US EditionSilver Star Properties REIT provides Response to Hartman's April Letters to Shareholders
- On April 11, 2025, Silver Star responded to Allen Hartman's letters to shareholders.
- Hartman, previously removed for mismanagement, attacked CEO Gerald Haddock's compensation.
- Silver Star defended Haddock's compensation and cited Hartman's mismanagement as the cause of problems.
- Salary.com states that Texas CEO salaries average $707,704, but Haddock earned $225,000 in 2024.
- Silver Star claimed Hartman's letters are a desperate attempt to deflect blame as the company improves.
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Silver Star Properties REIT provides Response to Hartman's April Letters to Shareholders
HOUSTON, April 11, 2025 /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, today announced its response to the recent letters Allen Hartman has sent to shareholders on April 1 and April 10, 2025. April 1, 2025 Letter In Hartman's April 1, 2025 letter, Hartman claims Silver Star has destroyed the net asset value…
·New York, United States
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