Overland Park, Kan. – January 10, 2024 — LODAS Markets announced today that Silver Star Properties REIT is now trading on LODASMarkets.com, joining nearly 40 securities currently offered on the company’s secondary marketplace.
Silver Star Properties REIT, based in Houston, is a real estate investment trust which owns self-storage, office, and retail space in Houston, Dallas and San Antonio.
LODAS Markets CEO Brian King said, "We're excited that Silver Star has chosen to partner with LODAS by directly listing their shares on our marketplace. We appreciate their trust in our ability to assist investors who may seek secondary liquidity."
Silver Star Properties Co-CEO and President David Wheeler said “Partnering with a secondary market leader like LODAS gives our investors exactly what they need as we continue our pivot to a portfolio focused on self-storage. We are proud to offer investors this opportunity through LODAS.”
Silver Star is the second fund to list directly on LODAS, following VineBrook Homes Trust, which listed on LODAS in May 2023. There is currently more than $2 billion of institutional trading interest on LODAS across all securities.
LODAS stands for Liquidity On Demand As a Service, representing the company’s goal of providing all investors – from individuals to sponsors, to large funds – with liquidity on their terms. Launched in 2021 as Realto, Inc., LODAS operates the first fully automated online marketplace matching buyers and sellers of assets like non-traded real estate investment trusts, business development corporations (BDCs) and private real estate investments.
LODAS Securities, LLC Member FINRA / SIPC - LODAS Securities, LLC is a wholly subsidiary of LODAS Markets, Inc.
The information provided herein does not constitute an offer to sell securities or the solicitation of an offer to buy securities, which can only be made by the applicable offering document filed and registered with the appropriate state and/or federal regulatory agencies and sold by broker dealers authorized to do so. There is no guarantee that a market will develop for some securities, and as a result, they may remain illiquid.