Kenneth Herzberg joins EKN Development Group as Head of EKN Capital Markets

In Company News, Uncategorized by Gabrielle Greenstein

EKN Development Group LLC (“EKN Development”) is pleased to announce that Kenneth Herzberg, Founder and Managing Director of Redpoint Capital Advisors, LLC (“Redpoint”), will be joining our team as head of the newly formed EKN Capital Markets, LLC (“EKN Capital Markets”).  Leveraging more than 30 years of experience, Kenneth will advise on debt and equity placement, investment sales, M&A, ground lease monetization, C-PACE financing, programmatic execution and structuring of joint ventures, and CoGP/LP formation. Prior to his time at Redpoint, Kenneth was the Director of Capital Markets for Madison Equities and the Founder and Managing Director of Carlton Group’s hospitality practice. 

Founded in 2018, Redpoint is a full-service advisory firm with significant capital market expertise across the hospitality, resort and multifamily sectors. Redpoint has provided value-added consultation, hospitality and capital markets advisory services, and has contributed unparalleled long-term relationships to commercial real estate companies and sponsorship. To date, Redpoint has advised on over $3 billion of transactions. Kenneth has advised on over $25 billion in debt and equity financing throughout his lengthy career.  

Kenneth expands EKN Development’s broad portfolio of disciplines that currently include architectural, engineering, construction, analysis, entitlement, and underwriting expertise. The addition of EKN Capital Markets augments EKN Development’s capabilities as a full-service developer dedicated to delivering value to its partners and real estate investors through each step of the process.  

ABOUT EKN DEVELOPMENT GROUP 

EKN Development Group was founded in 2012 as a real estate development firm, specializing in premier hospitality, retail, mixed-use, and high-density residential developments. EKN draws upon its leadership’s decades of experience to create and deliver superior projects in high-barrier to entry locations to its investors and communities. EKN currently has over 1,400 hospitality keys in development, and well over 3,000 hospitality keys in its project pipeline. Additionally, EKN has 350 residential units in development, as well as retail and food and beverage venues  across the United States. For more information about EKN, visit ekndevgroup.com. 

ABOUT EKN CAPITAL MARKETS 

EKN Capital Markets is a recently formed advisory focused on solutions at each point in the capital stack. Leveraging the partners’ vast transaction experience and industry relationships, EKN Capital Markets, a subsidiary of EKN Development Group, strives to offer the complete spectrum of capital market services specifically tailored to a  client’s needs. In the future, EKN Capital Markets will provide developers, operators and investors I unparalleled access to the capital markets allowing them to unlock the maximum value from their development and existing properties. For more information about EKN Capital Markets, visit ekndevgroup.com.