Greenville, S.C. | April 27, 2017 – SANDLAPPER Securities, LLC has been engaged by HC Government Realty Trust, Inc. to raise up to $30 million for their public real estate investment trust (“REIT”). The REIT is focused on the acquisition and management of federally leased, built-to-suit and refit-to-suit, single tenant properties located in small to midsize markets nationwide. The offering is the first in a capital campaign that management estimates at $150 to $200 million over the next 3 to 5 years.
“We are excited to be part of the team raising capital for the HC Government Realty Trust,” states SANDLAPPER Securities Founder and CEO Trevor L. Gordon. “Real estate investments continue to be an integral driver of diversity and income for client in their portfolios, and we feel confident in the high credit worthiness of the tenant(s) in the underlying holdings. It doesn’t get any better than the full-faith and credit of the U.S. Government.” Gordon continues, “and given that this opportunity has been structured as a public REIT under Tier 2 of Regulation A, there is a greater opportunity for more investors to participate in this segment of the real estate investing market for as little as $1,500. This is considerably less than the limitations under which most private real estate offerings are brought to market today solely for high-net worth accredited investors. This opportunity is truly for all Americans.”
The HC Government Realty Trust is managed by Holmwood Capital Advisors, LLC, a fully integrated real estate management and advisory company based in Sarasota, FL. “SANDLAPPER Securities was a logical choice to distribute and manage the securities compliance of our offering given their extensive experience raising capital for real estate-based offerings through the broker dealer community,” states Robert Kaplan, Jr., President and Co-Founder of HC Government Realty Trust and Vice President of its advisor Holmwood Capital Advisors. “SANDLAPPER and its principals have raised in excess of $584 million to acquire over $1.2 billion in assets over 89 offerings primarily in the real estate space. We felt they truly understand the market, the assets and customers suitable for these types of investments, and since our REIT complements the asset classes in which they are already working, we saw the chance to help them offer greater diversity and income streams to a broader cross section of investors by working together.”
ABOUT SANDLAPPER SECURITIES, LLC
SANDLAPPER Securities, LLC (Member FINRA/SIPC), is an award winning independent securities brokerage firm with registered representatives located throughout the United States. SANDLAPPER principals and founders Trevor Gordon and Jack Bixler, along with their senior management team bring more than 100 years of financial service, advisory, and management experience to the organization. In 2013, the company was named the #1 small business in South Carolina by SC Biz News. In 2016, for the fourth year in a row, the company was named one of the 5,000 fastest-growing private companies in America and number one Financial Services Company based in South Carolina by Inc. magazine. For more information visit www.sandlappersecurities.com.
ABOUT HC GOVERNMENT REALTY TRUST, INC.
HC Government Realty Trust, Inc. was formed in 2016 with the purpose of acquiring and operating GSA properties, which are full-faith credit obligations of the U.S. Government. GSA-leased real estate asset classes typically possess a highly stable tenant base, long-term lease structures and low risk of tenant turnover. The Company’s initial portfolio consists of U.S. Government tenant agencies, including a number of the U.S. Government’s largest and most essential agencies, such as the Drug Enforcement Administration, the Federal Bureau of Investigation, the Social Security Administration and the Department of Transportation. For more information, please visit our corporate website at www.hcgovtrust.com.
ABOUT THIS PRESS RELEASE
This press release is neither an offer to sell nor a solicitation of an offer to buy any securities of the Company, including without limitation the common stock. Any such offer is made exclusively through the Company’s final offering circular dated November 7, 2016, as the same may be amended or supplemented (the “Final Offering Circular”). The Final Offering Circular is available at: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&filenum=024-10563&owner=include&count=40
We make statements in this press release that are considered “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), which are usually identified by the use of words such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “seeks,” “should,” “will,” and variations of such words or similar expressions. We intend for these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and are including this statement in this press release for purposes of complying with those safe harbor provisions. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions we have made. Although we believe that our plans, intentions, expectations, strategies and prospects as reflected in or suggested by those forward-looking statements are reasonable, we can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. Furthermore, actual results may differ materially from those described in the forward-looking statements and will be affected by a variety of risks and factors that are beyond our control. For further discussion of the factors that could affect outcomes, please refer to the risk factors set forth in the “Risk Factors” section of the Final Offering Circular. We assume no obligation to update publicly any forward looking statements, whether as a result of new information, future events or otherwise.