HS Capital Fund Inc.

HS Capital Fund, Inc. (“HSC”) is a Miami Florida based privately held commercial real estate investment fund which owns and operates income producing properties in the United States primarily in the states of New York, New Jersey, and Florida.

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HSC actively seeks income producing real estate in the multifamily, office, industrial, and retail sectors.

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HSC currently manages an income producing real estate portfolio of approximately 1 million square feet. All our assets are 100% owner managed with ownership on-site at each property on a weekly basis.

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HSC currently leases a portfolio of approximately 1 million square feet. We do retain third party leasing agents for some of our assets. Each leasing proposal and lease document is reviewed by ownership prior to distribution to third parties.

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HSC: Who We Are

Founded by Harry Spitzer in 2014, HSC traces its origins back more than forty years to Joseph Spitzer’s formation of its affiliated company Allstate Realty Associates, Inc. (“Allstate”) a Brooklyn, NY based owner and operator of income producing real estate which currently owns 2,500 multifamily units in the New York tri-state area and 500,000 square feet of commercial space. Allstate owns or has controlling interests in assets with total valuations exceeding $US 250,000,000.
Multifamily Units
SqFt of commercial space
Interests in Assets

Why We Are Different



We find opportunity in all our investment strategies. We seek to acquire quality assets that are well located and at a discount to value price. Through “active” asset management we revamp and improve the property or business and sell for profit once all objectives are met.



We are an innovative company with a successful formula. We pursue a clear strategy with executions that bring results. We improve our process and business practices every day, making them more transparent wherever and whenever and always staying focused on the future.



We stay true to who we are, what we do and who we serve. Our principles have been the same since day one and it is at the core of our business. We operate with integrity, which is a character trait that provides us with the ability to act in a manner to do what is right.



With more than forty years of experience in commercial real estate operations, we recognize that the only formula for creating value in real estate is a hands-on approach to property management and the supervision of all vendor activities.