The SDSU West Campus Research Center, Stadium and River Park Initiative
Apr 05, 2018
John Kratzer
The SDSU West Campus Research Center, Stadium and River Park Initiative

John Kratzer is the CEO of JMI Realty, a private real estate investment and development company with offices in San Diego, California and Austin, Texas. JMI Realty was organized in 1992 as the real estate subsidiary of JMI Services, the investment management company of the John Moores Family. 

Mr. Kratzer is responsible for JMI Realty’s overall strategic direction and provides oversight for all of JMI Realty’s development, construction, financing, acquisition and disposition activities.  Under Mr. Kratzer’s leadership, JMI Realty acted as the Master Developer for the $1.4 billion development of downtown San Diego’s Ballpark District including:

- Petco Park
- Omni San Diego Hotel
- Metropolitan Condominiums
- East Village Square
- Hotel Solamar 

In addition, JMI Realty has developed many other projects including the San Diego Marriott Del Mar, Paseo del Mar office campus, Casoleil apartment homes and the 322-room Hotel Van Zandt in Downtown Austin, Texas.  Recent acquisitions include the Sheraton Hotel at the Capitol in Austin, Texas; Snow King Resort in Jackson, Wyoming; The Inn at Rancho Santa Fe in Rancho Santa Fe, California and The Marquette in downtown Minneapolis, Minnesota.  JMI Realty’s portfolio of hotel assets is valued at approximately $750 million.

Prior to JMI Realty, Mr. Kratzer was a co-founder of Homegate Hospitality, Inc., where he directed the company’s operations, including the development and construction of over 3,000 hotel rooms with a value in excess of $200 million.  Under Mr. Kratzer’s leadership, the company grew from a private start-up to a publicly-traded company (NASDQ: HMGT), and ultimately merged with Prime Hospitality (NYSE: PDQ). 

Prior to Homegate, Mr. Kratzer was an investment officer with Trammell Crow Realty Advisors, an institutional investment advisor that managed a $541 million discretionary fund and the Crow Investment Trust.

 

Kratzer graduated Magna Cum Laude from Southern Methodist University and holds a Master of Management degree from the Kellogg School at Northwestern University.  He has served on the board of the Downtown San Diego Partnership, Phoenix Footwear Group (AMEX: PXG) and Lambda Alpha . He is an active member of the Rock Church, Urban Land Institute and University of San Diego’s Policy Advisory Board.