Hartman Income REIT Management Inc., a sponsor of publicly registered non-traded real estate investment trusts, has hired Matthew Somers as a regional sales director to oversee sales across 10 states in the western half of the United States.
As an investment management consultant with more than 20 years in the wholesaling field, Somers will be responsible for raising capital for Hartman’s investment programs and building and managing client relationships within independent broker-dealer and registered investment advisor channels.
Prior to joining the firm, Somers served as senior vice president for BNY Mellon/Dreyfus where, according to the company, he was regularly recognized as a top producer in his sales regions, launched two closed-end initial public offerings, and generated approximately $2.5 billion in fund sales during his 17-year tenure at the firm.
“Matt joins our capital markets group at a pivotal time where a strong leader for sales development is needed. He has a proven track record of nurturing fruitful relationships with broker-dealer firms, and I look forward to watching him propel our fundraising efforts in the western region,” said Al Hartman, president and chief executive officer.
Somers holds a bachelor’s degree from Baker University and FINRA Series 7, 6, 65, and 63 securities licenses.
Hartman has experience acquiring, owning, managing, and leasing commercial office, retail, light industrial and warehouse properties located in Texas. Since 1983, Hartman and its affiliates have sponsored 29 programs and acquired interests in more than 90 real assets totaling approximately $805 million as of March 31, 2021.