29th Street Capital Names New SVP

The company has added Kevin Smith to lead its multifamily development activity. He brings 25 years of experience to his new position.
Kevin Smith, Senior Vice President, 29th Street Capital. Image courtesy of 29th Street Capital

Real estate investment firm 29th Street Capital has appointed Kevin Smith as senior vice president of development in Northern California. In his new role, Smith will be responsible for the company’s multifamily development activity, from site identification and product design through build-out and lease-up to stabilization. The firm plans to focus on investing in opportunity zones.

Kevin Smith brings 25 years of experience to his new position. Before joining 29th Street Capital, Smith served at Ranch Capital, where he had overseen the Mill at Broadway development, an in-fill, master planned community. He provided local project management for the due diligence, phase acquisitions, additional property acquisitions and entitlement for the whole project as well as the development and build-out of the first two phases. Prior to Ranch Capital, Smith served as Land Acquisition Manager for Sacramento in-fill sites for D.R. Horton. Additionally, Smith has experience in public/private partnership.

“It’s exciting to hit the ground running with the 29th Street Capital team,” said Smith in prepared remarks. “There is great opportunity for new development throughout Northern California, especially in opportunity zones in and around city centers.”