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THE KOR GROUP
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THE KOR GROUP
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Bradford Korzen Chief Executive Officer and Principal
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As the founder of Kor Realty Group, Brad Korzen has developed a dynamic portfolio of resorts, hotels, multiple-family properties and commercial investments while guiding the diverse corporation behind its growth and operations. In just over a decade, Korzen has mined his unique understanding of contemporary financial and cultural climates to build, market and manage real estate assets that are at once traditionally profitable and creatively progressive. Under his direction, the Kor Group has grown from a real estate acquisition and property administration firm to a multi-faceted corporation with fully integrated acquisitions, development, construction, sales, marketing and management capabilities.
Recognized in the trade and popular media as a leading force on the contemporary boutique hotel scene, Korzen is perhaps best known for his burgeoning collection of Southern California hospitality destinations, including the award-winning hotels Viceroy Palm Springs and Viceroy Santa Monica, and Beverly Hills' famed Avalon Hotel and Maison 140. In 2005, he introduced the company's first international properties, Viceroy Anguilla and the Riviera Maya Resort, and announced a partnership with The Related Group of Florida to create two Viceroy destinations in Miami and South Beach.
Korzen has also repositioned Kor-owned flagged hotel properties. Under the
Viceroy Hotel Group banner, the renovated Sheraton LAX Gateway is experiencing renewed popularity and profitability; the former Sheraton Four Points Santa Monica is now operating as Sheraton Delfina Santa Monica, a full-service business and leisure destination; and the Summerfield Suites West Hollywood debuted in mid-2005 as the Chamberlain, a metropolitan boutique hotel.
In addition to his success in the hospitality market, Korzen has acquired and developed a collection of multi-family properties throughout Southern California. Presently numbering 3,000 units, the apartment portfolio includes Pegasus, an award-winning residential conversion of the landmark Standard Oil headquarters in downtown Los Angeles.
Korzen is also leading his organization's foray into loft condominium development in notable Los Angeles locations. Molino Street Lofts, a live-work compound in the emerging Arts District, began pre-sales in Fall 2004 and sold out by early 2005. Construction and pre-sales activity are now underway on three more loft condominium developments, including conversion of the art deco treasure Eastern Columbia in downtown Los Angeles and the former Broadway department store at Hollywood and Vine, as well as a ground-up development in the popular Silver Lake district.
A Chicago native and graduate of the University of Illinois, Korzen holds a Juris Doctorate from University of Miami School of Law.
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1212 South Flower Street Suite 500 Los Angeles, CA 90015 T 323 930 3700 F 323 930 3701
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