HPS Net Lease Income REIT 2026: Is It Legit? Form D Raise, Investors, Who Is Behind It

Q: What is HPS Net Lease Income REIT?

HPS Net Lease Income REIT is an issuer that filed a Form D with the SEC on November 13, 2026. The filing claims 506(b).

Q: Is HPS Net Lease Income REIT legit?

AltStreet does not rate legitimacy; it reports the public record. HPS Net Lease Income REIT filed a Form D with the SEC on November 13, 2026 claiming 506(b). A Form D is a notice of an exempt offering, not a review or approval of it. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.

Q: Is HPS Net Lease Income REIT registered with or approved by the SEC?

No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that HPS Net Lease Income REIT claimed 506(b) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.

Q: How much has HPS Net Lease Income REIT raised?

HPS Net Lease Income REIT reported no amount sold as of the Form D filed November 13, 2026.

Q: Who is selling HPS Net Lease Income REIT and how are they paid?

The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly.

Q: Where is HPS Net Lease Income REIT located?

The issuer's address on its SEC filings is 8027 Forsyth Boulevard, St. Louis, MO 63105. Its phone number of record is (314) 828-4200. It is organized under the laws of Maryland.

AltStreetEDGAR DatabaseHPS Net Lease Income REIT
SEC filing record
Primary Source · SEC.gov
HPS Net Lease Income REITFund Vehicle2026 vintage506(b)
Raised
Pre-open
Investors
—
Min Invest
None stated
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AltStreet Analysis
·Generated from EDGAR primary sources
HPS Net Lease Income REIT is a Maryland-incorporated real estate investment trust that filed an original (non-amendment) Form D on 2026-11-13 under the Rule 506(b) exemption, offering equity securities. Total amount sold, investor count, minimum investment, and first sale date are not disclosed, consistent with a pre-open filing made ahead of an initial closing. Executive officers listed include James Koman, David Leavitt, Robert Busch, and Diana Huffman, with directors David Lehman, Robert Cummings Jr., Robert Van Dore, and Lisa Hess; no parent platform or related entities have been matched to this filer yet.
This filing represents a newly registered non-traded net lease REIT seeking accredited-investor capital under Rule 506(b), a common structure in the alternative real estate investment category. The absence of disclosed raise amount, investor count, and minimum investment is typical for an initial Form D filed before fundraising activity begins, rather than an indicator of offering scale or investor terms, which are generally detailed in the private placement memorandum rather than the Form D itself.
Data Flags
Total Amount SoldThis is an original Form D with no capital reported raised and no first sale date, consistent with a newly registered REIT filing ahead of its initial closing rather than a late or incomplete disclosure.
Industry GroupIndustry Group was left unspecified on the filing, limiting sector classification beyond the entity's own name.
States of SolicitationStates of solicitation were not specified, limiting visibility into the offering's intended geographic distribution.
EDGAR Filing Data
Form D — Primary Source
View on SEC.gov 
CIK Number0002107762
Entity NameHPS Net Lease Income REIT
Exemption506(b)
Entity Type—
Jurisdiction of OrganizationMaryland
Issuer Address8027 Forsyth Boulevard, St. Louis, MO 63105
Phone(314) 828-4200
Industry / Fund Type—
Securities TypeEquity
First Sale Date—
Filing DateNovember 13, 2026
Accession Number0002107762-26-000003
Total Offering Amount—
Total Amount Sold—
Total Investors—
Minimum Investment$0 (no stated minimum)
Offering Duration—
State (Issuer Address)MO
Amendment CountOriginal filing only
Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
James Koman
Executive Officer, Director · St. Louis, MO
David Leavitt
Executive Officer · St. Louis, MO
Robert Busch
Executive Officer · St. Louis, MO
Diana Huffman
Executive Officer · St. Louis, MO
David Lehman
Director · St. Louis, MO
Robert Cummings, Jr.
Director · St. Louis, MO
Robert Van Dore
Director · St. Louis, MO
Lisa Hess
Director · St. Louis, MO
Questions About HPS Net Lease Income REIT
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is HPS Net Lease Income REIT?HPS Net Lease Income REIT is an issuer that filed a Form D with the SEC on November 13, 2026. The filing claims 506(b).
Is HPS Net Lease Income REIT legit?AltStreet does not rate legitimacy; it reports the public record. HPS Net Lease Income REIT filed a Form D with the SEC on November 13, 2026 claiming 506(b). A Form D is a notice of an exempt offering, not a review or approval of it. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.
Is HPS Net Lease Income REIT registered with or approved by the SEC?No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that HPS Net Lease Income REIT claimed 506(b) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.
How much has HPS Net Lease Income REIT raised?HPS Net Lease Income REIT reported no amount sold as of the Form D filed November 13, 2026.
Who is selling HPS Net Lease Income REIT and how are they paid?The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly.
Where is HPS Net Lease Income REIT located?The issuer's address on its SEC filings is 8027 Forsyth Boulevard, St. Louis, MO 63105. Its phone number of record is (314) 828-4200. It is organized under the laws of Maryland.
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Sponsor EDGAR Footprint
Entities on EDGAR8
Total raised$979M
Total investors15
Vintages2021–2026
Aggregated across this manager's Form D entities tracked by AltStreet. Source: SEC EDGAR.
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Data Methodology
Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.