About Us

SR Realty Trust, Inc. is a private real estate investment trust, or REIT, formed on September 15, 2014 for the purpose of investing in a diversified portfolio of commercial real estate properties and other real estate related assets. Our portfolio consists of various types of commercial real estate property, including office, industrial, retail, and multi-family residential. As of December 31, 2022, SR Realty Trust owns over $446 million in assets.

Our primary investment objectives are:

  • To preserve and protect stockholders’ capital
  • To pay consistent distributions to shareholders, and
  • To deliver long-term capital appreciation

The Company’s investment strategy is to acquire and maintain a diversified portfolio of income-producing commercial real estate assets. Our acquisitions focus on stability and consistency of income, disciplined and controlled growth, and transparency to investors. The Company maintains a long-term, buy-and-hold mentality and may also attempt to capitalize on short-term market considerations to maximize our investments.


Board of Directors

Bradley J. Schafer

Chairman, Chief Executive Officer

Bradley J. Schafer serves as Chairman and Chief Executive Officer. Mr. Schafer is a Founding Principal of Schafer Richardson and has over 37 years of commercial real estate experience.

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Steven G. Norcutt

Director, President, Chief Operating Officer

Steven G. Norcutt serves as Director, President and Chief Operating Officer of the company. Mr. Norcutt joined Schafer Richardson in 2009 as Principal, President and Chief Operating Officer.

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N. Christoper (Kit) Richardson

Director, Secretary

N. Christopher (Kit) Richardson serves as Director and Secretary of the company.

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Peter Bell | SR Realty Trust

Peter Bell

Director

Peter Bell is the former Chair of the Metropolitan Council, which is a cabinet-level position appointed by the Governor. Prior to his position at the Metropolitan Council, Peter was executive vice president of Publishing & Educational Services (PES) at the Hazelden Foundation in Center City, Minnesota.

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Jim Hansen | SR Realty Trust

James W. Hansen

Director

Jim Hansen has been President of Hill-Murray High School since 2015. Prior to joining Hill Murray he was Chairman of the Board of JAMF Holdings and Reliable Property Services.

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David Smith | SR Realty Trust

David W. Smith

Director

Dave Smith invested in Buddy’s Kitchen, Inc. in September 2007 and became its CEO at that time. After a decade of rapid growth, Buddy’s was sold in late 2017 to a publicly-traded Canadian food company, with Dave remaining as its CEO.

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Jeff Wright | SR Realty Trust

Jeff Wright

Director

Jeff Wright runs a business advisory practice that focuses on strategic financial consulting. In addition to SR Realty Trust, he currently serves on the board of directors of Hawkins, Inc., Lube-Tech, LLC, and E. A. Sween Co.

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Our Team

Bradley J. Schafer

Chairman, Chief Executive Officer

Bradley J. Schafer serves as Chairman and Chief Executive Officer. Mr. Schafer is a Founding Principal of Schafer Richardson and has over 37 years of commercial real estate experience.

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Steven G. Norcutt

Director, President, Chief Operating Officer

Steven G. Norcutt serves as Director, President and Chief Operating Officer of the company. Mr. Norcutt joined Schafer Richardson in 2009 as Principal, President and Chief Operating Officer.

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N. Christoper (Kit) Richardson

Director, Secretary

N. Christopher (Kit) Richardson serves as Director and Secretary of the company.

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Gregory J. Springer

Treasurer

Gregory J. Springer serves as the Company’s Chief Financial Officer and Treasurer. Mr. Springer joined Schafer Richardson in 2014 and oversees the financial and administrative aspects of the business.

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Evan C. Richardson

Senior Vice President - Investments

Evan C. Richardson currently serves as Senior Vice President - Investments of SR Realty Trust. Mr. Richardson joined SR Realty Trust’s parent company, Schafer Richardson, in 2013.

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Jessica L. Welk

General Counsel

Jessica L. Welk serves as the General Counsel for Schafer Richardson. She leads the company’s legal team and supports Schafer Richardson’s Development, Asset Management, Property Management, Construction, Leasing, Accounting and SR Realty Trust teams.

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Thomas M. Mott

Vice President, Asset Management

Thomas M. Mott joined Schafer Richardson as Vice President, Asset Management in 2020. He is responsible for the financial and strategic goals of SR Realty Trust and affiliated Schafer Richardson properties.

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Tom Sawatske, CFA

Vice President, Acquisitions

Tom Sawatske, CFA, serves as Vice President of Acquisitions. In this role, Tom has primary responsibility for leading the acquisition and finance efforts for SR Realty Trust (SRRT).

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Thomas J. Hainje

Associate General Counsel

Thomas J. Hainje serves as Associate General Counsel for Schafer Richardson, and provides guidance to Schafer Richardson’s Development, Asset Management, Property Management, Construction, Leasing, Accounting, and SR Realty Trust teams on a wide array of legal matters.

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Laura J. Hanneman

Investor Services Manager

Laura J. Hanneman joined Schafer Richardson and SR Realty Trust in 2018 as a member of the Capital Markets team and is the Investor Services Manager.

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Anna Scheetz

Senior Asset Manager

Anna Scheetz, CCIM currently serves as a Senior Asset Manager. In her role, Anna is responsible for executing the overall asset management strategy of SR Realty Trust and affiliated Schafer Richardson entities.

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Kevin Howat

Kevin Howat

Senior Asset Manager

Kevin Howat joined Shafer Richardson in 2022 as a Senior Asset Manager with a particular focus on the company’s multi-family assets.  Kevin has over 25 years of experience including COO responsibilities for two privately held apartment management companies.

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Paul Gibbs

Senior Asset Manager

Paul Gibbs joined Schafer Richardson as Senior Asset Manager in 2022 with a primary focus on office, industrial, and retail assets.

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Jackie Evenson

Asset Management Analyst

Jackie Evenson joined Schafer Richardson in July 2022.  As an Asset Management Analyst, she assists with the preparation of quarterly and annual reports along with reviewing financial statements, annual budgets, and key performance metrics.

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