News: Brokerage

Kapahi of HKS is strongly influenced by Jerry Swartz

Name: Ayush Kapahi Title: Partner and Co-Founder Company: HKS Capital Partners LLC Year company was founded : 2011 Years with company: 3.5 Years in real estate field: 9 Address:127 West 24th Street 2nd Fl., New York, NY 10011 Telephone: 212-254- 1600 Ext. 105 Email: [email protected] What professional accomplishment, honor or achievement has meant the most to you and why? Over the last three and a half years, I and my partners, Jerry Swartz and John Harrington, have taken HKS Capital, from a start-up to one of NYC's fastest growing finance brokerage firms in the industry. Since we formed in 2011, we have secured over $9.5 billion in loans for new developments, acquisitions and refinancing deals in New York, other states and the U.S. Caribbean territories. Since last summer 2013, I have secured $1.75 billion in loans and in just the last three months over $450 million. This year one of my most notable transactions was the $120 million loan from Goldman Sachs for the 13-story Rosario Candela-designed Carnegie Hill rental building at 12 East 88th St. that is being turned into luxury condominiums. While I am proud of those deals, I also enjoy advising and counseling our growing cadre of brokers. Who or what has been the strongest influence on your career and why? I started as a trainee at Pergolis Swartz under Jerry Swartz. I graduated to originating broker and became Swartz's assistant and eventually his partner on transactions. Jerry has given me the opportunity to excel and embraced and backed my goals and desires in business. Where would you like to be 10 years from now? Over the next ten years I want to grow HKS Capital Partners into a top intermediary nationally and open up offices in other primary markets. I would also like to see our firm's young stars take the lead and be recognized for their hard work and success. How has the increase in social media changed the way you are doing business? Today's younger professionals bring an understanding of utilizing technology when underwriting and pursuing a transaction. From access to data, to creating models to help explain transactions, the younger professionals are making the business a lot more efficient.
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