Ben Rowe Takes the Helm as CEO of KHP Capital Partners
KHP Capital Partners has made an exciting announcement regarding its leadership. Ben Rowe, Co-Founder and Managing Partner of KHP, will officially step into the role of Chief Executive Officer. This change comes as part of a well-planned succession strategy aimed at ensuring a smooth transition while continuing to guide the firm toward future growth.
The Journey of KHP Capital Partners
Founded in 2015, KHP Capital Partners has made significant strides in the real estate private equity sector, focusing primarily on acquiring and developing lifestyle hotels. Under the partnership of Rowe and his colleagues Mike Depatie and Joe Long, KHP has amassed a remarkable portfolio, managing approximately $1 billion in equity and overseeing investments in 20 unique properties.
Ben Rowe's Background and Achievements
Rowe’s journey in the hospitality industry began at Kimpton Hotels and Restaurants in 2003, where he joined Depatie and Long. As the Chief Financial Officer from 2008 to 2015, he played an integral role in transforming Kimpton into a leading lifestyle hotel brand. After the sale of Kimpton to InterContinental Hotels Group, the trio launched KHP, marking a new chapter in their careers.
Support from Fellow Partners
Joe Long, a fellow Co-Founder and Managing Partner, expressed immense confidence in Rowe’s capabilities. Long stated, "I have worked closely with Ben for the last 22 years, and he is one of the most dedicated and knowledgeable individuals I have encountered in my career. His vision, detail-oriented nature, and commitment to company culture make him a stellar leader for KHP." This camaraderie and mutual respect highlight the supportive framework within which KHP operates.
A Transition for Future Growth
Rowe's appointment as CEO is not only a personal milestone but also part of a broader succession plan aimed at nurturing future leaders. This strategy ensures that the insights and expertise of the founding partners continue to influence KHP's direction. In line with this plan, Jeff Stulmaker was appointed as Chief Investment Officer in early 2022, further strengthening the leadership team.
Future Plans and Vision
Ben Rowe aims to build upon KHP’s legacy of success. "I am eager to enhance the foundation of trust and investment excellence that KHP has established over the past decade," he remarked. Rowe emphasized the importance of KHP's team and its strong relationships with institutional partners, positioning the firm to thrive in today’s dynamic investment landscape.
Current Investment Strategy
KHP Capital Partners is actively managing KHP Fund VI, a discretionary equity fund currently comprising $300 million. This fund continues the firm’s commitment to investing in lifestyle hotels, with past funds witnessing substantial success, representing over $1.4 billion in equity for various hotel projects.
Recent Investments
Among recent developments is the Johnston Building, a notable project slated to open in late 2026 as a 240-room lifestyle hotel. Furthermore, KHP has acquired the historic Hotel Viking, which will undergo significant renovations. These acquisitions reflect the firm's strategic growth and dedication to enhancing the hospitality experience.
About KHP Capital Partners
KHP Capital Partners operates from the San Francisco Bay Area, focusing on lifestyle hotel investments that yield exceptional risk-adjusted returns. By adhering to disciplined acquisition strategies and leveraging their extensive experience, KHP seeks to drive growth and deliver value to its investors through innovative projects.
Frequently Asked Questions
Who is Ben Rowe?
Ben Rowe is the newly appointed CEO of KHP Capital Partners, also a Co-Founder and Managing Partner.
What is KHP Capital Partners known for?
KHP is recognized for its focus on investing in lifestyle hotels and its robust management of private equity funds.
What are recent projects by KHP Capital Partners?
Recent projects include the Johnston Building, set to open in 2026, and the acquisition of the Hotel Viking, currently undergoing renovations.
What is KHP Fund VI?
KHP Fund VI is a $300 million discretionary equity fund focused on investments in lifestyle hotels.
Where is KHP Capital Partners located?
KHP Capital Partners is headquartered in the San Francisco Bay Area and invests throughout the U.S.
