Hines Securities Home News Investor Login REITs BDCs About Us Financial Advisors Forms About Us About Hines Securities About Hines Contact Us About Hines Hines is the sponsor of REIT and BDC investment products sold through its broker/dealer affiliate, Hines Securities. Over the last 58 years, Hines built a reputation as one of the world’s leading real estate investment, development and management firms. Hines’ focus on integrity, quality and conservative business practices has helped win the confidence of major corporations, pension funds, insurance companies and other institutional investors seeking diversification with commercial real estate by partnering with Hines or investing in Hines’ private programs. Please note that institutional investors invest on different terms and fee structures than individuals. Hines observed the accelerating shift of corporations away from defined benefit pension plans toward defined contribution plans that require individuals to assume a greater role in charting the direction of their own investments. The firm entered the retail investment market by sponsoring two non-traded REITs—Hines REIT and Hines Global REIT, now closed to new investors. In 2012 Hines launched HMS Income Fund, a business development company—and launched Hines Global II in 2014 with the ability to invest in a variety of types of real estate investments in the U.S. and abroad. Hines’ investment experience includes: Experience in credit evaluation and underwriting tenants across industries and markets, including many middle-market companies. Hines has $84.9 billion in assets under management.1 Through Hines Securities, Inc., Hines raised $6.1 billion in three public, non-traded REITs and a public non-traded BDC.2 Expertise in analyzing, valuing, structuring, negotiating and closing transactions. You should not assume that the experience of Hines will translate into positive results for Hines Global REIT, Hines REIT or HMS Income Fund. 1As of December 31, 2014. Includes $42.7 billion in assets that Hines manages as a fiduciary and $42.2 billion for which Hines provides third-party property management services. 2As of June 30, 2015. With the exception of the four publicly offered programs noted, Hines’ prior programs were conducted through privately held entities not subject to the up-front commissions, fees and expenses associated with this offering or all of the laws and regulations to which public offerings are subject. A significant portion of the financial results of these programs involve development projects. Investors are not acquiring an interest in Hines. Investors should not assume that the performance of Hines’ previous programs will be indicative of future results for any investment available through Hines Securities. Economic conditions have had an adverse impact on commercial real estate markets during the global recession. In November 2009, Hines Real Estate Investment Trust, Inc. (“Hines REIT”), a public non-traded REIT sponsored by Hines that is closed to new investors, suspended its share redemption program, except with respect to redemptions in connection with the death or disability of a stockholder. Beginning April 1, 2013, the share redemption program was reopened, subject to the limitations set forth in the terms of the program. As of September 30, 2014, shares redeemed pursuant to ordinary redemption requests were redeemed at $5.45 per share ($6.40 per share for requests in connection with the death or disability of a stockholder). Beginning on April 1, 2015, any eligible requests in connection with the death or disability of a stockholder that are redeemed will be at $6.50 per share, but ordinary requests will continue to be at $5.45 per share. In May 2011, Hines REIT’s board of directors determined an estimated per share net asset value (“NAV”) of $7.78, a reduction from the most recent offering price of $10.08. In November 2012, Hines REIT’s board determined an estimated per share NAV of $7.61. Subsequently, Hines REIT declared a special distribution of $.80 per share, which, combined with the additional special distributions (all of which represent a return of capital) paid since Hines REIT’s announcement of an estimated per share NAV of $7.61, resulted in a reduction of the estimated per share NAV to $6.75, effective April 2, 2013. In November 2013, Hines REIT’s board of directors determined an estimated per share NAV of $6.40. In addition, Hines REIT decreased its distribution rate in July 2010 and further decreased the rate in April 2013. In December 2014, Hines REIT’s board of directors determined an estimated per share NAV of $6.50. Hines also sponsored Hines Global REIT (“Hines Global I”), which was launched in August 2009. In January 2012, Hines Global I lowered its distribution rate. In January 2013, Hines Global I closed its initial public offering and launched a follow-on offering with a share price of $10.28, a 2.80% increase from the initial public offering price of $10.00. On March 4, 2014, shares of Hines Global I were repriced at $10.40. In both cases, the Hines Global I board of directors determined the new offering price based on third-party appraisals and other factors. Hines Global I determined an estimated per share NAV of $8.78 as of December 31, 2012, an estimated per share NAV of $8.90 as of December 31, 2013, and an estimated per share NAV of $9.44 as of December 31, 2014. Hines Global I ceased offering primary shares to new investors on April 11, 2014. Several of Hines’ privately offered programs have experienced adverse economic developments in recent years due to the global financial crisis and deteriorating economic conditions in several European and Latin American countries, Mexico and several U.S. markets. The adverse market conditions may cause these programs to alter their investment strategy, generate returns lower than originally expected, or ultimately incur losses. CONTACT US TERMS OF USE PRIVACY POLICY SITE MAP BUSINESS CONTINUITY PLAN RISK FACTORS This website is neither an offer to sell nor a solicitation of an offer to purchase shares of any security offered by Hines Securities, Inc. Such securities are offered only by means of a prospectus. This material must be read in conjunction with a prospectus in order to understand fully all of the implications and risks of an investment in the securities offered by Hines Securities. Neither the Securities and Exchange Commission, the Attorney General of the State of New York nor any other state securities regulator has passed on or endorsed the merits of the securities offered by Hines Securities. Any representation to the contrary is unlawful. Download the prospectus and view SEC Filings, including all current supplements, for HMS Income Fund. | View summary risk considerations. Download the prospectus and view SEC Filings, including all current supplements, for Hines Global REIT II. | View summary risk considerations. NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. Hines Securities, Inc., Member FINRA/SIPC, is the dealer manager. 9/2015 Copyright © 2010-2015 Hines Securities, Inc. All rights reserved. Hines and the Hines logo are registered trademarks of Hines Interests Limited Partnership. View Mobile Site