Key Highlights

• Hartman vREIT XXI, Inc. Has determined a per-share valuation of $8.12 for its Class T common stock as of December 31, 2025.

• The valuation was overseen by the Board of Directors and included input from Herrera Partners, the designated valuation consultant.

• As of the reporting date, the company held 861,177 square feet of commercial real estate and maintained a 2.47% ownership stake in Silver Star Properties REIT, Inc.

Hartman vREIT XXI, Inc. Has disclosed a per-share valuation of $8.12 for its Class T common stock, effective December 31, 2025. This figure serves as a critical benchmark for investors and financial professionals assessing the company’s asset base and compliance with regulatory standards, including those set by the Financial Industry Regulatory Authority (FINRA).

Valuation Basis

The company’s Board of Directors, which includes independent members, derived this valuation through a structured process. The Board relied on a detailed report from Herrera Partners, the firm’s valuation advisor, as well as recommendations from the audit committee. The methodology employed reflects industry practices for evaluating real estate assets, ensuring the resulting figure aligns with market expectations.

Real Estate Holdings

As of December 31, 2025, Hartman vREIT XXI’s portfolio included 10 commercial properties, along with an approximately 83% interest in a Houston-based office property totaling 861,177 square feet. These holdings reinforce the company’s presence in the regional commercial real estate sector, providing diversification and stability amid market fluctuations.

Interest in Affiliates

In addition to its direct property holdings, the company owns a 2.47% stake in Silver Star Properties REIT, Inc. A publicly traded entity. Silver Star’s reported valuation of $2.01 per share as of December 20, 2024, may influence Hartman vREIT XXI’s strategic decisions and broader investment outlook.

Methodology Overview

The valuation process adhered to established guidelines for non-listed real estate investment trusts. Herrera Partners conducted a comprehensive assessment of the company’s assets using operational and financial data, though physical property inspections were not part of the evaluation. This approach reflects standard industry practices while acknowledging potential limitations in asset verification.

Sensitivity to Market Changes

The valuation incorporated a weighted average capitalization rate of 5.5%. Market analysts should note that shifts in this rate, whether upward or downward by 2.5%, could materially impact the estimated value of the company’s properties. This sensitivity underscores the role of broader economic conditions in shaping real estate valuations and investment strategies.

Other Assets and Liabilities

Beyond its real estate holdings, Hartman vREIT XXI maintains a balanced financial position, including cash reserves, receivables, and payables. The Board confirmed that these short-term assets were valued at levels consistent with their fair market equivalents as of the reporting date, ensuring a comprehensive representation of the company’s financial health.

Future Valuation Updates

Hartman vREIT XXI intends to conduct regular valuations, either quarterly or as determined by the Board. This commitment to periodic assessments aims to enhance transparency and provide stakeholders with timely insights into the company’s financial performance and long-term viability.

 

This article is for informational purposes only and does not constitute financial advice. Please consult a licensed financial adviser before making investment decisions.