HINES SECURITIES, INC.
HOUSTON, TX

About Hines Securities About Hines Securities Hines Securities, Inc. is the broker-dealer affiliate of Hines, a privately owned global real estate investment development and management firm, founded in 1957, with more than 4,000 team members worldwide and a presence in 201 cities in 24 countries and $111 billion of assets under management. In an effort to allow individual investors to be able to access the expertise Hines developed with institutional investors, Hines Securities launched four investment products between 2004 and 2014. Hines Securities at a Glance HMS Income Fund, a non-traded business development company, was launched to meet the specialized investment product needs of its independent broker-dealer network and their investor clients. Hines, a privately owned global real estate investment, development and management firm, is the sponsor of REIT and BDC investment products sold through its broker/dealer affiliate, Hines Securities. Over the last 60+ years, Hines has become one of the world's largest real estate investment managers. 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. In an effort to allow individual investors to be able to access the expertise developed with institutional investors, the firm entered the retail investment market by sponsoring four investment products. Experienced Global Product Sponsor Real Estate Products Business Development Company In 2012 Hines launched HMS Income Fund, a business development company now closed to new investors. $7 billion raised through Hines Securities' three public, non-traded REITs and a public non-traded BDC. 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. 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. 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. 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. 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. 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.