Norman K. Jenkins has served as one of our directors since December 2020 and is a member of the Board’s Audit Committee. Mr. Jenkins is President and Chief Executive Officer of Capstone Development, a privately held firm he founded in 2009. Capstone develops and acquires commercial and multi-family real estate, with significant expertise in public-private partnerships and developing hospitality real estate that is generally affiliated with international lodging brands. Since its founding, Capstone has raised significant equity capital from a diverse investor group including state pension, family office, private equity, sovereign wealth and high net worth individuals. At present, Capstone owns a diverse portfolio comprised of hotels, street level retail and multi-family housing.
Prior to launching Capstone, Mr. Jenkins was a senior executive and corporate officer of Marriott International Inc. (NASDAQ: MAR). During his 16 year tenure with Marriott, he served in a variety of leadership roles including, Senior Vice President - North American Lodging Development, Vice President and Chief Financial Officer - Ramada International, Vice President - Owner & Franchise Services and Acquisition Executive. Prior to joining Marriott, Mr. Jenkins spent 5 years with McDonald’s Corporation where he held positions in finance and operations.
Mr. Jenkins currently serves on the board of directors of Duke Realty (NYSE:DRE) and New Senior Investment Group (NASDAQ: SNR). He is a member of the Washington DC Developer Roundtable and is a former member of the Suburban Hospital Board of Trustees and the Howard University Board of Trustees.
Mr. Jenkins earned a BBA in Accounting from Howard University, an MBA from George Washington University and is a certified public accountant.