H.I.G. REALTY PARTNERS

H.I.G. Realty Partners Originates $68.7 Million Loan Secured by a 270-Unit Multifamily Property in Atlanta, GA

Retrieved on: 
Monday, April 4, 2022

Realty Partners, has originated a loan to finance Virginia Highlands Apartment Homes, a 270-unit apartment complex located in the Virginia Highlands neighborhood of Atlanta, Georgia.

Key Points: 
  • Realty Partners, has originated a loan to finance Virginia Highlands Apartment Homes, a 270-unit apartment complex located in the Virginia Highlands neighborhood of Atlanta, Georgia.
  • MSC Investments will complete a renovation program to upgrade the units to market-leading quality and will construct a new amenity center at the property.
  • We are excited to be a part of this well-located property in the Virginia Highlands neighborhood, said Michael Mestel, Managing Director at H.I.G.
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H.I.G. Realty Partners Originates $110 Million Loan Secured by a 12,000-Unit Self-Storage Portfolio

Retrieved on: 
Monday, March 28, 2022

Realty Partners, has originated a loan to refinance the Storage of America portfolio, a 12,000-unit self-storage portfolio located in five states across the Midwest.

Key Points: 
  • Realty Partners, has originated a loan to refinance the Storage of America portfolio, a 12,000-unit self-storage portfolio located in five states across the Midwest.
  • He added, We are looking forward to seeing the sponsor continue to expand and create value within the portfolio.
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H.I.G. Realty Partners Originates Loan Secured by a 452-Unit Multifamily Property in Fort Worth, TX

Retrieved on: 
Tuesday, March 22, 2022

Realty Partners, has originated a loan to finance Centreport Lake Apartments, a 452-unit apartment complex located in Fort Worth, Texas.

Key Points: 
  • Realty Partners, has originated a loan to finance Centreport Lake Apartments, a 452-unit apartment complex located in Fort Worth, Texas.
  • The property is well located, convenient to downtown Fort Worth and uptown Dallas, and offers tenants proximity to all of the areas employment centers.
  • We are excited to be a part of this well-located property, said Michael Mestel, Managing Director at H.I.G.
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H.I.G. Realty Partners Originates $240 Million Loan Secured by a 43-Story Downtown Brooklyn Mixed-Use Tower

Retrieved on: 
Monday, February 28, 2022

Realty Partners, has originated a loan to finance The Paxton (the Property), a 43-story mixed-use development located in Downtown Brooklyn, New York.

Key Points: 
  • Realty Partners, has originated a loan to finance The Paxton (the Property), a 43-story mixed-use development located in Downtown Brooklyn, New York.
  • We are excited to be a part of such a well-built, well-located property in the growing Downtown Brooklyn market, said Michael Mestel, Managing Director at H.I.G.
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H.I.G. Realty Partners Originates $80.5 Million Loan Secured by a 1MM SF Industrial Complex

Retrieved on: 
Tuesday, January 18, 2022

Realty Partners, has originated a loan to finance 224 Logistics Park (the Property), a 1MM SF industrial warehouse complex located in Milwaukie, OR, which is 9 miles southeast of downtown Portland.

Key Points: 
  • Realty Partners, has originated a loan to finance 224 Logistics Park (the Property), a 1MM SF industrial warehouse complex located in Milwaukie, OR, which is 9 miles southeast of downtown Portland.
  • The loan was made to a joint venture between Specht Development, Inc. and a global institutional investment firm (the Sponsor).
  • We are excited to finance one of the premier properties in the supply-constrained Portland industrial market, said Michael Mestel, Managing Director at H.I.G.
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H.I.G. Realty Partners Acquires Saugus Station Industrial Portfolio

Retrieved on: 
Thursday, January 6, 2022

Realty Partners, has completed an off-market acquisition of the Saugus Station Industrial Portfolio (Saugus Station), located in Santa Clarita, CA.

Key Points: 
  • Realty Partners, has completed an off-market acquisition of the Saugus Station Industrial Portfolio (Saugus Station), located in Santa Clarita, CA.
  • Saugus Station consists of 24 buildings totaling approximately one million square feet across a 70 acre campus, as well as an adjacent 24 acre, fully horizontally improved industrial development parcel.
  • Saugus Station is 100% leased to tenants operating primarily in the film, television, entertainment and content production industry, and is within the broader San Fernando Valley industrial market.
  • Saugus Station will provide H.I.G.

H.I.G. Realty Partners Originates $85 Million Loan Secured by a 286-Unit Apartment Complex

Retrieved on: 
Tuesday, November 16, 2021

Realty Partners, has originated a loan to finance Pier 33 (the Property), a 286-unit, newly-developed, Class A, apartment complex located along the Cape Fear River in Wilmington, North Carolina.

Key Points: 
  • Realty Partners, has originated a loan to finance Pier 33 (the Property), a 286-unit, newly-developed, Class A, apartment complex located along the Cape Fear River in Wilmington, North Carolina.
  • The loan was made to Dewitt Carolinas, an established southeastern developer and operator (the Sponsor).
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  • Realty Partners is the real estate platform of H.I.G.

H.I.G. Realty Partners Originates Loan Secured by Two New Dallas/Fort Worth MSA Apartment Complexes

Retrieved on: 
Tuesday, August 24, 2021

"), a leading global alternative investment firm with $45 billion of equity capital under management, is pleased to announce that its affiliate, H.I.G.

Key Points: 
  • "), a leading global alternative investment firm with $45 billion of equity capital under management, is pleased to announce that its affiliate, H.I.G.
  • The Properties are being delivered in phases, with the first units already delivered and accepting tenant move-ins.
  • The loan was made to CPG Development, an established local developer and operator (the Sponsor).
  • We are excited to finance two best-in-class properties located in some of the fastest-growing submarkets in the Dallas/Fort Worth MSA, said Michael Mestel, Managing Director at H.I.G.

H.I.G. Realty Partners Sells Las Vegas Office Investments

Retrieved on: 
Wednesday, August 18, 2021

Realty Partners, has sold two Las Vegas office investments, 8912-8918 Spanish Ridge Avenue and 6605 Grand Montecito Parkway, after successfully completing its business plan at each property.

Key Points: 
  • Realty Partners, has sold two Las Vegas office investments, 8912-8918 Spanish Ridge Avenue and 6605 Grand Montecito Parkway, after successfully completing its business plan at each property.
  • Realty executed a value-add strategy, leasing the property to 100% occupancy (from 56% at acquisition) to a diversified roster of high-quality tenants.
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  • Realty Partners manages $8.2 billion of assets and 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.

H.I.G. Realty Partners Originates Loan Secured by Class A Medical-Office Building

Retrieved on: 
Monday, July 12, 2021

Realty Partners, has originated a loan to finance the lease-up of 114 Pacifica (the Property), a 110,000 square foot Class A medical-office building located in Irvine, California.

Key Points: 
  • Realty Partners, has originated a loan to finance the lease-up of 114 Pacifica (the Property), a 110,000 square foot Class A medical-office building located in Irvine, California.
  • The loan was made to Harrison Street (the Sponsor), a leading investment management firm exclusively focused on alternative real assets.
  • Harrison Street acquired the Property in September 2020, which was previously a multi-tenant traditional office building, with the intention of renovating and re-leasing to medical users.
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