Hines, a leading global real estate investment manager, has announced that Hines Private Wealth Solutions has completed more than $1.1 billion across eight Delaware Statutory Trust (DST) offerings from qualified investors, since the launch of the Hines Real Estate Exchange (HREX) platform in 2022. This milestone further establishes the platform’s scale within the firm’s private wealth solutions business.
Most recently, Hines Private Wealth Solutions has successfully completed HREX 8 DST, a $145 million DST offering.
HREX 8 DST owns Montrose Collective, a 189,000-square-foot, best-in-class mixed-use asset in Houston’s Montrose district. The property is leased to a diverse mix of retailers and restaurants, including a Fortune 500 company, and is located in a highly supply-constrained urban submarket that has experienced approximately 35 percent population growth over the past decade.
The asset was sourced from Hines Global Income Trust (HGIT). Its portfolio,
