Hines Global Income Trust subsidiary closes $133.8M DST offering for The Emerson (96% leased)

HINES GLOBAL INCOME TRUST, INC.

Hines Private Wealth Solutions closed $133.8M DST offering for The Emerson, a 355-unit luxury apartment complex in Centreville, VA, 96% leased as of June 30, 2024.
Also closed Hines Ann Arbor Multifamily LLC private placement for a 370-unit Class A multifamily development in Ann Arbor, MI, expected completion by late summer 2026.
The Emerson is owned by HREX Multifamily II DST, a subsidiary of Hines Global Income Trust, which has a $4.26B portfolio as of August 31, 2024.
Hines Private Wealth Solutions platform has raised over $11B to date through non-traded REITs, private placements, and tax-deferred exchanges.

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