OKLAHOMA CITY--(BUSINESS WIRE)--Humphreys Capital, an institutional investment manager, today announced the appointment of Grant Humphreys as Chairman of the Board of Directors, marking the next step in the firm's carefully planned leadership transition. Grant Humphreys succeeds his father, Kirk Humphreys, who will continue to serve on the board as Chairman Emeritus. Blair Humphreys will remain in his role as Chief Executive Officer, and Braden Merritt has been appointed as the firm's new President.
This marks the next phase of a planned transition, which began in 2020 when Kirk Humphreys began to focus on mentoring the next generation of leaders at the firm. This latest change reinforces the company's vision for long-term, sustainable growth.
Grant Humphreys has served as President of Humphreys Capital for four years. As Chairman of the Board, he will continue to provide strategic direction and governance for the firm.
"We are grateful for Grant's established leadership," said Blair Humphreys. "His contributions have been fundamental, and we look forward to his ongoing involvement as Chairman."
Braden Merritt's appointment as the firm's President reflects his exceptional leadership and strategic capability. Merritt, who joined Humphreys Capital in 2017, brings a diverse background that includes service as an officer in the U.S. Marine Corps, as well as valuable experience at the Boston Consulting Group and Google.
"Braden has been an invaluable part of our team since, and his leadership experience from both the military and corporate sectors makes him uniquely suited for this role," said Grant Humphreys. "We are confident that his vision and expertise will drive the firm to new heights."
Humphreys Capital remains committed to delivering exceptional results for its investors, guided by the collective expertise of its leadership team.
About Humphreys Capital
Humphreys Capital is an Oklahoma City-based investment company that acquires and develops institutional-quality real estate. We focus on dynamic, high-growth markets across the United States, specializing in privately negotiated, off-market, mid-size deals. Our multi-generational team provides expertise and exposure to diversify portfolios of accredited and institutional investors. Together, we manage a $1.5B portfolio of 80+ properties across four funds. Visit www.humphreyscapital.com for more information.
Disclosures: This press release is neither an offer to sell nor a solicitation of an offer to buy any security. An offering is made only by a Private Placement Memorandum (PPM) to individuals who meet minimum suitability requirements. This press release must be read in conjunction with the PPM to fully understand all the implications and risks of the offering of securities to which it relates. Please read the PPM and consider the Fund's investment objectives, risks, charges, expenses, and other information described therein prior to making any investment decisions. Total Asset Value is measured as the balance sheet assets of each fund (based on fair value) in addition to the pro rata share of debt based on the fund’s contractual interest in joint ventures in accordance with the NCREIF PREA Reporting Standards (4/2023) calculation of Gross Asset Value.
