Valuation reflects performance of core commercial assets and strategic investments in Texas-based office, retail, and industrial real estate
HOUSTON, TX – July XX, 2025 – Hartman vREIT XXI, Inc. (“Hartman” or the “Company”), a Houston-based real estate investment trust, today announced that its Board of Directors has determined an estimated Net Asset Value (NAV) per share of $9.83 for its Class A, Class S, Class I, and Class T common stock, effective as of December 31, 2024.
The updated NAV per share, which was unanimously approved by the Board including all independent directors, reflects a comprehensive assessment of Hartman’s portfolio of commercial properties across Houston and San Antonio, investments in affiliated real estate entities, and other financial holdings. The NAV was determined with the assistance of the Company’s advisor, in consultation with the Board’s audit committee and based in part on third-party appraisals by LaPorte CPAs and Business Advisors.
Key Highlights:
- The NAV per share of $9.83 is based on the estimated fair market value of the Company’s 11-property portfolio totaling 861,177 square feet of commercial real estate in key Texas markets.
- The valuation also incorporates Hartman’s 2.47% interest in Hartman SPE, LLC, and ownership of 1,258,406 shares of common stock and partnership units in Silver Star Properties REIT, Inc.
- The overall NAV calculation was conducted in accordance with industry best practices, following guidelines established by the Institute for Portfolio Alternatives (IPA).
“This updated NAV reflects our continued commitment to transparency and to building long-term shareholder value,” said Allen R. Hartman, Chief Executive Officer of Hartman vREIT XXI, Inc. “We remain focused on disciplined capital stewardship and the strategic optimization of our portfolio in high-growth Texas markets.”
The Company intends to provide NAV updates on a quarterly basis, or as otherwise determined by the Board. Investors and broker-dealers are encouraged to use the updated valuation in connection with portfolio reviews and regulatory compliance, including FINRA customer account statements.
About Hartman vREIT XXI, Inc.
Hartman vREIT XXI, Inc. is a real estate investment trust based in Houston, Texas, focused on owning and operating high-performing office, retail, and industrial real estate assets throughout the state. With an emphasis on long-term value creation, the Company delivers investor returns through strategic acquisitions, hands-on property management, and targeted leasing strategies.For more information, visit: www.hartmanreits.com
Hartman vREIT XXI, Inc. is a real estate investment trust based in Houston, Texas, focused on owning and operating high-performing office, retail, and industrial real estate assets throughout the state. With an emphasis on long-term value creation, the Company delivers investor returns through strategic acquisitions, hands-on property management, and targeted leasing strategies.For more information, visit: www.hartmanreits.com
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that may cause actual results to differ materially. Readers are encouraged to review Hartman’s SEC filings for additional information regarding such risks.
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that may cause actual results to differ materially. Readers are encouraged to review Hartman’s SEC filings for additional information regarding such risks.
