Latest news with #DonHankey
South China Morning Post
20-05-2025
- Automotive
- South China Morning Post
Meet car loan billionaire Don Hankey's glam daughter-in-law Skye: she spent Easter at The White House with Donald Trump and just wore Giambattista Valli to the Cannes Film Festival
Car-loan billionaire Don Hankey, also known as 'the king of the subprime car loan,' is selling his extravagant Florida residence for US$44 million, per the New York Post. Skye Hankey is married to billionaire Don Hankey's son Rufus. Photo: @skyehankey/Instagram Luckily for Hankey, who made headlines for providing a US$175 million appeal bond for President Donald Trump's New York civil fraud case in 2024, he can take real estate advice from his daughter-in-law Skye Hankey, who has experience selling luxurious properties Advertisement In 2022, Skye's husband, Don Rufus Hankey, enlisted her help to sell a US$28.5 million Beverly Hills estate that once belonged to actor Mark Wahlberg Skye Hankey in Giambattista Valli haute couture at the Cannes Film Festival last weekend. Real estate aside, Skye is also a fashion-savvy socialite who dresses almost exclusively in designer clothes and spent her Easter at the White House. Most recently, she was spotted wearing a Giambattista Valli haute couture gown on the red carpet at the Cannes Film Festival. Here's everything you need to know about Don Hankey's daughter-in-law. She's a fashionista Skye Hankey regularly travels to prime holiday hotspots. Photo: @skyehankey/Instagram A frequent jet-setter, Skye's Instagram is full of snaps of her holidaying in Ibiza, Monaco, Dubai, and more.
Daily Mail
08-05-2025
- Business
- Daily Mail
Billionaire with bizarre link to Donald Trump lists his stunning Florida mansion for $44 MILLION
Billionaire Don Hankey has listed his luxury Florida mansion for nearly $44 million — the highest asking price in the ultra-wealthy town of Highland Beach. The oceanfront estate, built in 2017, spans 11,000 square feet and sits on 120 feet of beachfront. Hankey purchased the modern property in 2021 for $29.5 million, according to PropertyShark. It includes a double-decker patio with an infinity pool looking out to the ocean that Hankey installed at a cost of $250,000. Nicknamed ' the king of the subprime car loan,' Hankey made his fortune through the Hankey Group, which profits largely from auto loans. He made headlines last year after putting up a $175 million appeal bond for Donald Trump in his New York civil fraud case. Hankey has faced his own legal battles after the Department of Justice came after his company twice for allegedly violating a law that protects military personnel from foreclosure and repossession. The company settled both cases in 2017 and 2022 respectively. Its modernist interior features include lava stone floors and walls, a living green wall and a floating stone fireplace. 'From the moment you walk in, you're enveloped by stunning ocean views with every detail thoughtfully curated to enhance the connection to the outdoors while maintaining complete privacy,' the property's listing agent Samantha Curry with real estate firm Douglas Elliman told Mansion Global. The home comprises seven bedrooms, seven full and two half bathrooms as well as a private gym, a wet bar, a terrace with a hot tub and a glass-enclosed office. Additional luxury features include a separate kitchen designed purely for catering, a home theater, a garage that fits six cars and an elevator for easy access to all four floors of the property. 'Homes of this caliber and scale rarely become available in the Highland Beach market,' Curry said. The small coastal town of Highland Beach, just miles east of Boca Rotan had a median sale price of $1.2 million in February, according to Redfin data. There are currently a handful of other eight-figure Highland Beach properties on the market, including a $39.9 million mansion still under construction. The highest end of the Florida property market could not be more different from the rest of the state. The property's listing agent Samantha Curry described the property as 'rare' for the area Condo owners are facing rising HOA fees and insurance premiums forcing a wave of distressed sales. However, rising natural disasters and increased costs are putting off sellers. This perfect storm is forcing prices down, with some homeowners having to slash as much as 40 percent off their asking prices. According to a recent study three metro areas in Florida are set to face a price crash in 2025. Tampa, Winter Haven and Palm Beach were all listed as at risk of falling prices.
Los Angeles Times
20-02-2025
- Business
- Los Angeles Times
Hankey Group Launches Bitcoin Crypto Lending Program
Los Angeles-based Hankey Group has announced via press release the launch of a pioneering Bitcoin Crypto Lending Program aimed at providing real estate and highline vehicle buyers with new financial opportunities using Bitcoin. The program is available via Hankey Group's Hankey Capital, Westlake Financial and Midway subsidiaries. The Crypto Finance Program enables crypto holders to use their Bitcoin as collateral to access full financing for real estate or exotic vehicles, eliminating the need for large cash down payments. 'On a standard real estate transaction, we typically require the buyer to provide 20% of the purchase price in cash, and we would finance the remaining 80%. Through our new Crypto Finance program, we would provide the full financing,' said Don Hankey, chairman of Hankey Group. An additional benefit of the lending program is that borrowers are not forced to sell Bitcoin and potentially trigger capital gains taxes. Instead, their cryptocurrency serves as collateral to secure up to 100% financing. Key benefits include retaining ownership of Bitcoin to share in its potential future appreciation, diversifying investments and maintaining liquidity while securing financing for large purchases. 'As digital assets become a more permanent fixture in our financial system, we're excited to offer innovative capital solutions to our borrowers,' said Kelechi Ogbunamiri, CIO of Hankey Group. The Bitcoin Crypto Lending Program is now available for those interested in using their crypto holdings for real estate and auto loans. Information for this article was sourced from BusinessWire.
