HGIT — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-14

• •On February 17, 2026, we sold Briargate for a contract sales price of $150.7 million exclusive of transaction costs and closing prorations. We acquired Briargate in September 2019 for a contract purchase price of $93.2 million. We recognized a gain on sale of this asset of $63.7 million, which was …

• •During the three months ended March 31, 2026, we acquired the third building at Tortona Logistics for an aggregate net purchase price of €50.8 million (approximately $61.1 million, assuming a rate of $1.17 per EUR as of the acquisition date) exclusive of transaction costs and working capital reserv…

• We intend to continue to meet our primary investment objectives by investing in a portfolio of quality commercial real estate properties and other real estate investments that relate to properties that are generally diversified by property type, geographic area, lease expirations and tenant industri…

• The following chart depicts the location of our real estate investments as of March 31, 2026. Approximately 69% of our portfolio is located throughout the United States and approximately 31% is located internationally, based on the Estimated Values.

• The following table provides additional information regarding each of our properties, including DST properties, and is presented as of March 31, 2026 except as described in the footnotes below.

Text removed vs the prior filing · source: 10-Q · 2025-11-14

• •On March 12, 2025, we entered into a new credit facility with JPMorgan Chase Bank, N.A. (“Chase”), as administrative agent for itself and various lenders named in the credit agreement, which provides for borrowings of up to $700.0 million in term loan commitments and $650.0 million in revolving loa…

• •In September 2025, we entered into a note purchase agreement pursuant to which the Operating Partnership agreed to issue and sell $100.0 million of Series C senior notes and €125.0 million of Series D/E senior notes (collectively, the “Notes”) to certain institutional investors for cash in a transa…

• •We acquired eight investment properties for an aggregate net purchase price of $985.0 million. See Note 3—Investment Property for additional information regarding this acquisition.

• We intend to continue to meet our primary investment objectives by investing in a portfolio of quality commercial real estate properties and other real estate investments that relate to properties that are generally diversified by property type, geographic area, lease expirations and tenant industri…

• The following chart depicts the location of our real estate investments as of September 30, 2025. Approximately 73% of our portfolio is located throughout the United States and approximately 27% is located internationally, based on the Estimated Values.

Text added vs the prior filing · source: 10-Q · 2026-05-14

• The Operating Partnership’s private placements of beneficial interests in specific Delaware statutory trusts under our DST Program could subject us to liabilities from litigation or otherwise.

• We, through the Operating Partnership, have commenced a program to raise capital in private placements exempt from registration under Section 506(b) of the Securities Act through the sale of beneficial interests in specific Delaware statutory trusts, or DSTs, holding investment properties, which may…

• These interests may serve as replacement properties for investors seeking to complete like-kind exchange transactions under Section 1031 of the Code. Properties in which underlying interests are sold to investors pursuant to such private placements will be leased-back by the Operating Partnership or…

• The Operating Partnership’s private placements of beneficial interests in specific Delaware statutory trusts under our DST Program will not shield us from risks related to the performance of the investment properties held through such structures.

• Pursuant to the DST Program, the Operating Partnership intends to place certain of its existing investment properties and/or acquire new properties to place into specific DSTs and then sell interests, via its TRS, in such trusts to third party investors. We will hold long-term leasehold interests in…