{"id":145082,"date":"2021-07-14T10:12:28","date_gmt":"2021-07-14T14:12:28","guid":{"rendered":"https:\/\/qa.bluevaultpartners.com\/?post_type=news&#038;p=145082"},"modified":"2021-07-14T10:13:58","modified_gmt":"2021-07-14T14:13:58","slug":"hartman-short-term-income-properties-xx-inc-increases-q2-21-monthly-distributions-for-shareholders","status":"publish","type":"post","link":"https:\/\/qa.bluevaultpartners.com\/hartman-short-term-income-properties-xx-inc-increases-q2-21-monthly-distributions-for-shareholders\/","title":{"rendered":"Hartman Short Term Income Properties XX, Inc. Increases Q2 21 Monthly Distributions for Shareholders"},"content":{"rendered":"<h1>Hartman Short Term Income Properties XX, Inc. Increases Q2 21 Monthly Distributions for Shareholders<\/h1>\n<p>July 9, 2021 | James Sprow | Blue Vault<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-30551 alignleft\" src=\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2020\/04\/money-growth-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2020\/04\/money-growth-300x200.jpg 300w, https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2020\/04\/money-growth-600x400.jpg 600w, https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2020\/04\/money-growth-768x512.jpg 768w, https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2020\/04\/money-growth.jpg 900w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>Hartman Short Term Income Properties XX, Inc., has announced an increase in monthly distributions from $0.02916 per share per month to $0.03333 per share per month. The distribution increase, which is subject to review on a monthly basis, took effect from the second quarter of 2021, and is payable to all shareholders of record.<\/p>\n<p>The REIT\u2019s portfolio consists of 44 commercial properties comprising approximately 6.8 million square feet plus four pad sites, all located in Texas.<\/p>\n<p>\u201cWe are pleased to be on a path to returning our historical distributions in light of the challenging market conditions.\u201d said Al Hartman, Chairman of the Board of Directors at Hartman Advisors, and President and CEO of Hartman Income REIT Management, Inc.<\/p>\n<p>The key objective for the fund is to grow in a manner consistent with a fundamental strategy of owning and operating value add properties in Texas. The strategy in place for 2021 is to focus on increasing occupancy and extending the portfolio\u2019s weighted average in-place lease term to drive cash flow growth.<\/p>\n<h4>About Hartman<\/h4>\n<p>Hartman has extensive experience acquiring, owning, managing, and leasing commercial office, retail, light industrial and warehouse properties located in Texas. Since 1983, Hartman and its affiliated entities (including founder, Allen R. Hartman) have sponsored 29 programs and acquired interests in more than 90 real assets totaling approximately $805 million as of March 31, 2021.<\/p>\n<p><em><span style=\"font-size: 10pt;\">Source:\u00a0 SEC<\/span><\/em><\/p>\n<div style=\"clear:both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Hartman Short Term Income Properties XX, Inc., has announced an increase in monthly distributions from&#8230;<\/p>\n","protected":false},"author":2691,"featured_media":35382,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3010,2868],"tags":[],"class_list":["post-145082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asset-manager-news","category-hartman"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hartman Short Term Income Properties XX, Inc. 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