H.I.G. Realty Partners Recognized for Top Mid-Sized Real Estate PerformancePrivate Equity Wire Awards Firm “Best Performance” In Real Estate with Fund Sizes Over $500M
NEW YORK – January 24, 2024 – H.I.G. Capital (“H.I.G.” or the “Firm”), a global alternative investment firm with $60 billion of capital under management, is pleased to announce that its affiliate, H.I.G. Realty Partners, was awarded “Best Performance Over $500M: Real Estate” by Private Equity Wire, the premiere intel and insight provider for the private equity industry. This recognition highlights H.I.G. as a best-in-class investor in the real estate sector and follows recent honors the Firm and its professionals have received, including being named one of 2023’s “Top Private Equity Firms” by GrowthCap.
H.I.G. Realty Partners has made over $7 billion of equity investments in mid-sized real estate transactions since its inception across a wide variety of sectors and geographies. H.I.G.’s engaged, operationally-focused approach enables the Firm to redevelop and reposition assets that have been undercapitalized and/or insufficiently managed, allowing for strong returns and generating recognition within the industry.
David Hirschberg, Co-Head of H.I.G. Realty Partners, said of receiving Private Equity Wire’s award: “H.I.G. Realty is defined by our industry-leading, hands-on and operationally-oriented management of real estate investments. We take great pride in our ability to add significant value to the properties we acquire, leading to both premium returns for our investors and economic growth opportunities for the communities where we engage. We are honored to receive this prestigious award from Private Equity Wire and will continue to use our expertise and strategic leadership to create a competitive advantage.”
Ira Weidhorn, Co-Head of H.I.G. Realty Partners, added: “I’m proud of our team’s ability to successfully generate consistently strong returns in a complex space like real estate. H.I.G. Realty sets itself apart through our understanding of market dynamics and our clear value-add focus, leading to capital opportunities that have helped set our Firm apart from competitors.”
The award was presented during Private Equity Wire’s annual Awards Night on October 25, 2023, in New York City.
About H.I.G. Realty Partners
H.I.G. Realty Partners is the real estate platform of H.I.G. Capital, a leading global private equity and alternative assets investment firm with $60 billion of equity capital under management.* H.I.G. Realty Partners focuses on small-to-mid-cap real estate, targeting both equity and debt investments across all property types located throughout the U.S., Europe, and Latin America. Equity investments are concentrated on the acquisition of value-add assets, employing a hands-on, operationally focused approach that seeks to generate substantial cash flow and asset appreciation through rehabilitating, redeveloping, repositioning, and rebranding assets that have been capital starved and/or poorly managed. Debt investments include senior bridge loans, mezzanine loans, and preferred equity collateralized by transitional properties and portfolios. For more information, please refer to the H.I.G. website www.hig.com.
About H.I.G. Capital
H.I.G. Capital is a leading global alternative investment firm with $60 billion of capital under management.* Based in Miami, and with offices in Atlanta, Boston, Chicago, Dallas, Los Angeles, New York, and San Francisco in the United States, as well as international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, and Dubai, H.I.G. specializes in providing both debt and equity capital to mid-sized companies, utilizing a flexible and operationally focused/ value-added approach:
- H.I.G.’s equity funds invest in management buyouts, recapitalizations, and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.
- H.I.G.’s debt funds invest in senior, unitranche, and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. also manages a publicly traded BDC, WhiteHorse Finance.
- H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
- H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.
Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies worldwide. The Firm’s current portfolio includes more than 100 companies with combined sales in excess of $53 billion. For more information, please refer to the H.I.G. website at www.hig.com.