Stonebridge Cos. Welcomes Steve Kakaty as Chief Investment Officer
Stonebridge Cos., a Denver-based, privately owned, innovative hotel owner, operator and developer, announced Steve Kakaty joined the team as chief investment officer.
With more than 16 years of experience in the real estate industry, Kakaty will spearhead Stonebridge’s real estate platform. Stonebridge has been on the path towards expedited growth of both its third-party hotel management business as well as its real estate portfolio as it plans to add over $1 billion in properties following a recent investment made by TowerBrook Capital Partners and other private investors.
“Our trademark Distinguished Hospitality™ is at the heart of everything we do, including the strategic selection of our team members,” said Stonebridge Founder, CEO and chairman Navin C. Dimond. “Steve’s invaluable, robust experience within the lodging sector blended with his professionalism and exceptional expertise will elevate Stonebridge as we continue to expand our hotel portfolio.”
Prior to joining Stonebridge Cos., Kakaty worked at Rockwood Capital, supporting both the firm’s acquisitions and asset management efforts across its hospitality investments. Along with his experience at Rockwood, Kakaty was also an associate at Cushman & Wakefield where he focused on appraisals in the lodging sector. He received a Bachelor of Science from Cornell University, School of Hotel Administration.
Kairoi Residential Announces New Hires and Promotions
Kairoi Residential, a premier, vertically integrated, multifamily investment, development and property management company, announced the recent promotions and additions to its Denver communities.
The new hires are:
- Alice Lesnic, assistant community director at The Alcott
- Tierra Coxsey, assistant community director at The Confluence
The newly promoted employees are:
- Ashley Swanson, promoted to community director at Aspire
- Eddy Hendrixson, promoted to assistant service manager at The Station at Riverfront Park
“It’s a pleasure to announce these most recent additions and promotions for the Kairoi team,” said Tammy Freiling, chief financial officer-management of Kairoi. “Our company is committed to hiring and promoting exceptional professionals who will help our company, and our clients, thrive.”
Kumar & Associates, Inc. Says Goodbye to an “Original” Employee
Kumar & Associates, Inc. (K+A) has bid farewell to one of its first employees, David (Dave) D. Scott. K+A was incorporated in 1989 and Dave joined in 1990 to work as a field technician and eventually start the laboratory. Before K+A was a leading geotechnical engineering company, it was a small firm in need of a field and lab employee to manage technicians and perform testing. Narender Kumar met Dave Scott at a little league soccer game where both of their sons, Ryan and Jim (respectively), were playing. They got to know each other and Dave began working at K+A shortly after, working in the field, starting the lab, and supervising technicians.
With 32 years of service, Dave was a cornerstone of K+A’s success and reputation within the industry. After Dave’s hiring, K+A was able to add more testing capabilities to better serve our clients. After K+A expanded into multiple office locations and relocated the Denver office to its current location, Dave continued managing the laboratory services and personnel. His role also evolved into coordinating building maintenance and repairs with contractors.
Prior to K+A, Dave worked at Siegrist Construction starting on the bridge crew and later moving on to surveying and performing Quality Control for the asphalt plant. Dave also worked at the Henderson Mine on the haulage crew loading ore cars and driving the trains.
Narender Kumar speaking about Dave’s impact: “Hearing from Dave about his retirement made me nostalgic, as I look back at all the wonderful times we had together at work and socially. Among the things we did together were get-togethers at our homes, K+A summer picnics, going to Bronco games, and seeing our kids grow up. The two kids (Ryan and Jim) are now both licensed engineers.”
