H.I.G. Realty Partners acquires apartment complex in San Antonio, TX
H.I.G. Capital (“H.I.G.”), a leading global private equity and alternative asset investment firm with $21 billion of equity capital under management, is pleased to announce that its affiliate, H.I.G. Realty Partners (“H.I.G. Realty”), has acquired Windsor House Apartments, a 322-unit apartment complex located in San Antonio, TX. Ira Weidhorn, Managing Director of H.I.G. Realty, commented, “Windsor House presents an opportunity to create value through an extensive upgrade program in a market that has seen a considerable increase in demand in recent years.”
Built in 1997, Windsor House Apartments is located in Northern San Antonio, in close proximity to several major employment drivers including the South Texas Medical Center, a 900 acre medical complex that is home to 10 major hospitals and nearly 80 clinics.
Source: HIG Capital