James Kropp is a highly accomplished financial executive with over 50 years of experience spanning the real estate and investment industries. Based in Raleigh, North Carolina, Jim has built a reputation as a visionary leader who blends deep technical expertise with innovative thinking. Throughout his distinguished career, he has driven transformative growth through IPOs, mergers and acquisitions, and strategic board leadership. His work embodies a commitment to sustainability, sound governance, and creating long-term value for stakeholders.
As a founding Trustee of American Homes 4 Rent (NYSE: AMH) since 2012, Jim has been instrumental in the company’s rise to prominence as a leading residential REIT. Serving as Audit Committee Chair from 2012 to 2023 and currently contributing to the Audit and Nominating/Governance Committees, he has provided critical oversight during a period of tremendous growth. Jim plans to step down in May 2025, concluding his tenure with a legacy of financial innovation and robust governance practices.
In addition to his role at AMH, Jim serves as the Lead Independent Director for KKR Real Estate Select Trust (Nasdaq: KRESTX), a position he has held since the fund’s inception in 2020. He also oversees three additional funds within KKR’s Democratized Investments platform, including the KKR Asset-Based Income Fund, KKR US Direct Lending Fund-U Inc., and KKR Enhanced US Direct Lending Fund-L Inc., which were established in 2023. These roles underscore Jim’s ability to navigate the complexities of both real estate and institutional credit markets.
Jim is a Director of FS KKR Capital Corp (NYSE: FSK), a leading business development company, where he chairs the Valuation Committee and serves on the Audit Committee. His expertise extends to two private BDCs in the same fund family, KKR FS Income Trust (KFIT) and KKR FS Income Trust (KFITS). These positions reflect his command of both public and private investment vehicles, as well as his ability to deliver shareholder value in a competitive environment.
Over his illustrious career, Jim has served on numerous influential boards. He was a Trustee of PS Business Parks (NYSE: PSB) for 27 years, chairing the Compensation Committee and playing a key role in its sale to Blackstone. Similarly, he served as a Director of Trustreet Properties (NYSE: TSY) from 2005 until its acquisition by GE Capital. His involvement in these transactions highlights his ability to lead organizations through pivotal moments of strategic transformation.
Jim’s professional journey includes notable leadership roles beyond his board service. Since 2008, he has been the Chief Investment Officer of SLKW Investments LLC, a family office focused on generating sustainable dividend income. Previously, he served as Interim CFO of TaxEase LLC, where he managed complex financial operations, and as Senior Vice President of Investments at Gazit Group USA, where he led significant property acquisition initiatives. These roles have cemented Jim’s expertise in real estate development, leasing, and portfolio management.
Earlier in his career, Jim held the position of Managing Director at Christopher Weil & Co., Inc., where he advised on real estate investment strategies. As CFO of Morgan Stanley Realty from 1980 to 1985, he was at the forefront of institutional real estate investments, overseeing significant transactions that laid the groundwork for his future success. These experiences have endowed him with a comprehensive understanding of the real estate and financial landscapes.
Jim’s contributions to the field extend beyond his professional roles. He is an active member of the AICPA and NACD and is recognized as an Audit Committee Financial Expert. He has spoken at NAREIT conferences on topics ranging from corporate governance to real estate investment strategies. His international exposure, particularly in Japan and Israel, further broadens his perspective, enabling him to approach challenges with a global lens.
Outside of his professional pursuits, Jim is passionate about sustainability and enjoys cooking. He believes in the importance of balancing professional success with personal fulfillment and values the opportunity to mentor the next generation of leaders. With a career defined by innovation, expertise, and a commitment to excellence, Jim is a true trailblazer in the world of real estate and financial strategy.
Character:
James Kropp exemplifies integrity and professionalism, consistently earning the trust and respect of colleagues, board members, and stakeholders. His ethical leadership and dedication to transparency have made him a cornerstone of effective governance in every organization he serves.
Knowledge:
With over 50 years of experience in real estate, investments, and corporate governance, James Kropp brings unparalleled expertise to the table. His deep understanding of financial strategy, audit oversight, and market dynamics equips him to navigate complex challenges with precision and foresight.
Strategic:
James Kropp is a visionary leader who aligns business strategies with long-term goals to achieve sustainable growth and value creation. His ability to identify opportunities and drive transformative initiatives has consistently delivered exceptional results for stakeholders.
Communication:
James Kropp excels in communicating complex financial and operational concepts to diverse audiences, fostering collaboration and alignment. His approachable demeanor and clarity in messaging enhance decision-making processes and strengthen stakeholder relationships.
