IRVINE, Calif. — Granite Investment Group has hired Ken Hocker as the company’s new president. Hocker is responsible for overseeing day-to-day operations and the development and implementation of the company’s strategic plan.
Based in Irvine, Granite is a privately held investment management firm that manages a $470 million portfolio of real estate assets, mostly in the seniors housing sector.
Throughout his career, Hocker has been responsible for more than $1.8 billion in commercial and multifamily acquisitions, ground-up development projects and the repositioning of value-add properties. His more than 30-year career includes corporate and financial oversight; property development and acquisition; personnel management; operations; and asset management.
Prior to joining Granite Investment Group, Hocker spent seven years as executive vice president with Vintage Real Estate, a national real estate investment firm based in Los Angeles. Previously, he was regional director of acquisitions and development for Weingarten Realty Investors (NYSE: WRI), a publicly traded real estate investment trust. He also served as principal and senior vice president with Equitable Real Estate Investment Management and subsequently Lend Lease Corp., which acquired Equitable during Hocker’s tenure.
Hocker earned a bachelor’s degree in finance from The University of Texas at Austin.