Current Report on Form 8-K
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 or 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): March 7, 2007

Hartman Commercial Properties REIT
(Exact Name of Registrant as Specified in Its Charter)
                   
Maryland
  
000-50256
  
76-0594970
(State or other jurisdiction of incorporation
or organization)
  
(Commission File Number)
  
(I.R.S. Employer
Identification No.)
   
 
    
                   
1450 West Sam Houston Parkway North, Suite 111
Houston, Texas 77043
(Address of principal executive offices)
(Zip Code)
 
(713) 827-9595
(Registrant’s telephone number, including area code)
 
(Former name or former address, if changed since last report)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨  
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨  
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨  
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨  
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))



 

 
Item 7.01 Regulation FD Disclosure.

On March 7, 2007 Hartman Commercial Properties REIT (“HCP REIT”) issued a press release announcing that it closed on refinancing its Windsor Park Centre, San Antonio, a retail property that it has owned since December 2003. HCP REIT replaced a $5.1 million loan at an annual interest rate of 8.34% with a $10 million loan at a 6.04% annual interest rate, maturing March 1, 2014. The refinancing reduces the debt service (cash outflow) by $243,000 annually, and makes available $4.7 million to the Company for new value added acquisitions and improvements to existing properties.

A copy of this press release is furnished herewith as Exhibit 99.1 to the Current Report on Form 8-K and is incorporated herein by reference.

 
 
Item 9.01         Financial Statements and Exhibits.
 
(d) Exhibits.

99.1 Press Release, dated March 7, 2007
 

 
 
 
 
 
 
 
 


 

 
SIGNATURES
 

 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 

     
  Hartman Commercial Properties REIT
 
 		  
 		  
 
Date:  March 7, 2007 By:              /s/  James C. Mastandrea
 
Name:   James C. Mastandrea
Title:    Interim Chief Executive Officer