1st Streit Office Inc.

07/03/2024 | Press release | Distributed by Public on 07/03/2024 11:40

Change in Chief Operating Officer Form 1 U

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 1-U

CURRENT REPORT

Pursuant Regulation A of the Securities Act of 1933

July 1, 2024

(Date of Report (Date of earliest event reported))

1st stREIT Office Inc.

(Exact name of issuer as specified in its charter)

Maryland 81-4602947
(State or other jurisdiction of incorporation) (IRS Employer Identification No.)
9595 Wilshire Blvd. Suite 800 Beverly Hills, CA 90212
(Address of principal executive offices) (ZIP Code)

(310) 907-5527

(Issuer's telephone number, including area code)

Common Stock

(Title of each class of securities issued pursuant to Regulation A)

Item 9. Other Events

Change in Chief Operating Officer

Effective July 1, 2024, Andrew Kowell resigned as Chief Operating Officer of 1st stREIT Office Inc. (the "Company"). Following Mr. Kowell's resignation, Kyle Schulman will serve as Chief Operating Officer of the Company. Prior to joining the Sponsor in June 2024, Mr. Schulman served as Vice President, Asset Management at TPG Angelo Gordon where he focused on asset management for the West Coast region across all major asset classes. Mr. Schulman graduated cum laude from the University of California, Los Angeles with a degree in Business Economics and minors in Accounting and Environmental Systems & Society. He maintains an active California Department of Real Estate Salesperson license, is a LEED Green Associate, and holds a Certified Public Accountant license in the state of California.

Safe Harbor Statement

This Current Report on Form 1-U contains forward-looking statements. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "could," "seeks," "projects," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties, including those described under the section entitled "Risk Factors" in the Company's most recent Offering Statement on Form 1-A filed with the SEC, as such factors may be updated from time to time in the Company's subsequent filings with the SEC, which are accessible on the SEC's website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in the Company's filings with the SEC. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

SIGNATURES

Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

1st stREIT OFFICE INC.
By: SW Manager, LLC
Its: Manager
By: /s/ Jeffrey Karsh
Name: Jeffrey Karsh
Title: Chief Executive Officer

Date: July 3, 2024