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):July 25, 2022

HARTMAN SHORT TERM INCOME PROPERTIES XX, INC.

(Exact name of registrant as specified in its charter)

Maryland	000-53912	26-3455189
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification No.)
2909 Hillcroft, Suite 420, Houston, Texas		77057
(Address of principal executive offices)		(Zip Code)

Registrant's telephone number, including area code: (713) 467-2222

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:

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

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

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

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

Securities registered or to be registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
None	None	None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

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 7.01.Regulation FD Disclosure.

On July 25, 2022, Hartman Short Term Income Properties XX, Inc. (the “Company”) distributed to stockholders and financial advisors a video statement regarding the continued impact the Company’s distribution suspension. A transcript of the video is attached as Exhibit 99.1.

The information provided pursuant to this Item 7.01, including Exhibit 99.1, is “furnished” and shall not be deemed to be “filed” with the Securities and Exchange Commission or incorporated by reference in any filing under the Securities Exchange Act of 1934, as amended, or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filings.

Item 9.01. Financial Statements and Exhibits.

(a) Exhibits

Exhibit Number	Exhibit Description
99.1	Transcript of Video Statement from Allen R. Hartman

SIGNATURE

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 thereunto duly authorized.

	HARTMAN SHORT TERM INCOME PROPERTIES XX, INC.
	(Registrant)
Date: July 28, 2022	By:	/s/ Allen R. Hartman
		Allen R. Hartman
		Chairman of the Board and Chief Executive Officer

EX-99.1

Exhibit 99.1

Transcript of Video Message from Allen R. Hartman

Thank you for joining us, everybody. We have listened to your feedback from the last video I made a week ago and want to address some of your concerns.

One thing is about the net asset value per share of the stock is $12.08. That remains unchanged; however, going forward with increasing cap rates on properties, it could be reduced 10 to 15%. The increasing interest rates we're faced with, with our floating rate debt, is consuming the free cash flow, which is the main reason for the cut in the distributions.

Thankfully, our leverage is relatively low. We're about 43% leveraged, and as a result we can pay the debt, even in a rising interest rate environment. The value of the company is solid, as the operating performance remains strong. We are anticipating reaching 88% occupancy this year, which is what the budget is for the company, and we're currently very close to 85% and well on our way and actually ahead of budget for the year.

There's also a lag and realized income from that new leasing activity, so while the occupancy is increasing the cash flow will be impacted in the future, not immediately. In addition, we have debt that's due in 15 months, and we're addressing that by selling assets, reducing the debt by selling assets so we can replace the loan at the end of 15 months. This will allow us to preserve the equity and resume making distributions and paying redemptions.

Furthermore, we're cutting expenses both at the property level, with the management level, to further enhance cash flow. Also, there's going to be more information to come in the next week or two regarding our specific strategies on how we're reducing debt and preserving your equity.

Thank you very much for the confidence you have shown in investing with us. Rest assured we're doing everything possible to preserve your equity and enhance the company's operations. Thank you and God bless you.