tions more tightly. We are very flexible and always look for solutions in any situation. As Charles Darwin said, “It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is most adaptable to change”. How has your company evolved since its inception? (ie: new products, new divisions, grown, merged, etc?) I Joined LBC Capital in December 2015. The company was already very established. Currently, our fund manager is working on opening a new higher-yield fund and we are all very excited about our new fund. What is something most people don’t know about your company? Most people don’t know that We have been in business since 2003 and still have same 3 friends/partners as we did in 2003. Our company underwrites primarily on “feel good” underwriting guidelines, so sometimes for best borrowers, best locations and best properties we can go very aggressive. We approach each and every loan scenario individually and Ani Kamikyan Loan Underwriter for LBC Capital
come up with possible ways or creative structures of closing the loans. In addition, we are currently work-
How has your outlook of the private
The “new normal” is a déjà vu
lending industry changed in light
for me.
of the new normal? My outlook in the light of “the new
What are you doing differently to-
normal” hasn’t changed much. I have
day to move your company forward
been in private lending industry for 5
than you were 6 months ago?
years already and “the new normal”
We have tightened up our geograph-
is how it used to be when I joined
ical area and only lend in Primary
LBC Capital. The LTV’s were capped
and Secondary markets now. We are
at 65%, points and rates were high.
also looking at borrower qualifica-
ing on creating a new higher yielding fund (12%+ return. Our current fund targets 8% ROI) What has been the highlight so far in your career? To be featured in Geraci’s Originate Report and to be nominated to Rising Star at AAPL. Ani Kamikyan : Continues on pg. 20
October 2020 Originate Report 19
