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April 13, 2018  

HIG Tees Up Bridge-Loan Program

H.I.G. Capital is the latest player to enter the increasingly crowded bridge-loan arena.The Miami private equity shop has recruited veteran lender Jeff Wiseman to run a real estate finance operation.The business line, part of the firm’s H.I.G. Realty Partners unit, will focus on originating bridge loans and mezzanine debt. Construction loans and preferred equity are also on the menu.H.I.G. is aiming to make $300 million to $400 million of...

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