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Silver Star Subsidiary Exits Bankruptcy As REIT Pivots to Self Storage

Hartman SPE Emerges From Bankruptcy With $135 Million Exit Facility
Silver Star Properties REIT has secured funds to help its legacy real estate portfolio under subsidiary Hartman SPE emerge from Chapter 11 bankruptcy protection. (CoStar)
Silver Star Properties REIT has secured funds to help its legacy real estate portfolio under subsidiary Hartman SPE emerge from Chapter 11 bankruptcy protection. (CoStar)
CoStar News
March 29, 2024 | 4:23 P.M.

A subsidiary of a Texas-based real estate investment trust has secured a $135 million loan from two New York-based lenders to help it emerge from Chapter 11 bankruptcy protection in a move solidifying the REIT's monthslong pivot into self-storage real estate.

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