Laura Hines-Pierce to Succeed Jeff Hines as CEO and Chair of Hines Global Income Trust
Adam Hines joins the non-traded REIT’s board as the sponsor’s broader leadership handoff spreads control of the advisor across three family members.
October 5, 2026
Laura Hines-Pierce will become chair and chief executive officer of Hines Global Income Trust, Inc. on January 1, 2027. She succeeds her father, Jeff Hines, who is stepping down from the non-traded REIT's board and executive roles as part of a planned leadership transition at sponsor Hines.
On September 29, 2026, Jeff Hines told the HGIT board that he would resign as director, chair, and CEO effective at the start of 2027. The same day, the board named Hines-Pierce to both posts. She already sits on the board and was among the seven directors shareholders returned for another one-year term at the September 2025 annual meeting. The board also appointed her brother, Adam Hines, as a director, effective January 1.
A Broader Reshuffle at the Sponsor
The REIT appointments are part of a wider leadership change Hines announced on October 2. Starting January 1, 2027:
- Adam Hines will join Hines-Pierce as co-CEO of Hines, a role she has held for more than five years.
- Jeff Hines will become chairman. He will step back from day-to-day management and focus mainly on advising the co-CEOs.
- David Steinbach will become the firm's first president and lead execution of its strategy across the business.
- Alfonso Munk will succeed Steinbach as global chief investment officer.
Hines also plans to form an independent external advisory board with no governance authority, and said its investment committee's authority will stay the same. The firm manages about $91 billion in assets as of June 30, 2026, a figure that includes its RIA AUM.
Control of the Advisor Widens
HGIT is externally advised by HGIT Advisors LP, a Hines affiliate owned indirectly by, or for the benefit of, Jeff Hines. He currently shares control of the advisor with Hines-Pierce. Starting January 1, 2027, Jeff Hines, Hines-Pierce, and Adam Hines will share control.
Both incoming leaders are Hines employees. Neither will be paid by the REIT for board or executive service. The company will sign an indemnification agreement with Adam Hines on the same form it uses for its other directors and officers. Hines-Pierce signed one when she first joined the board.
The Incoming Chair and CEO
Hines-Pierce, 42, joined Hines in 2012. She served as project manager on River Point, a 52-story, 1.1 million-square-foot office tower in Chicago's West Loop, and later helped restructure and grow the firm's investment management business. As co-CEO, she has led efforts that include expanding the firm's institutional and private wealth vehicles. The company says that under her tenure as co-CEO, Hines has completed $49.4 billion in total deal volume and raised $19.9 billion across its global funds, as of June 30, 2026. Before Hines, she worked at Sotheby's in New York.
The New Director
Adam Hines, 38, is currently chief of staff in the office of the CEO and a senior managing director. He joined the firm in 2017 to focus on residential acquisitions. Since then he has served as managing director and as investment management growth officer, and has worked on building the firm's living business, expanding its presence in Europe, and advancing capital formation. The company says he was instrumental in creating Hines Private Wealth Solutions, a business it says has doubled in size, and in strengthening ties with family offices and high-net-worth investors. Before Hines, he worked at Dexus Property Group in Sydney.
The handoff gives HGIT a chair and CEO who already sits on its board and has co-led the sponsor for more than five years, while the advisor that manages the REIT stays under Hines family control. The REIT continues to publish a monthly NAV; it reported $9.80 per share across all six share classes as of March 31, 2026.
