Hartman Income REIT Management Inc. (Hartman) a Texas-based commercial real estate sponsor, has hired William Machacek as the regional sales director for the north central region of the United States.
Machacek is a financial professional with more than 20 years in the industry and will focus on raising capital for the firm and building new relationships with independent broker-dealers and registered investment advisors.
In his new position, he will oversee sales across Missouri, South Dakota, North Dakota, Iowa, Minnesota, Wisconsin, Michigan, Illinois, and Indiana.
Prior to joining Hartman’s capital markets group, Machacek served as a personal financial representative for Allstate Financial Services. Additionally, he has held previous senior sales roles at Guardian Investor Services and Provident Mutual Life Insurance.
Machacek attended Mankato State University in Minnesota where he earned his bachelor’s degree in finance. He also holds FINRA Series 7, 24, 31, 63, and 65 securities licenses, as well as an insurance license in Minnesota and Wisconsin for state life, disability, health, and variable annuity insurance.
“Bill (William) has deep expertise and a proven track record, and we are delighted to have someone with his caliber representing the north central region of our capital markets group,” said Al Hartman, president and chief executive officer.
In related news, late last month, Hartman hired Brian Baker as the regional sales director for the U.S. central region to oversee sales across Texas, Louisiana, Arkansas, Oklahoma, Kansas and Missouri.
Hartman has experience acquiring, owning, managing, and leasing commercial office, retail, light industrial and warehouse properties located in Texas. Since 1983, the firm and its affiliated entities have sponsored 29 programs and reportedly acquired interests in more than 90 real assets totaling approximately $805 million as of March 31, 2021.