NEWS

Hines Private Wealth Solutions Launches for Investors

April 2, 2024

Reflects the firm’s dedication to providing a suite of offerings designed to meet individual investors’ needs

(HOUS­TON) – Hines, the glob­al real estate invest­ment man­ag­er, today launched Hines Pri­vate Wealth Solu­tions (“Hines PWS”) to reflect its investor-cen­tric approach and range of offer­ings avail­able to indi­vid­ual investors. The Hines PWS plat­form intends to build on the momen­tum of the firm’s 20 years in the pri­vate wealth space and cap­i­tal­ize on the expect­ed growth of the sec­tor by broad­en­ing and deep­en­ing its rela­tion­ships across dis­tri­b­u­tion chan­nels, explor­ing oppor­tu­ni­ties for expan­sion in Europe and Asia, and con­tin­u­ing to pro­vide invest­ment oppor­tu­ni­ties across the risk and return spec­trum designed to meet the diverse goals of investors.

The firm sees enor­mous poten­tial in this chan­nel giv­en its posi­tion as a real estate leader with a glob­al foot­print and 67 years of oper­at­ing expe­ri­ence. In Feb­ru­ary, Hines announced the hir­ing of indus­try vet­er­an Paul Fer­raro, for­mer­ly head of Car­lyle Pri­vate Wealth, to lead its glob­al pri­vate wealth strat­e­gy. The Hines PWS launch reflects his approach to reframe the busi­ness to bet­ter rep­re­sent its com­mit­ment to offer­ing qual­i­ty prod­ucts with a vari­ety of investors and their par­tic­u­lar invest­ment goals in mind.

Our pri­vate wealth plat­form is the cul­mi­na­tion of two decades’ worth of evo­lu­tion and inno­va­tion,” not­ed Fer­raro, glob­al head of pri­vate wealth for Hines. Hines Pri­vate Wealth Solu­tions makes our mul­ti­fac­eted, solu­tions-based approach crystal-clear.”

The firm’s bro­ker-deal­er affil­i­ate pre­vi­ous­ly known as Hines Secu­ri­ties, Inc., has been renamed Hines Pri­vate Wealth Solu­tions LLC in con­junc­tion with the launch. Hines Pri­vate Wealth Solu­tions LLC will have the ben­e­fit of Ferraro’s over­ar­ch­ing vision as well as the con­tin­ued lead­er­ship of Mark Ear­ley, who will remain focused on its Amer­i­c­as busi­ness.

While Hines has had great suc­cess in attract­ing indi­vid­ual investors to our strate­gies to date, we see vast untapped poten­tial ahead of us,” said David Stein­bach, Glob­al Chief Invest­ment Offi­cer at Hines. We believe investors are increas­ing­ly seek­ing greater diver­si­fi­ca­tion with­in their port­fo­lios, and Hines is well posi­tioned to help them achieve their opti­mal invest­ment mix and address a vari­ety of finan­cial needs through the pow­er of real estate investing.”

As of Decem­ber 31, 2023, the pri­vate wealth plat­form has raised over $10.7 bil­lion through an array of offer­ings, includ­ing non-trad­ed real estate invest­ment trusts, pri­vate place­ments, and tax-deferred exchanges. It recent­ly expand­ed its busi­ness to bring oppor­tu­ni­ties to Cana­di­an and Latin Amer­i­can investors and intends to broad­en its investor base fur­ther abroad.

Read our whitepa­per now pre­pared by Hines’ pro­pri­etary research group on real estate as an invest­ment solu­tion, allo­ca­tion options, and strate­gic approach­es that pro­vide addi­tion­al lay­ers of diver­si­fi­ca­tion. For addi­tion­al infor­ma­tion about Hines Pri­vate Wealth Solu­tions LLC, vis­it hine​spri​vatewealth​.com.

About Hines

Hines is a glob­al real estate invest­ment, devel­op­ment and prop­er­ty man­ag­er. The firm was found­ed by Ger­ald D. Hines in 1957 and now oper­ates in 30 coun­tries. We man­age a $93.2B¹ port­fo­lio of high-per­form­ing assets across res­i­den­tial, logis­tics, retail, office, and mixed-use strate­gies. Our local teams serve 857 prop­er­ties total­ing over 270 mil­lion square feet glob­al­ly. We are com­mit­ted to a net zero car­bon tar­get by 2040 with­out buy­ing off­sets. To learn more about Hines, vis­it www​.hines​.com and fol­low @Hines on social media.

1Includes both the glob­al Hines orga­ni­za­tion and RIA AUM as of Decem­ber 312023.