SEC filing record
Primary Source · SEC.gov

HREX 10, DST

Single-Deal SPV2026 vintage506(b)
Latest signalNew Form D filerForm D · 2026-10-20Last filing 2026-10-20

Raised

Pre-open

Investors

—

Min Invest

$250,000

AltStreet Analysis

·

Generated from EDGAR primary sources

HREX 10, DST is a Delaware statutory trust offering equity securities under Rule 506(b), filed by Hines Real Estate Exchange, LLC and affiliated Hines entities with Jeffrey Hines listed as an executive officer. The filing is pre-open, with no disclosed capital raised, investor count, or first sale date, and sets a $250,000 minimum investment; this appears to be a standalone DST vehicle not yet linked to a tracked platform.

This filing follows the common pattern for real estate DST offerings used in 1031 exchange structures, relying on the 506(b) exemption which permits limited non-accredited participation but restricts general solicitation. A $250,000 minimum is consistent with institutional-grade real estate DST offerings, which typically run higher than standard 506(c) retail alternative investment minimums.

Data Flags

generalFiling is pre-open with no disclosed first sale date, total amount sold, or investor count — consistent with an initial Form D filed at or near launch rather than after capital has been raised.
Related PersonsAll related persons are listed with an 'N/A' prefix before their name/entity, which appears to be a data formatting artifact rather than a substantive naming issue.

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0002160686
Entity NameHREX 10, DST
ExemptionRule 506(b)
What the exemption meansRule 506(b) of Regulation D: securities may be sold to an unlimited number of accredited investors and up to 35 non-accredited investors who meet the rule's sophistication standard, without general solicitation or advertising.
Entity TypeOther
Jurisdiction of OrganizationDelaware
Year Organized2026
Issuer Address845 Texas Avenue, Suite 3300, Houston, TX 77002
Phone(888) 220-6121
Industry / Fund TypeOther Real Estate
Securities TypeEquity
First Sale DateNot yet occurred (as filed)
Filing DateOctober 20, 2026
Accession Number0002160686-26-000001
Total Offering Amount$725,171,159
Total Amount Sold$0 (no sales yet)
Amount Remaining$725,171,159
Total Investors0 (no sales yet)
Non-Accredited InvestorsNone
Minimum Investment$250,000
Offering DurationOne year or less
Sales Commissions$36,258,558 (to Hines Private Wealth Solutions LLC)
Finders' Fees$0
Proceeds to Related Persons$16,316,351
Revenue RangeDecline to Disclose
State (Issuer Address)TX
Amendment CountOriginal filing only
Signed ByLeRonica Hill, Chief Compliance Officer

Filings on Record

Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.

In the Terminal

Filing events

1

latest Oct 20, 2026

Critical / warning

0 / 0

0 watch · 1 info

Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

1

pre_sale

Latest event New filer · Oct 20, 2026

SEC.gov
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Fund family Part of the HREX DST family: 6 vehicles across 6 generations · full family and the filing behind each link in the terminal

Investor

  • The full fund family and any related vehicles (parallel, feeder, successor, sibling series) with the filing that shows each link
  • 1 filing event with values and deltas, latest 2026-10-20, and alerts on the next one
  • 1 offering timeline: velocity, share raised, first-sale lag, stalled flags

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Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

N/A Hines Real Estate Exchange, LLC

Executive Officer · Houston, TX

N/A HREX 10 Depositor, LLC

Executive Officer · Houston, TX

N/A HREX 10 DST Manager, LLC

Executive Officer · Houston, TX

Jeffrey Hines

Executive Officer · Houston, TX

Placement Agents and Sales Compensation (Form D)

Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.

Hines Private Wealth Solutions LLCCRD 128145 on BrokerCheck

Associated broker-dealer: None · Houston, TX · Soliciting in all states

Questions About HREX 10, DST

Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.

What is HREX 10, DST?

HREX 10, DST is a Delaware entity organized in 2026 that filed a Form D with the SEC on October 20, 2026 in the Other Real Estate industry group. The filing claims Rule 506(b) for an offering of equity.

Is HREX 10, DST legit?

AltStreet does not rate legitimacy; it reports the public record. HREX 10, DST filed a Form D with the SEC on October 20, 2026 claiming Rule 506(b). A Form D is a notice of an exempt offering, not a review or approval of it. No sales had been reported as of that notice. 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 HREX 10, DST 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 HREX 10, DST claimed Rule 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 HREX 10, DST raised?

HREX 10, DST reported that the first sale had not yet occurred as of the Form D filed October 20, 2026, so no amount sold or investor count is on file. The total offering amount is $725,171,159.

Who can invest in HREX 10, DST?

The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $250,000.

What is the minimum investment in HREX 10, DST?

The Form D lists $250,000 as the minimum investment accepted from any outside investor as of October 20, 2026. Issuers can waive their own minimums, and the figure does not include fees.

Who is selling HREX 10, DST and how are they paid?

The Form D names Hines Private Wealth Solutions LLC (CRD 128145), associated with None as the recipient of sales compensation soliciting in all states. Sales commissions are reported as $36,258,558 and finders' fees as $0. Form D allows these to be estimates. The issuer reports $16,316,351 of gross proceeds used or proposed to be used for payments to related persons.

Who is behind HREX 10, DST?

The Form D lists 4 related persons: Hines Real Estate Exchange, LLC, executive officer (Sponsor of the Issuer); HREX 10 Depositor, LLC, executive officer (Depositor of the Issuer); HREX 10 DST Manager, LLC, executive officer (Administrative Trustee of the Issuer); Jeffrey C. Hines, executive officer (Chairman and Co-Chief Executive Officer). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is HREX 10, DST located?

The issuer's address on its SEC filings is 845 Texas Avenue, Suite 3300, Houston, TX 77002. Its phone number of record is 888-220-6121. It is organized under the laws of Delaware.

How long is the HREX 10, DST offering open?

The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open, and no amendment is on record yet.

What is HREX 10, DST's revenue?

The issuer declined to disclose its revenue range on the Form D, which the form permits.

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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.