K Property Group (KPG) Appoints Larissa Herczeg to Advisory Board

Larissa Herczeg to provide strategic guidance and input to KPG

Greg Kraut

K Property Group (KPG), a specialized value-add office and retail acquisitions and development company in New York City, today announced Larissa Herczeg to its advisory board to support the company's growth by providing strategic guidance and input to KPG. The board consists of leaders with diverse backgrounds in both the private and public sector. Each member brings deep experience in real estate and other fields, adding significant depth and breadth to the KPG team.

"Our advisory board of industry leaders both inside and outside of real estate will further strengthen our executive team's talent and background, and we are fortunate to have identified such an outstanding individual, who I have known both in business and personally," said Greg Kraut, KPG's managing partner.

Our advisory board of industry leaders both inside and outside of real estate will further strengthen our executive team's talent and background, and we are fortunate to have identified such an outstanding individual, who I have known both in business and personally.

GREG KRAUT, KPG Managing Partner

"I am honored to be on a board of individuals I hold in the highest esteem. I am excited by the opportunity to provide KPG's strong team of investment professionals with my view on emerging real estate firms and overall business growth," said Larissa Herczeg.

"I'm confident that Larissa is going to make a valuable and positive impact on our company to help guide it through this accelerated growth period," said Rod Kritsberg, KPG's managing partner.

About K Property Group LLC:

K Property Group ("KPG") is a fully integrated real estate investment platform with asset management, leasing and construction management capabilities with over 35 years combined experience. Our mission is to acquire and reinvest in value-add, retail and mixed-use properties. KPG targets underperforming, non-stabilized properties in New York City where KPG can generate value through capital improvements and strategic re-tenanting, resulting in NOI accretion. KPG leverages its extensive network and market knowledge which supports a demonstrable history of unique, off-market deal sourcing. This provides long-term value to KPG's partners and investors — both institutional and private.

Additional information about KPG and a selection of current holdings and previous transactions is available at www.KPropertyGroup.com.

K Property Group Contact:
Gregory Kraut, 212-359-0743
Managing Partner
Greg.kraut@kpropertygroup.com

Source: K Property Group