H.I.G. Realty Acquires Hyatt Regency Hotel in Indianapolis and Multifamily Property in Atlanta

H.I.G. Realty Partners | May 6, 2015

NEW YORK--H.I.G. Realty Partners ("H.I.G. Realty"), a leading fund manager in the small-to-mid cap real estate sector, announced today that its affiliate has acquired the Hyatt Regency Hotel in Indianapolis, Indiana (the "Hyatt Indianapolis"). The Hyatt Indianapolis features 499 newly redesigned guest rooms and amenities, including 35,000 square feet of meeting space, four food and beverage outlets, the Regency Club, a state-of-the-art fitness center and an indoor swimming pool. H.I.G. Realty expects to add value through the implementation of a significant capital improvement plan, as well as the installation of a highly-incentivized ma...