SILVER STAR

Silver Star Properties Provides Update Regarding Southern Star

Retrieved on: 
Tuesday, April 30, 2024

HOUSTON, April 30, 2024 /PRNewswire/ -- Silver Star Properties REIT, Inc. ("Silver Star" or the "Company"), a self-managed real estate investment trust currently repositioning into the self-storage asset class, announced today that it is providing an update regarding Southern Star Self Storage Investment Company ("Southern Star"), an investment made by Silver Star.

Key Points: 
  • HOUSTON, April 30, 2024 /PRNewswire/ -- Silver Star Properties REIT, Inc. ("Silver Star" or the "Company"), a self-managed real estate investment trust currently repositioning into the self-storage asset class, announced today that it is providing an update regarding Southern Star Self Storage Investment Company ("Southern Star"), an investment made by Silver Star.
  • Effective April 15, 2024, monthly distributions to Southern Star sponsored DSTs have been suspended pending the Company's further examination of the current operations of Southern Star and its sponsored DSTs.
  • On April 15, 2024, the Company announced that it is continuing an examination of the current operations of Southern Star.
  • Mr. Haddock stated, "As soon as the Company develops information regarding the future direction and strategy for Southern Star, we will update investors as appropriate.

FloQast Appoints Josh Glover as President and Chief Revenue Officer

Retrieved on: 
Wednesday, April 24, 2024

LOS ANGELES, April 24, 2024 (GLOBE NEWSWIRE) -- FloQast, a Finance and Accounting Operations Platform provider, today announced the appointment of Josh Glover as President and Chief Revenue Officer (CRO).

Key Points: 
  • LOS ANGELES, April 24, 2024 (GLOBE NEWSWIRE) -- FloQast, a Finance and Accounting Operations Platform provider, today announced the appointment of Josh Glover as President and Chief Revenue Officer (CRO).
  • Prior to joining FloQast, Glover served as President and Chief Revenue Officer at nCino, a global leader in cloud banking.
  • Glover started his software career in a customer success role and brings a customer-first mindset to driving revenue growth with FloQast.
  • "We couldn’t be more excited to welcome Josh Glover to the FloQast team as our new President and Chief Revenue Officer," said Mike Whitmire, CPA, CEO and co-founder of FloQast.

Esteemed Businessman John B. Poindexter Honored as West Texas Conservation Leader

Retrieved on: 
Monday, April 22, 2024

John B. Poindexter was honored at a Houston event for his conservation contributions in West Texas.

Key Points: 
  • John B. Poindexter was honored at a Houston event for his conservation contributions in West Texas.
  • The same spirit drives his conservation efforts, through the John B. Poindexter Endowed Fellowship for Desert Quail Research, established to deepen the understanding and ensure the conservation of these iconic species of the Texas landscape.
  • An author of works reflecting his deep connection to history and the land, Poindexter is fluent in the language of conservation.
  • The annual event celebrates and supports West Texas wildlife and conservation research.

Silver Star Properties Provides Corporate Update

Retrieved on: 
Monday, April 15, 2024

HOUSTON, April 15, 2024 /PRNewswire/ -- Silver Star Properties REIT, Inc. ("Silver Star" or the "Company"), a self-managed real estate investment trust currently repositioning into the self-storage asset class, announced today that it is providing a general corporate update regarding various ongoing matters and activities.

Key Points: 
  • HOUSTON, April 15, 2024 /PRNewswire/ -- Silver Star Properties REIT, Inc. ("Silver Star" or the "Company"), a self-managed real estate investment trust currently repositioning into the self-storage asset class, announced today that it is providing a general corporate update regarding various ongoing matters and activities.
  • The Company is continuing an examination of the current operations of its recently acquired subsidiary, Southern Star Self Storage Investment Company ("Southern Star").
  • Mr. Haddock stated that "as soon as the Company develops information regarding the future direction and strategy for Southern Star, we will update investors as appropriate."
  • On April 12, 2024, the Company received a notification from FINRA informing the Company of the assignment of an Over-the-Counter trading symbol of SLVS for the common shares of Silver Star Properties REIT, Inc.

Congressional Medal of Honor Society Announces Passing of Medal of Honor Recipient Ralph Puckett Jr.

Retrieved on: 
Monday, April 8, 2024

MOUNT PLEASANT, S.C., April 8, 2024 /PRNewswire/ -- The Congressional Medal of Honor Society regretfully announces that Ralph Puckett, Jr., the last living Korean war Medal of Honor recipient, passed away on April 8, 2024, in Columbus, Georgia, at the age of 97.  

Key Points: 
  • Last living Korean War Medal of Honor Recipient Earned Nation's Highest Award for Valor during Korean War.
  • MOUNT PLEASANT, S.C., April 8, 2024 /PRNewswire/ -- The Congressional Medal of Honor Society regretfully announces that Ralph Puckett, Jr., the last living Korean war Medal of Honor recipient, passed away on April 8, 2024, in Columbus, Georgia, at the age of 97.
  • President Joseph Biden Jr. presented Puckett with the Medal of Honor at the White House in Washington, D.C., on May 21, 2021, for his actions during the Battle of Unsan in North Korea.
  • Speaking about receiving the Medal of Honor 71 years after the Battle of Unsan, Puckett said, "I was surprised at that.

Benefit Street Partners L.L.C. Announces Closing of $120 Million Loan on a Texas Office Portfolio

Retrieved on: 
Thursday, March 28, 2024

(“BSP” or the “Company”) today announced the closing of a $120 million floating-rate senior loan to Silver Star Properties REIT (“Silver Star”), intended to facilitate the liquidation of Silver Star’s legacy real estate portfolio.

Key Points: 
  • (“BSP” or the “Company”) today announced the closing of a $120 million floating-rate senior loan to Silver Star Properties REIT (“Silver Star”), intended to facilitate the liquidation of Silver Star’s legacy real estate portfolio.
  • Silver Star expects to sell all current assets within their portfolio and subsequently acquire self-storage properties and transition to a self-storage REIT.
  • RMWC, a boutique private lender, provided a co-terminus second mortgage loan for $15 million at closing, for a combined loan of $135 million.
  • An inventory loan on office, retail, and industrial assets in three different cities is not something many lenders are capable of handling.

Congressional Medal of Honor Society Announces Passing of Medal of Honor Recipient Larry L. Taylor

Retrieved on: 
Monday, January 29, 2024

MOUNT PLEASANT, S.C., Jan. 29, 2024 /PRNewswire/ -- The Congressional Medal of Honor Society regretfully announces that Larry L. Taylor, 81, a Recipient of the Medal of Honor for the Vietnam War, passed away January 28, 2024, at his home in Signal Mountain, Tennessee.

Key Points: 
  • MOUNT PLEASANT, S.C., Jan. 29, 2024 /PRNewswire/ -- The Congressional Medal of Honor Society regretfully announces that Larry L. Taylor, 81, a Recipient of the Medal of Honor for the Vietnam War, passed away January 28, 2024, at his home in Signal Mountain, Tennessee.
  • Once reaching the area, Taylor and his wingman targeted the enemy encircling the patrol team, flying multiple low-level passes under intense enemy fire.
  • As the gunships' ammunition ran low, Taylor continued to make fake gun runs at low altitude to distract the enemy from the men on the ground.
  • Taylor then landed his helicopter 100 yards away, still under intense enemy fire, to meet the patrol team on the ground.

War Heroes on Water Announces Dates for 2024 Tournament: Sept. 20 - 24

Retrieved on: 
Tuesday, January 9, 2024

The 2023 event also saw 379 returning and new corporate and private donors and sponsors who care about our veterans and understand how this tournament is changing—and saving—lives.

Key Points: 
  • The 2023 event also saw 379 returning and new corporate and private donors and sponsors who care about our veterans and understand how this tournament is changing—and saving—lives.
  • "WHOW continues to change and save the lives of veterans, who have selflessly sacrificed so much for our country," said WHOW Founder Anthony Hsieh.
  • I can’t wait to bring everyone together again to show our veterans the love and support they need and deserve.”
    WHOW was founded by Hsieh in 2018.
  • To learn more and make a tax-deductible donation to this event or to join the amazing WHOW fleet, please visit www.warheroesonwater.com .

LODAS Markets Partners with Silver Star Properties To Offer Investors Secondary Market Liquidity

Retrieved on: 
Wednesday, January 10, 2024

OVERLAND PARK, Kan., Jan. 10, 2024 /PRNewswire/ -- LODAS Markets announced today that Silver Star Properties REIT is now trading on LODASMarkets.com , joining nearly 40 securities currently offered on the company's secondary marketplace.

Key Points: 
  • OVERLAND PARK, Kan., Jan. 10, 2024 /PRNewswire/ -- LODAS Markets announced today that Silver Star Properties REIT is now trading on LODASMarkets.com , joining nearly 40 securities currently offered on the company's secondary marketplace.
  • Silver Star Properties joins nearly 40 securities currently available for trading on the LODAS secondary marketplace.
  • LODAS Markets CEO Brian King said, "We're excited that Silver Star has chosen to partner with LODAS by directly listing their shares on our marketplace.
  • Silver Star Properties Co-CEO and President David Wheeler said "Partnering with a secondary market leader like LODAS gives our investors exactly what they need as we continue our pivot to a portfolio focused on self-storage.

Allen Hartman and the Hartman Group, Largest Stockholder of Silver Star Properties, Announces Opposition to Company’s Consent Solicitation

Retrieved on: 
Thursday, December 14, 2023

Silver Star’s Board is presently composed of four directors, Jack I. Tompkins, Gerald W. Haddock and James S. Still, and Hartman.

Key Points: 
  • Silver Star’s Board is presently composed of four directors, Jack I. Tompkins, Gerald W. Haddock and James S. Still, and Hartman.
  • There is a crucial difference between an annual meeting and the type of consent solicitation in which Silver Star is engaged.
  • Consider that in contrast, while Hartman served as CEO of Silver Star he received no compensation as an officer.
  • The Hartman Group has a vision for Silver Star that is fundamentally different from that of the Entrenched Directors.