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TORONTO, April 26 /CNW/ - Beacon Acquisition Partners Inc, (TSXV: BAP) is pleased to announce that its wholly owned subsidiary, American Beacon Partners, Inc., has been selected to be the dealer manager to lead an offering of shares of Hartman Short Term Income Properties XX, Inc. The primary offering is for a maximum of 25,000,000 shares and a minimum of 200,000 shares at a price of $10.00 U.S. per share in the primary offering, with discounts available to investors who purchase more than 50,000 shares and certain other categories of investors.
Hartman Short Term Income Properties XX, Inc. is a Maryland corporation formed on February 5, 2009 to acquire, develop and own office, retail, industrial, and warehouse properties. The company intends to qualify as a real estate investment trust, or REIT, for U.S. federal income tax purposes beginning with the taxable year that will end December 31, 2010.
This offering is registered both with FINRA and the SEC, the two regulatory agencies that regulate the financial services industry in the United States.
The Sponsor of Hartman Short Term Income Properties XX, Inc. is Hartman Income REIT, a Houston, Texas based REIT founded in 1983.
The Hartman Short Term Income Properties XX, Inc. offering is only available to U.S. accredited investors. This press release is not a solicitation to purchase and is for informational purposes only.
The sole business of Beacon Acquisition Partners, Inc. is the ownership of the United States broker dealer, American Beacon Partners, Inc.
American Beacon Partners, Inc. is a managing broker dealer that assists issuing companies in their capital raising activities. This includes both debt and equity offerings in both public and private securities. American Beacon Partners, Inc. currently has approximately 81 licensed professionals and is licensed to do business in approximately thirty states. The head office of American Beacon Partners, Inc. is in Eau Claire, Wisconsin.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the contents of this News Release.
SOURCE BEACON ACQUISITION PARTNERS INC.
For further information: For further information: Robert Mather, Chairman, Tel: (201) 447-2486