Key Takeaways
- • Hines Private Wealth Solutions completed HREX 9 DST, a roughly $591 million Delaware Statutory Trust offering, according to an SEC 8-K filed by Hines Global Income Trust on October 20, 2026.
- • Hines Global Income Trust (HGIT) supplied two multifamily properties to the offering: Gables Station in Coral Gables, Florida, and Left Bank in Chicago, Illinois.
- • The two properties total 946 units and approximately 957,000 rentable square feet.
- • The offering is structured to provide income, diversification and 1031 like-kind exchange benefits to investors.
- • HGIT reported a gross asset value of about $7.29 billion as of September 30, 2026, highlighting its scale as a sourcing vehicle.
Summary
Hines Private Wealth Solutions has completed HREX 9 DST, a Delaware Statutory Trust offering totaling roughly $591 million, according to an SEC 8-K filing by Hines Global Income Trust, Inc. (NYSE-independent non-traded REIT ticker HGIT) dated October 20, 2026. The offering was populated with assets sourced from HGIT's own portfolio, underscoring the role the REIT plays as a source of institutional-quality real estate for Hines' private wealth platform.
HREX 9 DST owns two multifamily properties. Gables Station is located in Coral Gables, Florida, and Left Bank is located in Chicago, Illinois. Together the properties comprise 946 units and approximately 957,000 rentable square feet. The structure is designed to offer investors income, portfolio diversification and the tax-deferral benefits associated with 1031 like-kind exchanges, a common feature of DST offerings used by investors seeking to defer capital gains.
The transaction also provides a view of HGIT's scale. As of September 30, 2026, the trust's gross asset value stood at approximately $7.29 billion. The source material does not disclose the purchase price allocated to each property, the offering's investor count or the sponsor fee structure, and those details should be verified in the underlying filing.
HREX 9 DST owns two multifamily properties. Gables Station is located in Coral Gables, Florida, and Left Bank is located in Chicago, Illinois. Together the properties comprise 946 units and approximately 957,000 rentable square feet. The structure is designed to offer investors income, portfolio diversification and the tax-deferral benefits associated with 1031 like-kind exchanges, a common feature of DST offerings used by investors seeking to defer capital gains.
The transaction also provides a view of HGIT's scale. As of September 30, 2026, the trust's gross asset value stood at approximately $7.29 billion. The source material does not disclose the purchase price allocated to each property, the offering's investor count or the sponsor fee structure, and those details should be verified in the underlying filing.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.