fil-20250724

Maryland

001-41786

26-3455189

(State or other jurisdiction

(Commission File Number)

(IRS Employer

of incorporation)

Identification No.)

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 230.427)

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective July 24, 2025, the Board of Directors (the “Board”) of Silver Star Properties REIT, Inc. (the “Company”) appointed Michael A. Racusin as an independent director of the Company.

Michael A. Racusin, age 44, has resigned as an advisor to the Board and as our assistant corporate secretary. Mr. Racusin previously served the Company as Senior Vice President, General Counsel and Corporate Secretary from May 2021 to January 2024. Mr. Racusin managed legal matters affecting our company and its affiliates. Mr. Racusin currently serves as Chief Legal Office of Disrupt Equity, a vertically integrated commercial private equity and real estate investment firm specializing in multifamily acquisitions.

Prior to joining the Company in May 2021, Mr. Racusin served as General Counsel and Corporate Secretary of Luby's Inc., a publicly traded restaurant and food service company, where he also held positions as Associate General Counsel and Asst. Secretary since 2006. Mr. Racusin also co-founded and served as Chief Information Officer and General Counsel of EnergyFunders.com, the world’s first crowdfunding platform for energy projects. Mr. Racusin is a licensed member of the State Bar of Texas. Mr. Racusin earned a Bachelor of Arts from University of Texas at Austin and his Doctor of Jurisprudence from University of Houston Law Center.

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.


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