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Published on 9/18/2023 in the Prospect News Distressed Debt Daily.

Silver Star unit Hartman gets interim access to cash collateral

By Sarah Lizee

Olympia, Wash., Sept. 18 – Silver Star Properties REIT, Inc. indirect subsidiary Hartman SPE, LLC received interim approval to use cash collateral, according to an order filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

U.S. Bank NA and KeyBank NA both have an interest in the collateral.

A final hearing is scheduled for Oct. 16.

Silver Star is a self-managed real estate investment trust based in Houston. Hartman SPE filed bankruptcy on Sept. 13 under Chapter 11 bankruptcy case number 23-11452.


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