Associate - Real Estate

Hankey Capital seeks an Associate to Senior Associate to join the growing team. The position will be based in our Las Vegas office, with periodic paid visits to our Los Angeles headquarters. Hankey Capital, a privately held direct lender with nearly $2 billion in senior liens held on balance sheet, focuses on providing senior bridge loans on commercial real estate in the metro and coastal submarkets of California, South Florida, Las Vegas, Aspen, Seattle-Bellevue, and New York City.

The bridge lending platform lends on all major property types in various stages of “value-add” providing candidates a unique opportunity to directly witness best practices from developers across a wide spectrum of real estate projects in multiple markets in primary coastal markets nationally. As opposed to conventional lenders servicing stabilized cash flowing properties, Hankey Capital focuses on lending during transitional stages of a property’s evolution including lending on land entitlements, value-add office and R&D facilities, value-add hotels, retail centers, apartments and senior/assisted living. Hankey Capital prides itself as a private bank for best-in-class family office developers throughout the target regions.  

With over $2 billion in originations in the last 24 months and on track to continue growing the volume, Hankey Capital provides the candidate with a phenomenal opportunity to learn, grow, and excel in the world of real estate finance and development. 

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  Collaborate with a close-knit, high-performing team in a fast-paced, in-person environment, supporting loan originations, underwriting, loan management, and asset management activities.
• →For the originations, the new Associate will evaluate inbound bridge loan opportunities including reviewing business plans, underwriting property level valuations, researching sales and rent comparables, understanding demand drivers, and coordinating diligence. 
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  Generate financial pro forma projections, cash flow models, and discounted cash flow analyses using MS Excel for a variety of commercial real estate property types (experience with ground up development of multifamily / single family housing and value-add hotels preferred)
• →Work with underwriting team to better incorporate underwriting work flows into the ‘Hub’ to improve loan management processes
• →For asset management, the new Associate will spearhead and develop business plans for any foreclosed real estate properties including development sites or existing value-add assets
• →Research, analyze, and develop strategies for originations outreach including identifying future lending opportunities such as tranches of maturing debt in the horizon as well as identifying potential new borrowers
• →Monitor and track commercial real estate capital market activities in order to better inform the originations team on the pulse of the marketplace
• →Assist in promoting the platform to the marketplace including digital, social and print media initiatives
• →Undertake ad hoc initiatives and projects on behalf the President of the firm
• →Candidates will be expected to work 5 days a week in an office environment putting in 45+ hours per week
• →The position will be based in our Las Vegas office, with periodic paid visits to our Los Angeles headquarters.

• Proactive and positive can-do attitude with a natural drive towards curiosity and learning
• Ideal candidates will have a deep understanding of California’s metro and coastal submarkets
• A bachelor’s degree in Economics, Real Estate, Business Management, or a related field is preferred.
• 2-5 years experience in similar analyst / senior analyst roles ideally in real estate investment, CRE banking, debt funds, or mortgage brokering environment
• Proficiency in Microsoft products including Excel, PowerPoint, Word, and Teams
• Experience with underwriting or direct investing in multifamily development, single family development, hotels, industrial, office, and/or retail product types
• Experience with entitlement, ground-up development, value-add investment across various property types 
• Strong written and verbal communication skills
• The ability to work in a fast-paced work environment to meet tight timelines and handle a multitudes of responsibilities
• Working knowledge of the various AI tools currently available to supplement work flows and support critical thinking