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History

As the Company has evolved over time, we’ve maintained a focus on the core values that underlie our decades of success – namely operating with integrity and maintaining strong relationships with our partners, tenants and team members.

  • 1948

    Company develops its first shopping center in Baltimore, MD.

  • 1979

    Metropolitan Management, Klein’s vertically integrated real estate operating company, is established.

  • 2004

    Daniel Klein joins the Company and brings a more contemporary approach to capitalization and development.

  • 2012

    The Company expands into multifamily development, diversifying its portfolio.

  • Creation of KE Holdco

  • 2017-18

    KE Holdco is formed, consolidating equity from over 200 partners into a multi-asset portfolio of 30+ properties.

  • 2018-20

    KE continues to execute the plan to deliver cash flow along with equity appreciation for its partners, raising entity-level financing and exploring alternate strategies to capitalize the company for the longer term.

  • 2021-Present

    KE finalizes its partnership with Almanac Realty Partners, who has provided an investment of up to $200M to further expand KE’s diversified portfolio via development and acquisition activity across multifamily, retail, and flex/industrial and self-storage properties.