Hartman is pleased to announce the Financial Industry Regulatory Authority (“FINRA”) approved the membership application of Hartman Real Assets Securities, Inc. (“HRAS”), a wholly owned subsidiary of Hartman Income REIT, Inc. (“the Company”), on Wednesday, November 9, 2016.
Houston, TX (PRWEB) November 14, 2016
The creation of HRAS is the realization of the Company’s goal to create a broker dealer firm dedicated to the distribution of quality real-estate-based alternative investments to our selling group partners, and represents an exciting new chapter for the Hartman family of companies.
“There is a lot to be excited about. HRAS gives Hartman the ability to distribute Hartman’s real-estate based alternative investment products to the broker/dealer and RIA communities, and we are excited to begin this new chapter in the Hartman story,” said Rick J. Vitale, CFA, President of HRAS. He continues, “We are privileged to have the expertise of both Mary Ellen Storey, our Chief Compliance Officer, and Mark Torok, our General Counsel, as we begin this new venture.”
Upon its expected launch on January 1, 2017, HRAS will be responsible for the wholesale distribution of Hartman vREIT XXI, Inc. (“vREIT XXI”) as well as other investment programs sponsored by Hartman. On that date, our dealer management agreements with D.H. Hill Securities, LLLP (“D.H. Hill”) will end, as noted in vREIT XXI’s Form 8-K filed on October 6, 2016.
Mr. Vitale remarked, “D.H. Hill has been an outstanding managing broker dealer for the distribution of our current and prior Hartman programs. We are honored to have partnered with them and we look forward to continuing our valuable relationship.”
This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities.
Securities distributed through Hartman Real Assets Securities, Inc., FINRA Member, 2909 Hillcroft, Ste. 420 Houston, TX 77057, 800-880-2212.
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For the original version on PRWeb visit: http://www.prweb.com/releases/2016/11/prweb13845182.htm
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