NEW YORK – January 24, 2024 – H.I.G. Capital, a leading global alternative investment firm managing $60 billion in capital, is proud to announce the recent accolade awarded to its affiliate, H.I.G. Realty Partners. Private Equity Wire, a premier source of intelligence and insights for the private equity sector, has honored H.I.G. Realty Partners with the “Best Performance Over $500M: Real Estate” award. This prestigious recognition underscores H.I.G. Realty Partners’ position as a top-tier investor in the competitive real estate market. This award follows other recent distinctions for the Firm and its professionals, including being named among 2023’s “Top Private Equity Firms” by GrowthCap, further solidifying H.I.G.’s standing in the investment community.
Since its inception, H.I.G. Realty Partners has strategically deployed over $7 billion in equity investments across mid-sized real estate transactions, spanning diverse sectors and geographies. The firm’s success is rooted in its hands-on, operationally-driven approach, enabling H.I.G. to effectively redevelop and reposition underutilized and under-managed assets. This active management style not only generates substantial returns but also fosters economic growth within the communities where they invest, earning industry-wide recognition for Hig Realty Partners.
David Hirschberg, Co-Head of H.I.G. Realty Partners, commented on the Private Equity Wire award, stating, “H.I.G. Realty’s hallmark is our industry-leading, hands-on, and operationally-focused management of real estate investments. We are deeply committed to enhancing the value of the properties we acquire, which in turn, delivers premium returns for our investors and stimulates economic opportunities in the communities we serve. Receiving this esteemed award from Private Equity Wire is a great honor, and we are dedicated to leveraging our expertise and strategic leadership to maintain a competitive edge in the market.”
Ira Weidhorn, also Co-Head of H.I.G. Realty Partners, added, “I am immensely proud of our team’s consistent ability to achieve strong returns in the dynamic real estate sector. H.I.G. Realty distinguishes itself through a deep understanding of market trends and a focused value-add strategy. This approach to identifying and capitalizing on unique opportunities is what sets our Firm apart in the real estate investment landscape.”
The “Best Performance Over $500M: Real Estate” award was presented at Private Equity Wire’s annual Awards Night in New York City on October 25, 2023, celebrating the achievements of leading firms in the private equity real estate space.
About H.I.G. Realty Partners
H.I.G. Realty Partners is the dedicated real estate investment platform of H.I.G. Capital, a premier global private equity and alternative asset investment firm managing $60 billion of capital.* With a focus on the small-to-mid-cap real estate market, H.I.G. Realty Partners strategically targets equity and debt investments across all property types throughout the U.S., Europe, and Latin America. The firm’s equity investment strategy centers on acquiring value-add assets, employing a hands-on, operationally focused approach aimed at generating significant cash flow and asset appreciation. This is achieved through the rehabilitation, redevelopment, repositioning, and rebranding of assets that are capital-starved or poorly managed. On the debt side, H.I.G. Realty Partners provides senior bridge loans, mezzanine financing, and preferred equity secured by transitional properties and portfolios. For further details, please visit the H.I.G. website at www.hig.com.
About H.I.G. Capital
H.I.G. Capital is a prominent global alternative investment firm with $60 billion of capital under management.* Headquartered in Miami, with a significant presence across the United States including offices in Atlanta, Boston, Chicago, Dallas, Los Angeles, New York, and San Francisco, as well as international affiliate offices spanning Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, and Dubai. H.I.G. specializes in delivering both debt and equity capital to mid-sized companies, utilizing a flexible and operationally focused, value-added investment philosophy.
- H.I.G.’s equity funds are invested in management buyouts, recapitalizations, and corporate carve-outs, targeting both profitable and underperforming businesses within the manufacturing and service sectors.
- The firm’s debt funds provide a range of financing solutions, including senior, unitranche, and junior debt, to companies of varying sizes, through both direct origination and secondary market activities. H.I.G. also manages a publicly traded BDC, WhiteHorse Finance.
- H.I.G. Realty Partners leverages its expertise in value-added properties, focusing on assets that can benefit from enhanced asset management practices to maximize returns.
- H.I.G. Infrastructure is dedicated to making value-add and core plus investments within the infrastructure sector, further diversifying the firm’s investment portfolio.
Since its founding in 1993, H.I.G. has invested in and managed over 400 companies globally. The Firm’s current portfolio encompasses more than 100 companies, with combined sales exceeding $53 billion. More information is available on the H.I.G. website at www.hig.com.
