Kevin Kragnes has been appointed Vice President of Capital Services at Hotel Equities Group, LLC
Hotel Equities (HE) is pleased to announce the appointment of Kevin Kragnes as Vice President of Capital Services. Kragnes originally joined HE as part of their strategic partnership with National Hospitality Services (NHS) in 2023 and is now using his expertise to serve HE's clients on a broader scale. His skill set is a tremendous asset to the organization's strategic initiatives, particularly in navigating the complexities of capital markets and financing for the hospitality industry.
With over 30 years of experience in banking and finance, Kragnes is well-positioned to drive value for HE and its stakeholders. His responsibilities as VP of Capital Services include securing capital for new developments, expansions, and renovations, as well as overseeing relationships with lenders and investors and promoting new opportunities for tactical growth. His role also involves providing guidance on investment strategies, mitigating financial risks, and ensuring long-term financial health for the organization. Kragnes' ability to secure favorable terms and structure deals that benefit both investors and property owners will bring significant value to the company's diverse portfolio of hotels.
Kragnes holds a Bachelor of Science in Finance and is a graduate of both the Commercial Lending School and the North Dakota School of Banking. His credentials extend beyond finance, as he is a licensed real estate agent and holds licenses in Property Casualty and Life and Health Insurance. Kragnes has also been an active leader in his community, serving as President of the West Fargo Chamber of Commerce and the West Fargo Exchange Club.
Alpharetta, Georgia
United States
