September 24, 2025

In Today’s Edition

Today’s alert features 33 offerings totaling approximately $517 million, including offerings from Hines, Next Legacy Group, and HPI Real Estate Services. Sponsors are located in Austin, TX, Dover, DE, and Austin, TX.

Offering Amounts range from $200,000 to $152 million, with minimum investments up to $5 million. Today’s offerings include 4 funds and 29 single-asset offerings.

GPs in Focus

Hines is a global real estate investment firm founded in 1957 and headquartered in Houston, TX. With $90.1 billion in assets under management and operations spanning 30 countries, the firm brings over 68 years of experience to real estate investment, development, and management. Hines oversees more than 108 million square feet across 428 properties.

Offering Name: HREX 8, DST

Offering Amount: $151,698,113

Investment Minimum: $250,000

Type of Offering: 506(b)

Next Legacy Group is a real estate investment firm that focuses on sourcing, underwriting, and repositioning undervalued multifamily and commercial assets. Backed by direct ownership experience in over 5,500 doors across 8 states, Next Legacy brings practical depth to its investment execution.

Offering Name: NEXT LEGACY FUND ONE LLC

Offering Amount: $50,000,000

Investment Minimum: $50,000

Type of Offering: 506(c)

HPI Real Estate Services & Investments is a full-service commercial real estate firm based in Austin, Texas. HPI has built a reputation for delivering exceptional service across leasing, property, and asset management, development, and investment services. HPI currently manages an active portfolio exceeding 26 million square feet, serving more than 900 clients and customers.

Offering Name: HPIMF BONDS HOLDINGS DFW009 LP

Offering Amount: $41,344,902

Investment Minimum: $0

Type of Offering: 506(b)

CRE Capital Raises: September 24

GP/Sponsor

Location

Offering Name

Minimum Investment

$ Offering Amount

CORVALLIS, OR

Baker Tower Holdings, LLC

$75,000

$550,000

UNIONTOWN, PA

MCP Eastwood LLC

$100,000

$5,350,000

AVENTURA, FL

CPG at Morgantown Holdings LLC

0

$11,279,582

SAN FRANCISCO, CA

CAP XI Institutional Investors Fund, LLC

$5,000,000

Indefinite

HOUSTON, TX

HREX 8, DST

$250,000

$151,698,113

UNIONTOWN, PA

MCP Fox Chapel Holdings LLC

$50,000

$10,600,000

REDWOOD CITY, CA

Premia 490 California Investors, LLC

$18,750

$11,120,000

ATLANTA, GA

Westplan Durant Raleigh, LP

$125,000

$15,300,000

Menlo Park, CA

PSP 490 California Investors, LLC

$50,000

$8,735,000

AUSTIN, TX

304-Unit MF Investor LLC

$1,000,000

$53,996,620

AVENTURA, FL

CPG at Morgantown Equity LLC

0

$3,712,541

JOHNSON CITY, TN

Beaver Creek Drive Apartments, LLC

$100,000

$10,754,465

ATLANTA, TX

WESTPLAN DURANT RALEIGH HOLDINGS, LLC

$125,000

$21,300,000

BRYN MAWR, PA

RP TOH Investors, LLC

$10,000

$26,500,000

BIRMINGHAM, MI

Mill Street Storage, LLC

$50,000

$4,370,000

MILWAUKEE, WI

FRED-Cary, LLC

$10,000

$22,540,000

SEATTLE, WA

McKinnon Redevelopment, LLC

0

$2,620,000

MAITLAND, FL

Storage Units Capital Management II Corp

0

$3,500,000

DOUGLASTON, NY

RF Brooklyn Venture LLC

$250,000

$15,000,000

AUSTIN, TX

HPIMF BONDS HOLDINGS DFW009 LP

0

$41,344,902

POWAY, CA

Senecio 1600, LLC.

$50,000

$4,212,587

LONG ISLAND CITY, NY

CROWDFUNZ 855 LLC.

$10,000

$6,000,000

LONG ISLAND CITY, NY

CROWDFUNZ 856 LLC

$10,000

$200,000

GREENWOOD, IN

Pleasant Grove Partners, LLC

0

$12,397,372

CORAL GABLES, FL

BPM BOWLINE LLC

$250,000

$8,980,000

DOVER, DE

NEXT LEGACY FUND ONE LLC

$50,000

$50,000,000

ATLANTA, GA

Durant Raleigh FO Investors, LP

$125,000

$15,300,000

Final Word

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About Us: Mill Analytics is the first and only Monte Carlo Simulation software built solely for the commercial real estate industry. Mill Analytics enables investors to go far beyond the Base, Upside, and Downside cases, analyzing the results of thousands of scenarios for greater insight into the potential outcomes of an investment. Try for free at millanalytics.com.

- The Mill Analytics Team

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