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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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H.I.G. Realty Credit Partners

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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