Hankin Management Company is a family run business founded in 1973 by Mark Hankin, its current President. Mark’s two children Alexander and Danielle Hankin have since joined the company. The Hankin Management Company is a successor to the Hankin Organization, co-founded by Perch Hankin (Mark Hankin’s father) in 1945. Over the years, the Hankin family have been involved in all aspects of real estate.
The Hankin family built, developed and managed the George Washington Motor Lodge chain which, prior to its merger with Days Inn, was one of the first lodging chains established in the nation. Two of the earliest motels were originally Howard Johnson’s lodges.
The Hankin family also owned and managed Willow Grove Park – in its time one of the largest amusement parks in the country – and the Willow Grove Park Bowling Lanes – prior to its closing the largest facility of its type in the world. Both of these were developed into the Willow Grove Park Mall.
The Hankin family has also developed numerous industrial centers, office parks and residential communities in the metropolitan Philadelphia area.
The Hankin family founded the Bank of King of Prussia which became the Royal Bank of Pennsylvania, and the Bank and Trust Company of Old York Road which had 13 branches in the Philadelphia area. This bank merged in 1996 with Midlantic Bank and then with PNC Bank.
Hankin Management Company is a full service real estate development and management company servicing the needs of its residential, industrial and office clients. It designs, builds, leases and/or sells buildings on its own property for its clients. These properties comprise over three million square feet of office and industrial properties. Through its syndication division, it has established real estate partnerships with scores of investors, many of which continue to be managed by Hankin Management Company.