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The Hankey Capital Team

Company: 

Hankey Capital

$483 million

More than $350 million in land loans on balance sheet

Provides financing to housing developers throughout California's metro markets

Led by president Priyesh Bhakta, Hankey Capital has more than $350 million in land loans on its balance sheet, with a total deal volume in 2021 of $483 million across 58 new senior bridge loans throughout California, including $177 million in land loans.

Notable transactions within the last year included a non-recourse land loan to JPI for an entitled 296-unit multifamily development site. The $23-million commitment funding covered 78% of the purchase price, holding back $4 million for predevelopment costs.

The team also closed on a $15.5-million limited-recourse land loan to a joint venture of Bascom and Village Partners for a mixed-use development in Redlands, CA; and a $48.5-million non-recourse land loan to LaTerra for an entitled mixed-use development site in Burbank.

These are some of the reasons we selected the Hankey Capital Team for inclusion in the Connect CRE Top Mortgage Brokers and Lenders Awards. These awards recognize industry professionals who have demonstrated the highest standards in commercial real estate finance.

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Inside The Story

Hankey Capital

About Amy Wolff Sorter

I love content. I love writing it, visualizing it, and manipulating it to fit into different formats. I have years of experience in working with content, both as creator and editor. The content I create and edit provides assistance with many goals, ranging from lead generation, to developing street cred through well-timed thought-leadership pieces. Content skills include, but aren't limited to, articles and blogs, e-mails, promotional collateral, infographics, e-books and white papers, website copy and more.

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