartman Group's ability to contact shareholders during the proxy solicitation. Lastly, the letter revealed that Silver Star's claim of receiving 51% shareholder support for their consent solicitation was misleading, as the Hartman Group had delivered consent revocations from holders of approximately 30% of outstanding shares, indicating that substantially less than 51% supported Silver Star’s actions. The Hartman Group reiterated that the courts had made it clear that no further extensions would be granted for the annual meeting, underscoring the urgency of the situation.
お知らせ • Oct 24Allen R. Hartman Sends Letter to Shareholders of Silver Star Properties REITOn October 21, 2025, Allen R. Hartman distributed a letter to the shareholders of Silver Star Properties REIT, Inc., stating that the Company has once again postponed the shareholder meeting this time, indefinitely. He added that this is the sixth time the company has postponed shareholders' right to vote. Six times, they have found excuses to avoid accountability to shareholders.
お知らせ • Oct 23Hartman Sends a Letter to the Shareholders of Silver StarOn October 22, 2025, the Hartman Group distributed a letter to shareholders and initiated communication with shareholders of Silver Star, urging them to express their dissatisfaction with the management's financial practices. He highlighted that millions in legal fees are being spent to avoid accountability and delay the shareholder vote, while over $1 million annually is allocated for executive compensation in 2024 for management that has destroyed shareholder value. Furthermore, it was noted that 3 million shares were awarded to Gerald Haddock despite poor performance. According to a whistleblower, shareholder investments are not being directed towards paying vendors who maintain properties or for property improvements and maintenance. Instead, the management is allegedly extracting as much money as possible from the properties to cover legal fees and salaries. Hartman emphasized the need for the Board of Directors to hear directly from shareholders, stating that they are fed up with the destruction of their investment value and the continuous delays. He called for immediate action, including stopping the spending of shareholder money on litigation, paying vendors, holding the postponed shareholder meeting, and ceasing the sale of properties at fire sale prices. Hartman encouraged shareholders to vote the BLUE card to demonstrate their rejection of the current management's actions and to ensure their voices are heard despite the ongoing delays and obstruction.
お知らせ • Oct 21Hartman Sends Letter to Shareholders of Silver Star PropertiesOn October 20, 2025, Allen R. Hartman announced that he has sent a letter to shareholders of Silver Star Properties REIT Inc stating that Company was attempted in court to void all its proxy votes and delay the meeting again, the court denied Silver Star’s requested relief, and recommended the Company shareholders to vote for the election of its board nominees rejection of the Company’s alternate strategy proposal, and in favor of liquidating the Company’s assets in an orderly manner in accordance with the terms of its articles of incorporation and returning capital to stockholders.
お知らせ • Aug 15Silver Star Properties REIT, Inc. announced delayed 10-Q filingOn 08/14/2025, Silver Star Properties REIT, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • Aug 12+ 1 more updateAllen R. Hartman Files Proxy Statement for Silver Star Properties REITOn August 11, 2025, Allen R. Hartman filed a definitive proxy statement with the SEC to solicit votes for the election of his nominated directors and to reject Silver Star Properties REIT, Inc.'s alternate strategy proposal in favor of liquidating the Company's assets.
お知らせ • Aug 01Allen R. Hartman Distributes a Letter to Shareholders of Silver Star Properties REITOn July 31, 2025, Allen R. Hartman filed a definitive proxy statement with the SEC to solicit votes for the election of his nominated directors and to reject Silver Star Properties REIT, Inc.’s alternate strategy proposal in favor of liquidating the Company’s assets and returning capital to shareholders.
お知らせ • Jul 25Allen R. Hartman Distributes a Letter to Shareholders of Silver Star Properties REITOn July 24, 2025, Allen R. Hartman announced that Silver Star Properties REIT’s ‘New Direction Plan’ has failed, leading to significant asset value loss and lack of transparency. Allen R. Hartman also urges shareholders to vote for their proposals for transparency and capital return at the upcoming proxy vote.
お知らせ • Jul 15Hartman Group Sends Letter to Shareholders of Silver Star Properties REITOn July 14, 2025, Allen R. Hartman sent a letter to shareholders of Silver Star Properties REIT Inc, stating that the Company’s net asset value dropped from $228 million in December 2022 to $20.6 million in March 2025, the decline is attributed to poor management and failed strategies by Haddock and his colleagues, and Haddock awarded himself 1,000,000 SSP shares at no cost and received outsized executive compensation, the executive committee awarded themselves profits interest, which they claim has no current value. In addition, Hartman stated that the New Direction Plan was poorly executed and led to significant value destruction, Haddock and his colleagues have selectively released limited operating information and engaged in stonewalling and revisionist history to hide their incompetence. Further, Hartman stated that the alternative proposal involves liquidating the company's assets and returning capital to shareholders, nominated directors, Longnecker, Thomas, and Hartman, have proven experience and aim to restore shareholder value, and urged the shareholders to vote against the Company board nominees at the annual meeting of shareholders.
お知らせ • Jun 14Hartman Group Issues a Letter to Shareholders of Silver Star PropertiesOn June 13, 2025, Allen R. Hartman announced that he has issued a letter to shareholders of Silver Star Properties REIT Inc, stating that over $395 million in legacy assets sold since late 2022, but proceeds reinvested without shareholder permission, investments in Walgreens stores and mini-storage properties with high borrowing costs (19% interest) and low yields (3-4%), negative cash flow and failure to generate shareholder returns, new portfolio generates $5.8 million in annual NOI against $8.7 million in debt costs, increasing financial risk. In addition, Allen Hartman proposed a new strategy that sell Walgreens and mini-storage assets, focus on leasing up and maximizing value from legacy assets, start returning capital to shareholders immediately, and Allen Hartman stated that the reason for change is the Net Asset Value dropped from $412 million to $134 million since 2022, decline in sales prices due to operational deficiencies, oppose speculative financing and prioritize distributions over dilution. Further, Hartman requested the shareholders of the Company to support his nominated directors Longnecker, Thomas, and Hartman, and vote for the return of capital by contacting the Hartman Group.
お知らせ • Jun 04Silver Star Properties REIT, Inc. Announces Removal of Al Hartman from Board of DirectorsSilver Star Properties REIT, Inc. announced results of the vote tally for its January 2024 consent solicitation which confirmed the removal of Al Hartman from the Company's Board of Directors.
お知らせ • May 20Silver Star Properties REIT, Inc., Annual General Meeting, Jun 30, 2025Silver Star Properties REIT, Inc., Annual General Meeting, Jun 30, 2025.
お知らせ • May 17Silver Star Properties REIT, Inc. announced delayed 10-Q filingOn 05/16/2025, Silver Star Properties REIT, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • May 14An undisclosed buyer acquired Gulf Plaza Office Building from Silver Star Properties REIT, Inc. (OTCPK:SLVS) for $2.6 million.An undisclosed buyer acquired Gulf Plaza Office Building from Silver Star Properties REIT, Inc. (OTCPK:SLVS) for $2.6 million on May 13, 2025. A cash consideration of $2.62 million will be paid by the buyer. As part of consideration, $2.62 million is paid towards assets of Gulf Plaza Office Building. An undisclosed buyer completed the acquisition of Gulf Plaza Office Building from Silver Star Properties REIT, Inc. (OTCPK:SLVS) for $2.6 million on May 13, 2025.
お知らせ • May 06Allen R. Hartman Sends Letter to Shareholders of Silver Star PropertiesOn May 1, 2025, Allen R. Hartman expressed concerns over Silver Star Properties REIT, Inc.'s management of assets and urged shareholders to demand that they resign from the board and stop selling assets until they are replaced at the shareholder meeting in about two and a half months.
お知らせ • Apr 12Silver Star Properties REIT, Inc. Provides Update on Maryland LitigationSilver Star Properties REIT, Inc. announced an important update to ongoing litigation in Maryland. Maryland Litigation Update The Appellate Court of Maryland on April 9, 2025, issued a decisive victory for Silver Star and reversed the trial court's issuance of a preliminary injunction on the consent solicitation and amended bylaw issue. In late January 2024 at a hearing before the Circuit Court, the Judge issued his ruling from the bench, following Hartman's allegations that the amended bylaws were invalid and adopted in bad faith as Hartman sought to enjoin Silver Star from soliciting written consents from shareholders to elect new directors. The Circuit Court's decision prevented Silver Star from tallying the votes of the shareholders. As the Appellate Court's decision states, the Board was lawfully authorized to use the solicitation procedure as it did. The Appellate Court reversed the decision and remanded the case to the circuit court to dissolve the preliminary injunction. As next steps, Silver Star anticipates the Circuit Judge to issue, sua sponte, an order directing the independent inspector to complete the voting count. This is a huge victory for the Company. It once again shows Hartman's strenuous objections have not succeeded but caused unnecessary costs and delays.
お知らせ • Apr 01Silver Star Properties REIT, Inc. announced delayed annual 10-K filingOn 03/31/2025, Silver Star Properties REIT, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
お知らせ • Nov 15Silver Star Properties REIT, Inc. announced delayed 10-Q filingOn 11/14/2024, Silver Star Properties REIT, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • Aug 15Silver Star Properties REIT, Inc. announced delayed 10-Q filingOn 08/14/2024, Silver Star Properties REIT, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • May 18Silver Star Properties REIT, Inc. Appoints Alex Board as Principal Accounting Officer and Deputy Chief Financial OfficerSilver Star Properties REIT, Inc. announced that Mr. Alex Board has been unanimously appointed and approved by the Executive Committee of Silver Star to be the Principal Accounting Officer and Deputy Chief Financial Officer of Silver Star. Mr. Board's direct report will be to Gerald Haddock as Chief Executive Officer and Executive Chairman of the Board of Directors of the Company. In addition, he will continue to have direct responsibility to the Company's audit committee. Mr. Board has served as a Controller of the Company since 2021. He will continue as Controller and will also be responsible for the preparation of the financials relating to a 100% subsidiary of the Company, Southern Star Self Storage Investment Company. In conjunction with the Company's deeper examination of the current operations of Southern Star, Mr. Board has been assigned oversight of the financials of Southern Star. Furthermore, in connection with streamlining the Company's reporting, Lou Fox has been directed to focus all of his time to the matters at hand with Silver Star. Previously, Southern Star has been operated autonomously and that will generally be continued, but supplemented with oversight by Silver Star, together with Mr. Board's new oversight and direct responsibility for the financial reporting as previously stated. With new management now in place, the initial focus for Southern Star turnaround efforts includes a focused reduction in tenant delinquencies to enhance revenue and create more leasable spaces. Management will implement a programmatic approach to engagement with community influencers and organizations, including homebuilders, civic clubs, chambers of commerce, political contacts, and others to increase customer acquisition opportunities and enhance market penetration, with an emphasis on a strong ongoing community touch at each location. Facilities will be cleaned and maintained at a high level and security measures will be enhanced where necessary. All locations will promote this change with a banner announcing, "Under New Management." Mr. Wheeler has implemented a strong messaging program to all operators and has replaced two employees at the top.
お知らせ • May 16Silver Star Properties REIT, Inc. announced delayed 10-Q filingOn 05/14/2024, Silver Star Properties REIT, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.