Minimum investment
$250k
Offering size
$133.8M
How much has sold
100.0%
Asset type
Multifamily property
Location
Centreville, VA
Financing
Not stated. The filings for this offering do not say whether it carries mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
The Emerson combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
Show sources (1)Hide sources (1)
These links support the historical public record; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
- Reported location
- Centreville, VA
- Property size
- 355 units, 328,341 sf
How did it end?
Sold
Listed as a completed/full-cycle program on Hines's published track record.
The Emerson is a 355-unit, Class A multifamily property in Centreville, Virginia (Fairfax County), approximately 21 miles west of Washington, D.C. Originally acquired by Hines Global Income Trust in January 2020. The HREX Multifamily II, DST $138.7M private placement was reported fully subscribed by Hines Global Income Trust in September 2024.
355 units, 328,341 sfSupporting evidence
Who's behind it?
- Sponsor
- Hines
- Legal Trust name
- HREX Multifamily II, DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 1 active / 10 total offerings from Hines
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- First Form D filedThe public offering record begins.
- Offering amount recordedA Form D amendment recorded offering and sales totals.
- Filing record updatedA later amendment updated the sponsor’s filing record.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 4
- How it may be offered
- Rule 506(b)Not advertised publicly. Offered through existing relationships.
- Source filing
- Read the filings on SEC EDGAR
A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.
Common questions
What happened to The Emerson?
Top1031 lists The Emerson as historical. It is no longer raising money.
Where does Top1031 get the data for The Emerson?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Chapter 7HREX Multifamily II DST: Lawsuit InvestigationThe White Law Group announces it is investigating potential securities fraud claims related to HREX Multifamily II DST sponsored by Hines Real Estate Exchange, LLC, noting total offering of $138,736,810 and that broker/advisor commissions and fees may exceed 9%. Hines Global Income Trust Fully Subscribes $138.7 Million Multifamily DSTReports that HREX Multifamily II, DST — the $138.7M private placement for The Emerson in Centreville, VA — was fully subscribed by Hines Global Income Trust. Hines Private Wealth Solutions Successfully Closes Two Multifamily Private OfferingsHines Private Wealth Solutions mirror of the press release confirming the close of HREX Multifamily II DST (The Emerson, Centreville VA) alongside the Hines Ann Arbor Multifamily LLC offering. Hines Global Acquires 355-Unit Apartment Complex in Northern VirginiaRE Business Online trade-press coverage of HGIT's acquisition of The Emerson, a 355-unit Class A multifamily complex in Centreville, VA (Northern Virginia), offering studio through three-bedroom floor plans averaging 925 square feet. Hines Global Income Trust Acquires The EmersonAnnounces Hines Global Income Trust's acquisition of The Emerson, a 355-unit newly constructed Class A multifamily property in Centreville, Virginia. Hines Global Picks Up New High-End Apartment Building in Centreville, VirginiaCoStar trade-press coverage of Hines Global's acquisition of The Emerson, a 355-unit apartment building in Centreville, Virginia, developed by JLB Partners and Crow Holdings, 67% leased at acquisition. Hines buys new-build apartments in CentrevilleWashington Business Journal local-news coverage of Houston-based Hines's acquisition of The Emerson, a 355-unit new-build apartment building in Centreville from JLB Partners of Dallas.