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Who We Are

Established in 2011, HKS Real Estate Advisors has rapidly ascended to become an industry leader in commercial real estate advisory. With over $2 billion in annual transaction volume and a track record of closing more than $30 billion in transactions, our brand story is one of continuous innovation and excellence.

At its core, HKS is a capital markets advisory firm, providing strategic guidance across the full transaction lifecycle, from early-stage positioning and underwriting to sourcing, structuring, and execution. The firm’s platform includes debt advisory and a dedicated equity advisory capability that connects clients with institutional and private investors, sourcing and structuring equity capital for transactions where traditional debt alone is not sufficient. Leveraging deep relationships, market intelligence, and expertise in investor sourcing, structuring, and long-term alignment, HKS helps clients secure the right capital partnerships to unlock projects that demand more flexible and risk-tolerant solutions across asset classes.

The firms’ services extend to advising clients on single assets, portfolios, development sites, construction projects, ground leases, JV partnerships, and partial equity sales across multifamily, industrial, office, retail, and hospitality asset classes. The firm can also support select investment sale assignments as part of its broader advisory platform.

For over a decade, HKS has consistently earned a reputation for providing best-in-class financing solutions characterized by seamless execution, regardless of complexity. The firm’s industry recognition reflects that standard. HKS has been named one of GlobeSt's Best Places to Work, Boutique Debt Adviser of the Year by Real Estate Capital USA, and recognized among the GlobeSt 2025 Rainmakers in CRE Debt, Equity, and Finance.

Services

Capital Advisory Services

Our Capital Advisory group is a leading component of the commercial real estate debt and equity market. We arrange traditional and private debt financing for all scenarios, including acquisitions, construction and recapitalization. Additionally, we have a strong record in equity placement, including preferred and joint venture equity. We provide a variety of execution channels, including bank or life company financing, private credit and CMBS. Our customized strategies, enhanced by our industry-wide relationships, world class professionals and respected principals with proven track records, allow us to successfully tackle the most complex transactions, including value-add situations, note sales and discounted payoffs (DPOs).

Acquisition & Bridge Financing

Long Term Fixed and Floating Rate Recapitalization

Mezzanine and Private Equity

Construction Financing

Meet Our Team

Jerry Swartz's photo.

Jerry Swartz

Chairman Emeritus

Phone: (212) 254-1600 x107

Email: jswartz@hks.com

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John Harrington's photo.

John Harrington

Principal and Founding Partner

Phone: (212) 254-1600 x104

Email: jharrington@hks.com

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Ayush Kapahi's photo.

Ayush Kapahi

Principal & Founding Partner

Phone: (212) 254-1600 x105

Email: akapahi@hks.com

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Michael Lee's photo.

Michael Lee

Partner

Phone: (212) 254-1600 x101

Email: mlee@hks.com

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Eugene Weinraub's photo.

Eugene Weinraub

Managing Director

Phone: (212) 254-1600 x207

Email: eweinraub@hks.com

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Daniel Kowalsky's photo.

Daniel Kowalsky

Managing Director

Phone: (212) 254-1600 x 130

Email: dkowalsky@hks.com

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Andrew Pilchick's photo.

Andrew Pilchick

Managing Director

Phone: (212) 254-1600

Email: apilchick@hks.com

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Alex Dobosh's photo.

Alex Dobosh

Associate Director

Phone: (212) 254-1600 x149

Email: adobosh@hks.com

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Timothy J.  Neumann's photo.

Timothy J. Neumann

Associate Director

Phone: (212) 254-1600

Email: tneumann@hks.com

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Arthur Safdeye's photo.

Arthur Safdeye

Vice President

Phone: (212) 254-1600 x122

Email: asafdeye@hks.com

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Jay Stern-Szczepaniak's photo.

Jay Stern-Szczepaniak

Associate Director

Phone: (212) 254-1600 x106

Email: jstern@hks.com

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Jacob S. Kaufman's photo.

Jacob S. Kaufman

Associate

Phone: (212) 254-1600 x134

Email: jkaufman@HKS.com

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Max Rubinchik's photo.

Max Rubinchik

Analyst

Phone: (516) 641-9035

Email: mrubinchik@hks.com

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Justin Kornreich's photo.

Justin Kornreich

Analyst

Phone: (212) 254-1600

Email: jkornreich@hks.com

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