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Hankey Capital Overview
Hankey Capital is a private direct lender originating short-term bridge and construction financing in the $2M to $50M range secured by real estate located in California. We specialize in time-sensitive and value-added deals underserved by banks and other traditional capital sources. Currently, Hankey Capital has over $300M in capital deployed, with over $750M funded in the past six years.
• Close in as Few as Five Days
• Transitional Properties OK
• Higher LTV/LTC Considered
• Creative Structures Possible
• Competitive Pricing
• We Can Finance Land
• No Yield Maintenance
• Foreign Nationals OK
• Minimal Paperwork
• No Minimum DSCR
BRIDGE FINANCING
Property Type: Commercial, Apt, SFR (NOO), Land, Hospitality
Amount: $2M to $50M
Rate: 8.5%-12%
Points: 1%-3%; No Exit Fee
Location: SoCal; Bay Area
LTV: Up to 80%
Term: 9 to 36 Months
Amortization: Typically I/O
Prepayment: Allowed; 1% Fee May Apply
Recourse: Personal Guarantee(s) Required
Position: First Trust Deed
CONSTRUCTION FINANCING
Property Type: Commercial, Apt, Condo, SFR (non-owner-occupied), Hospitality
Amount: $2M to $25M+
Rate: 9.5%-12.5%
Points: 2%-3% (Including Draw Fees)
Location: SoCal
LTV: Up to 75%; 87.5% w/our mezz
Term: 12 to 36 Months
Amortization: I/O, Reserved Upfront
Prepayment: Allowed; 1% Fee May Apply
Recourse: Personal Guarantee(s) Required
Position: First Trust Deed
Please email Tania Kappe at [email protected] or call (323) 900-3000 to discuss your specific financing situation.
The Hankey Group is comprised of seven primary operating companies with roots in the automotive and automotive finance industries, totaling $5 billion in assets and over 2,000 employees as of 2015.
Hankey Capital LLC is licensed through the California Department of Business Oversight - #6038812
Industry | Real Estate |
Headquarters | Los Angeles, CA |
Company size | 2-10 employees |
Website | http://www.hankeycapital.com |