Intelligent Real Estate Investments - Hines

Hines Securities Tops $5 Billion in Capital Raised

Firm Sees Continued Expansion of Specialized Investment Offerings

(HOUSTON) – Hines Securities, Inc. announced today that it surpassed $5 billion in total capital raised since its inception.

The total represents capital raised across several investment products – Hines Real Estate Investment Trust, which is closed to new investment; Hines Global REIT, which closed to new investors on April 11, 2014; HMS Income Fund; and several real estate private placements.

“We’re excited as a company to reach this milestone, for which we owe thanks to our broker-dealer partners and their thousands of independent financial advisors who have recommended our products to their clients,” said Mark Earley, president of Hines Securities, a Houston-based affiliate of Hines, the privately owned global real estate investment firm.

Hines Securities raised a firm record of more than $909 million across all products it offered in 2013.

Hines Securities began operating as a dealer manager in 2003 to distribute Hines REIT, a non-traded real estate investment trust, which raised approximately $2.7 billion for a portfolio of primarily Class A U.S. office assets.

It followed the completion of that offering with Hines Global REIT, which raised $2.7 billion for a diverse portfolio of high-quality assets in the U.S. and six foreign countries, and several smaller private placement offerings.

In 2012 the firm introduced its first non-real estate investment product, HMS Income Fund, a non-traded business development company, and it anticipates launching one or more additional real estate investment products in the coming months.

Frank Apollo, chief operating officer for Hines Securities, noted that the competitive landscape has changed dramatically over the last 10 years with different sponsors topping the list in capital raise for a year or two, and then fading.

“Our goal is to consistently remain where we’ve been -- in the top handful of firms recognized by our broker-dealer partners for product quality, service, and capital raise.

In fact, we’ve been collaborating with many of them over the past year about new product structures that address both their investors’ needs for income and growth and changes that are anticipated in the regulatory environment,” said Apollo.

“While these products have historically been referred to as alternatives, we see them as specialized investments that are more mainstream now, not just alternatives for investors seeking diversification and yield.”

“It has been very rewarding to build such a successful platform, to work with the top independent broker-dealer firms, and to provide individual investors with investment opportunities in institutional quality real estate, as well as other asset classes,” said Jeff Hines, president and CEO of Hines.

“Our long-term commitment to the retail distribution channel could not be stronger.”

About Hines Securities

Hines Securities is the broker-dealer affiliate of Hines, a fully integrated real estate investment and management firm that has been investing in real estate and providing acquisition, development, financing, property management, leasing and disposition services for more than 55 years.

Hines Securities is a licensed broker-dealer in all 50 U.S. states and Puerto Rico.

This is neither an offer to sell nor a solicitation of an offer to buy the securities described herein. An offering is made only by the prospectus. For more information, please read the prospectus, which you can obtain from your financial advisor or by visiting www.hinessecurities.com. You should read the prospectus carefully in order to fully understand the objectives, risks, sales charges, fees and expenses of HMS Income Fund before investing or sending money. A prospectus relating to the securities of HMS Income Fund, Inc. and containing this and other information about HMS Income Fund, Inc. has been filed with the Department of Law of the State of New York and the Securities and Exchange Commission and should be read carefully before investing. Neither the Securities and Exchange Commission, the Attorney- General of the State of New York nor any other state securities commission has approved or disapproved of these securities or determined if the prospectus is truthful or complete. Any representation to the contrary is a criminal offense.