H.I.G. Realty sells apartment portfolio for $131.5 mln

H.I.G. Realty Partners said Wednesday it sold an eleven building, 296 unit rental apartment portfolio for $131.5 million. The portfolio is located in New York City. H.I.G. Realty, the real estate platform of H.I.G. Capital, acquired the portfolio in November 2012 for $73 million.

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