Hankey Capital

What is Hankey Capital?

Hankey Capital is a private direct lender specializing in originating bridge loans for real estate projects, primarily serving the state of California. With over $4 billion funded to date, they provide bridge financing in the range of $5 million to $300+ million, catering to coastal and urban metro submarkets of California.

Their lending criteria are flexible, offering loans with up to 70% loan-to-value (LTV) or loan-to-cost (LTC), terms ranging from 6 to 36 months, and both non-recourse financing and subordinate financing options. Hankey Capital is known for fast, creative, and dependable lending solutions, often issuing term sheets within 24-48 hours and funding in as few as five days from the application.

This positions them as an attractive alternative for time-sensitive opportunities where traditional financing avenues are slow or unavailable. The firm's streamlined organization structure and discretionary capital allow for tailored financing solutions, and their thorough understanding of California's real estate market enables them to efficiently price risk.

Key property types considered for collateral include land (both entitled and unentitled), hotels, multifamily, office, retail, industrial, and non-owner occupied single-family residences. Hankey Capital is part of the Hankey Group of Companies, a conglomerate with diverse interests including automotive, finance, insurance, real estate, and technology industries, with over $25 billion in assets.

The Hankey Group is headed by Don Hankey, Chairman. Hankey Capital's management team boasts extensive industry experience, with a senior leadership team that handles underwriting, legal, funding, and servicing functions in-house.