Steven Denholtz will serve as Chairman; Stephen Cassidy will serve as Managing Partner
Denholtz Properties announces that Katie Kurtz has been named Chief Executive Officer. Steven Denholtz, the firm’s previous Chief Executive Officer, will assume the role of Chairman and Stephen Cassidy, current President, will serve as Managing Partner.
Kurtz brings extensive institutional real estate experience to her new role as Chief Executive Officer. In this role, she will oversee the strategic refinement of Denholtz Properties’ operational platform to capitalize on emerging commercial real estate investment opportunities nationwide.
Kurtz, who previously served as Co-Chief Investment Officer and Chief Financial Officer for Silverstein Properties, brings over 20 years of institutional real estate, capital markets and investment experience to her new role as CEO. At Silverstein, her responsibilities spanned the firm’s portfolio of over $10B in commercial, residential and retail space as well as the development platform and lending business. Prior to that, Kurtz was an Executive Vice President at AR Global and held leadership roles with The Carlyle Group and New Mountain Finance Corporation.
“It has been my honor to lead Denholtz Properties through our evolution over the past four decades,” said Steven Denholtz. “As we look to the future, we are confident that Katie’s extensive experience and leadership will guide us in building upon our legacy while seizing new opportunities for sustained growth.”
Stephen Cassidy added, “Over the years, Steven and I have built a company that maximizes investor returns by assembling an entrepreneurial team adept at navigating ever-changing property and capital markets. As we enter what we believe is the next commercial real estate growth cycle, Katie’s institutional expertise will be crucial in advancing our business model and accelerating our growth trajectory.”
Katie Kurtz expressed enthusiasm for her new role, stating “Steven and Stephen’s decades of leadership and vision have established a sophisticated model for responsible commercial real estate investment capable of achieving results in even the most complex investments. I am excited to join the Denholtz Properties team and use my background to help grow the firm’s platform and achieve new levels of success together.”
As Chairman, Steven Denholtz will leverage his significant experience to shape the firm’s strategic vision while collaborating closely with the executive team to identify growth opportunities. In his new role as Managing Partner, Stephen Cassidy will focus on guiding the firm’s capital markets and fundraising operations as it expands and diversifies its $2B portfolio of assets under management.