specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/ value-added approach: is a leading global alternative assets investment firm with over $50 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro and São Paulo, H.I.G. For more information, please refer to the H.I.G. Realty Credit Partners employs a hands-on, operationally focused approach that seeks to generate substantial current income and strong downside protection through creative and thoughtful deal structure, combined with detailed, intensive, bottoms-up underwriting. Debt investments include senior bridge loans, mezzanine loans and preferred equity collateralized by transitional properties and portfolios. Realty Credit Partners has completed debt investments with a gross asset value of over $3 billion, including multifamily, logistics, self-storage, office and hospitality. Capital, a leading global alternative assets investment firm with over $50 billion of equity capital under management. Realty Credit Partners is the real estate debt platform of H.I.G. We will build on the team’s strong track record of success and will be working together to expand the portfolio and the overall platform.” Mestel and Schwartz stated, “We look forward to leading the expansion of H.I.G.’s real estate credit strategy, as we lend to and invest in strong middle-market transactions with leading sponsors throughout the U.S. Realty Credit Partners,” said David Hirschberg and Ira Weidhorn, Co-Heads of H.I.G. with the promotion of Michael and Steve to lead H.I.G. “We are excited to continue the significant expansion of the real estate investing platform at H.I.G. “Michael and Steve put us in a great position to grow this vertical, and to make H.I.G.’s real estate credit business a top tier platform within the middle-market real estate lending space.” Realty Credit Partners is a strong fit with the existing real estate and credit businesses at the firm,” said Brian Schwartz, Co-President of H.I.G. Capital Founders and Co-CEOs Sami Mnaymneh and Tony Tamer. We look forward to Michael and Steve expanding upon the solid platform that the firm has built over the years,” said H.I.G. Capital has a long history of investing in real estate in the middle market space, in both equity and debt strategies, and we have been very pleased with the growth of this business, as well as its investment performance. Steve serves on a National Council of the Urban Land Institute, the Investor Council for the Mortgage Bankers Association and on the New York University Stern Real Estate Advisory Board. Steve spent almost 20 years at JP Morgan, where he headed the CMBS and Commercial Real Estate Lending groups. Prior to joining H.I.G., Steve was a partner at Torchlight Investors, a leading commercial real estate debt investor, where he served on its Board of Directors and its Investment and Operating Committees. since 2017, and in his most recent role was responsible for Real Estate Special Situations investing at H.I.G.’s Bayside Capital. Steve has over 30 years of real estate lending and investing experience.
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