Khp Capital Partners stands as a premier real estate private equity firm dedicated to investments in boutique and independent hotels across the United States and Canada. Based in San Francisco, CA, khp capital partners focuses on generating long-term value for its Principals and Limited Partners through strategic investments in the hospitality sector. The firm distinguishes itself by employing disciplined acquisition criteria and implementing value-add investment strategies, leveraging extensive experience in hotel operations and development to deliver superior risk-adjusted returns.
The core investment strategy of khp capital partners centers on acquiring existing full-service boutique and independent hotels that present opportunities for significant enhancement. This includes properties that can benefit from improved branding and management, hotels requiring renovation and repositioning through capital infusion, and the adaptive reuse of suitable buildings for hotel conversions. With a comprehensive in-house team covering all key disciplines, khp capital partners operates with agility and decisiveness. This allows them to quickly identify underperforming assets and implement aggressive asset management strategies to optimize hotel performance. Furthermore, their deep construction and design expertise enables the firm to expertly evaluate and execute complex capital improvement and redevelopment projects, unlocking opportunities often missed by others.
KHP Capital Partners was established in 2015 by seasoned industry leaders Mike Depatie, Joe Long, and Ben Rowe. These principals formerly spearheaded the private equity fund management business at Kimpton Hotels & Restaurants, prior to the hotel management company’s acquisition by InterContinental Hotel Group. As former CEO, Chief Investment Officer, and Chief Financial Officer of Kimpton, this team brings a wealth of experience and a proven track record. During their tenure at Kimpton, they successfully raised and invested the KHP series of funds, playing a pivotal role in growing Kimpton into the largest independent owner and operator of boutique hotels in the United States. This rich legacy and deep industry knowledge position khp capital partners as a leading force in hotel real estate private equity.