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, 2023, SR Realty Trust owns over $465 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
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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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 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
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.
Full Profile ...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.
Full Profile ...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.
Full Profile ...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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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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Erik Condra
Director of Business Development
Erik Condra serves as Director of Business Development. In this role, Erik is responsible for helping drive the growth of the Company through strategic partnerships, new market opportunities, and maintaining strong relationships with investors.
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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
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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