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      <image:caption>Michael C. Jackson Senior Vice President of Asset Management</image:caption>
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      <image:caption>Lawrence F. Levy Co-Founder</image:caption>
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      <image:caption>Jeffrey R. Hanisch Chief Financial Officer</image:caption>
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      <image:caption>Chip Wille Senior Director of Asset Management</image:caption>
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      <image:caption>Jeffrey S. Cherner Co-Founder, Executive Vice President</image:caption>
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      <image:caption>Michael L. Miller Co-Founder, Executive Vice President</image:caption>
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    <lastmod>2020-01-07</lastmod>
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    <lastmod>2020-11-19</lastmod>
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      <image:title>Investments - 8800 Doral Boulevard</image:title>
      <image:caption>8800 Doral Boulevard Doral, FL Property Type: Multi-Family Partner: Hines</image:caption>
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      <image:title>Investments - PNC Center</image:title>
      <image:caption>PNC Center Cincinnati. OH Property Type: Office Partner: Hines</image:caption>
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      <image:caption>Eleven West Portland, OR Property Type: Mixed-Use Partner: Downtown Development Group Qualified Opportunity Zone</image:caption>
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      <image:caption>The Victor Dallas, TX Property Type: Multi-Family Partner: Hines</image:caption>
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      <image:title>Investments - River Point</image:title>
      <image:caption>River Point Chicago, IL Property Type: Office Partners: Hines, Ivanhoe Cambridge</image:caption>
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      <image:title>Investments - 501 Congress Ave</image:title>
      <image:caption>501 Congress Ave Austin, TX Property Type: Mixed-Use Partner: Stream Realty</image:caption>
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      <image:caption>Salesforce Tower Chicago, IL Property Type: Office Partners: Hines, Kennedy, AFL-CIO</image:caption>
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      <image:caption>The Mercantile Omaha, NE Property Type: Mixed-Use Partner: Hines Qualified Opportunity Zone</image:caption>
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      <image:caption>Brava Houston, TX Property Type: Multi-Family Partner: Hines Qualified Opportunity Zone</image:caption>
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      <image:caption>The Finery Nashville, TN Property Type: Mixed-Use Partner: Hines Qualified Opportunity Zone</image:caption>
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      <image:title>Investments - Ripley II</image:title>
      <image:caption>Ripley II Silver Spring, MD Property Type: Multi-Family Partner: Washington Property Company Qualified Opportunity Zone</image:caption>
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      <image:caption>Cormac Charleston, SC Property Type: Multi-Family Partner: Lennar Qualified Opportunity Zone</image:caption>
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      <image:title>Investments - Park Tower At Transbay</image:title>
      <image:caption>Park Tower At Transbay San Francisco, CA Property Type: Office Partners: Golub, The John Buck Company</image:caption>
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      <image:title>Investments - Sienna</image:title>
      <image:caption>Sienna Chicago, IL Property Type: Multi-Family Partner: Golub</image:caption>
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      <image:title>Investments - Aviva Coral Gables</image:title>
      <image:caption>Aviva Coral Gables Coral Gables, FL Property Type: Residential Partner: Hines</image:caption>
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      <image:caption>321 N Clark Street Chicago, IL Property Type: Office Partners: American Realty Advisors, Hines</image:caption>
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      <image:caption>One South Dearborn Chicago, IL Property Type: Office Partner: Hines</image:caption>
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      <image:caption>Residences at RiNo Denver, CO Property Type: Multi-Family Partner: Hines Qualified Opportunity Zone</image:caption>
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    <lastmod>2019-08-22</lastmod>
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    <lastmod>2019-08-07</lastmod>
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      <image:caption>One South Dearborn Chicago, IL Property Type: Office Partner: Hines</image:caption>
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      <image:title>Investments OLD - 501 Congress Ave</image:title>
      <image:caption>501 Congress Ave Austin, TX Property Type: Mixed-Use Partner: Stream Realty</image:caption>
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      <image:title>Investments OLD - The Preston</image:title>
      <image:caption>The Preston Houston, TX Property Type: Multi-Family Partner: Hines Qualified Opportunity Zone</image:caption>
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      <image:title>Investments OLD - Eleven West</image:title>
      <image:caption>Eleven West Portland, OR Property Type: Mixed-Use Partner: Downtown Development Group Qualified Opportunity Zone</image:caption>
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      <image:title>Investments OLD - The Victor</image:title>
      <image:caption>The Victor Dallas, TX Property Type: Multi-Family Partner: Hines</image:caption>
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      <image:title>Investments OLD - River Crossing</image:title>
      <image:caption>River Crossing Omaha, NE Property Type: Mixed-Use Partner: Hines Qualified Opportunity Zone</image:caption>
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      <image:title>Investments OLD - Ripley II</image:title>
      <image:caption>Ripley II Silver Spring, MD Property Type: Multi-Family Partner: Washington Property Company Qualified Opportunity Zone</image:caption>
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      <image:title>Investments OLD - Aviva Coral Gables</image:title>
      <image:caption>Aviva Coral Gables Coral Gables, FL Property Type: Residential Partner: Hines</image:caption>
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      <image:title>Investments OLD - Sienna</image:title>
      <image:caption>Sienna Chicago, IL Property Type: Multi-Family Partner: Golub</image:caption>
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      <image:title>Investments OLD - PNC Center</image:title>
      <image:caption>PNC Center Cincinnati. OH Property Type: Office Partner: Hines</image:caption>
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      <image:title>Investments OLD - The Finery</image:title>
      <image:caption>The Finery Nashville, TN Property Type: Mixed-Use Partner: Hines Qualified Opportunity Zone</image:caption>
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      <image:title>Investments OLD - Park Tower At Transbay</image:title>
      <image:caption>Park Tower At Transbay San Francisco, CA Property Type: Office Partners: Golub, The John Buck Company</image:caption>
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      <image:caption>North Wynkoop Denver, CO Property Type: Multi-Family Partner: Hines Qualified Opportunity Zone</image:caption>
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      <image:title>Investments OLD - River Point</image:title>
      <image:caption>River Point Chicago, IL Property Type: Office Partners: Hines, Ivanhoe Cambridge</image:caption>
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      <image:title>Investments OLD - 8800 Doral Boulevard</image:title>
      <image:caption>8800 Doral Boulevard Doral, FL Property Type: Multi-Family Partner: Hines</image:caption>
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    <lastmod>2019-08-28</lastmod>
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