Al Hartman is the Executive Chairman of Hartman Short Term Income Properties XX, Inc. and the founder of Hartman Income REIT Management, Inc., established in 1983. Al Hartman started his career selling home improvement services to residential owners.. By 1983, Mr Hartman developed a proprietary value-oriented investment strategy, which formed the. foundation of the “Hartman Advantage.” Through the late 1980s and early 1990s, he purchased approximately 20 foreclosures. Today, those assets are stable and generating significant cash flow.. Since 1983, Mr Al Hartman has sponsored 25 programs, and manages nearly $800 million in assets under management as of the end of 2019. Over the past 36 years, Al Hartman has refined his value-oriented investment strategy and led a team of executives to deliver value to nearly 6,000 investors.. Al Hartman is a member of the ‘C’ club, Houston Breakfast Club, ADISSA-REIT Organization, REISA-REIT Organization, C-12 and Vision America. He supports various faith-based organizations and serves as a Deacon at Second Baptist Church in Houston, Texas. He also serves on the board of the Houston Area Pastors Council and The Elijah Challenge Ministry.. In 1984, Mr. Hartman formed Hartman Management and began sponsoring private real estate investment programs. Over the next 24 years, Mr. Hartman built Hartman Management into one of the leading commercial property management firms in the state of Texas.. In 1998, Mr. Hartman merged the Hartman real estate programs and formed Hartman Commercial Properties REIT (HCP REIT), now known as Whitestone REIT. He served as CEO and Chairman of the Board of HCP REIT until October, 2006.. In April, 2008, Mr. Hartman merged 4 of the 5 Hartman programs to form Hartman Income REIT (HIREIT) and contributed the assets and ongoing business operations of Hartman Management into Hartman Income REIT Management, a wholly owned subsidiary of HIREIT. Mr. Hartman has acquired over 90 commercial real estate properties, raised over $300 million of investor equity and acquired more than $500 million in commercial real estate assets in various private and public real estate investment programs.. Currently Mr. Hartman oversees a staff of approximately 150 full and part time employees who manage 53 commercial properties encompassing over 7.5 million square feet. In addition to his day-to-day management responsibilities, Mr. Hartman serves as the principal officer of each Hartman sponsored investment program.. Mr. Al Hartman attended the University of Colorado and studied Business Administration.
