Business Details
11 Years
experience
Trusted Real Estate Private Equity Investments in Lifestyle Hotels
Founded in 2015, our firm builds upon decades of combined experience from our lead professionals in the hospitality and real estate industries. We specialize in private equity investments focused on lifestyle hotels, leveraging our deep operational expertise to create long-term value through strategic acquisitions, renovations, and adaptive reuse projects. Our team of 26 professionals applies rigorous asset management practices and a disciplined investment approach honed over 20 years and 58 transactions.We maintain a values-driven culture centered on integrity, collaboration, and accountability while delivering superior risk-adjusted returns. Our track record includes managing $3 billion in total asset value and acquiring 9,200 hotel rooms across seven funds, supported by in-house construction and development capabilities. We prioritize responsible investing through environmental stewardship, inclusive practices, and transparent operations.
Services
Real Estate Investment
Hotel Renovation
Adaptive Reuse
Asset Management
Development Services
Details
- Year established: 2015
Highlights and features
- Our team has 30+ years average industry experience in hospitality investments
- We maintain a proven track record of 58 investments totaling $1.2B equity
- We implement rigorous asset management processes refined over 20 years
- Our in-house construction and development expertise informs all investment decisions
- We prioritize responsible investing through environmental and social stewardship
Associations and certifications
- GRESB Member
- AHLA 5-Star Promise Signatory
Services
Real Estate Investment
We focus on private equity investments in lifestyle hotels across the United States. Our strategy targets undermanaged or undercapitalized properties with potential for value creation through operational improvements and physical transformations. With $3 billion in total asset value and 58 completed investments, we deliver superior risk-adjusted returns through disciplined acquisitions and active asset management.
Hotel Renovation
Our renovation and repositioning strategy targets hotels in desirable locations needing capital improvements. We implement comprehensive upgrades to physical assets and brand positioning, leveraging our operational expertise to enhance property value. This approach has successfully transformed 9,200 hotel rooms across multiple funds while maintaining a focus on cost-effective, high-impact improvements.
Adaptive Reuse
We specialize in converting underutilized buildings into hotel properties, capitalizing on unique opportunities with limited competition. Our expertise includes navigating historic tax credits and public incentives to achieve cost-effective redevelopments. This strategy allows us to acquire properties below replacement cost while creating distinctive lifestyle hotel offerings in prime locations.
Asset Management
Our rigorous asset management approach combines operational expertise with financial discipline. We actively monitor and optimize hotel performance through strategic brand management, operational enhancements, and capital planning. With a team of experienced professionals, we ensure each investment achieves its full potential while maintaining alignment with investor objectives and market dynamics.
Development Services
Our in-house development team provides comprehensive construction and project management services. We integrate technical expertise with financial acumen to execute complex renovations and new developments. This capability enables us to control project timelines, budgets, and quality standards while maximizing value creation opportunities across our hotel portfolio.
People
Ben Rowe
CEO & Managing Partner
Co-founder with 20+ years in hospitality investment. Led growth of Kimpton Hotels before founding KHP. Focuses on strategic direction and major investment decisions.
Joe Long
Managing Partner
Co-founder with extensive hotel industry experience. Previously held leadership roles at Kimpton. Oversees investment strategy and capital relationships.
Mike Depatie
Founding Partner
Industry veteran with decades of hospitality experience. Previously led Kimpton Hotels & Restaurants. Provides strategic guidance for acquisitions and operations.
Jeff Stulmaker
Partner & Chief Investment Officer
Responsible for investment strategy and execution. Brings deep expertise in hotel real estate and capital markets to drive value creation.
Alex Lewis
Executive Vice President General Counsel
Legal and strategic affairs leader with extensive real estate experience. Manages legal matters and regulatory compliance for all investments.
Questions
What types of hotel investments do you specialize in?
We focus on lifestyle hotels through three primary strategies: operations enhancement, renovation/repositioning, and adaptive reuse of existing properties.
How long has KHP Capital Partnerss been in business?
The firm was founded in 2015 by former Kimpton executives, building on 20+ years of combined hospitality investment experience.
What geographic markets do you target?
We invest across the United States, focusing on primary urban markets, select leisure destinations, and secondary markets with high potential.
What is your approach to responsible investing?
We prioritize environmental sustainability, social responsibility, and governance through GRESB membership and AHLA 5-Star Promise commitments.
What is your typical investment size?
Our targeted equity commitments typically range between $10 million and $50 million for control-oriented investments in hotel real estate.
Do you offer development financing for hotel projects?
We consider preferred equity, mezzanine debt, or note purchases for high-quality assets where our operational expertise provides value.
