KHP Capital Partners is a real estate private equity firm based in San Francisco, CA, United States. Founded in 2015 by Mike Depatie, Joe Long, and Ben Rowe, the company focuses on investments in boutique and independent hotels.
The firm manages capital on behalf of its Principals and Limited Partners with the goal of creating long term value through targeted investments in hotel real estate. They invest across the United States and Canada, generating superior risk-adjusted returns by focusing on disciplined acquisition criteria and implementing value-add investment strategies that capitalize on their deep experience in hotel operations and development.
KHP Capital Partners primarily focuses on the acquisition of existing full-service boutique and independent hotels that can benefit from enhanced branding and management, renovation and repositioning of hotels in need of capital, and adaptive reuse of buildings suitable for conversion to hotel use.
With most key disciplines residing in-house and extensive industry knowledge, they act quickly and decisively, identifying underperforming properties and aggressively asset managing their hotels to improve performance. They further leverage their construction and design expertise to evaluate and execute complex capital improvement and redevelopment projects, enabling them to take advantage of opportunities that others cannot.
The founders of KHP Capital Partners were previously involved in leading the private equity fund management business formerly managed by Kimpton Hotels & Restaurants after the sale of the hotel management company to InterContinental Hotel Group. Their leadership at Kimpton resulted in the growth of the company to become the largest independent owner and operator of boutique hotels in the US.
Overall, KHP Capital Partners represents a solid option for venture capitalists looking to invest in the real estate sector with a focus on boutique and independent hotels. With a strong leadership team and a proven track record in the industry, the company presents promising opportunities for long-term value creation and superior returns.