Investment Sponsor Overview

About Hines DST Investments

Hines is a global real estate investment manager and sponsor of Delaware Statutory Trust offerings for investors seeking fractional ownership of institutional-quality real estate through Section 1031 exchange structures.

Hines DST programs may include multifamily, industrial, office, mixed-use, self-storage, student housing, or other commercial real estate assets. These offerings are typically designed for long-term ownership and are not listed on a public exchange.

Because Hines DST interests are private real estate securities, investors who want liquidity before a property sale, refinance, or sponsor-directed exit may have limited options. Transferability, valuation, investor demand, financing terms, and sponsor requirements all need to be reviewed before determining whether a secondary market transaction may be available.

Alternative Investment Liquidity helps investors review Hines DST investments and evaluate whether a potential liquidity option may exist based on the specific DST program, ownership position, and current secondary market conditions.

Investment Snapshot

Hines DST
Investments At A Glance

DST Liquidity

Can You Sell A
Hines DST Investment?

Hines DST investments are generally intended to be held until the sponsor completes a property sale, refinance, or other liquidity event. However, some investors may need to explore liquidity earlier due to estate planning, portfolio changes, tax planning, cash needs, or changes in investment objectives.

Selling a DST interest is different from selling a publicly traded security. DST interests are private placements and may be subject to transfer restrictions, sponsor approval, minimum ownership requirements, investor qualification rules, and documentation review.

A potential sale depends on the specific Hines DST program, the underlying property or portfolio, current income performance, remaining loan terms, market demand, and whether qualified buyers are actively seeking exposure to that type of DST asset.

Secondary Market Review

How Hines DST
Positions Are Evaluated

Each Hines DST position is reviewed individually. There is no single universal price or market for all Hines DST investments. A review typically considers the DST’s asset type, location, property performance, remaining hold period, financing structure, distribution history, and available sponsor reporting.

The review also considers whether the interest can be transferred, whether the sponsor or trustee has specific assignment procedures, and whether the position is likely to attract qualified secondary market buyers.

Investors should understand that secondary market pricing may differ from original purchase price, reported value, or projected hold-period assumptions. A liquidity review is intended to help determine whether an actionable exit option may be available under current market conditions.

Common Reasons Investors Seek Liquidity

Why Investors Review
Hines DST Exit Options

Investors may explore selling a Hines DST interest for several reasons. Some need access to capital before the sponsor’s expected exit timeline. Others may want to simplify estate holdings, rebalance real estate exposure, reduce concentration in a specific property type, or move away from illiquid private real estate investments.

A secondary market review can help investors compare the benefit of immediate liquidity against the potential value of continuing to hold the DST until a future sponsor-directed event.

Our Review Process

How AIL Reviews
Hines DST Investments

The review process begins with basic information about the investment, including the name of the Hines DST program, the investor’s approximate ownership amount, and any available account statements or offering documents.

After reviewing the position, Alternative Investment Liquidity evaluates whether the interest may be transferable and whether there may be qualified buyer demand for the specific DST. If a potential transaction is available, investors can review the proposed terms before deciding whether to proceed.

There is no obligation to sell after requesting a review. The goal is to provide investors with a clearer understanding of their potential liquidity options.

Important Considerations

Before Selling A Hines DST Interest

Before pursuing a sale, investors should carefully consider tax consequences, transfer requirements, pricing expectations, and the potential value of future sponsor-directed liquidity events. DST sales may involve legal, tax, and administrative considerations that should be reviewed with appropriate advisors.

Alternative Investment Liquidity does not guarantee that every Hines DST investment will qualify for a secondary market transaction. Availability depends on the specific investment, documentation, transfer restrictions, and market demand at the time of review.

Frequently Asked Questions

Selling Hines DST Investments