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H.I.G. Realty Credit Managing Partners Promoted to Co-Heads
Managing directors Michael Mestel and Steven Schwartz have been promoted to co-heads of H.I.G. Capital’s H.I.G. Realty Credit Partners, based in New York. H.I.G. Realty Credit Partners has originated more than $3 billion of loans in 33 investments since its inception.
“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,” said 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.”
Both Mestel and Schwartz have been with H.I.G. since 2017. Mestel was previously head of west coast originations at USAA/Square Mile Capital Management, while Schwartz was a partner at Torchlight Investors.
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