Jerry Swartz, HKS Capital Partners
December 23, 2013 - Spotlight Content
What was your most notable project, deal or transaction in 2013?
2013 was an exceptional year for HKS Capital Partners but what stands out as the greatest accomplishment is sourcing debt for three loans for one borrower for a total of $94 million. The loans entailed three acquisitions, two residential value added buildings on the Upper West Side and one to be built boutique hotel in Midtown East.
We are currently in the final stages of completing a fourth much larger transaction for the same borrower which should be in application as this is printed. What makes this entire process so special is that the driving force behind those deals is someone who started his real estate career with me as my assistant at my former firm. I would like to believe that whatever training I gave him helped to create what he has become in our industry.