Kenneth Blatt ’81
Kenneth Blatt '81Principal
Kenneth M. Blatt is chief operating officer of the Hospitality Division and principal in Caribbean Property Group LLC (CPG). He has been with CPG since 2003. CPG is a real estate investment firm based in New York; San Juan, Puerto Rico; and West Palm Beach, Florida that develops, redevelops, acquires, manages, operates and owns real estate assets in Puerto Rico, the Caribbean and Central America across four sectors – retail, hotel, industrial and office. CPG’s current hotel assets include The Ritz-Carlton San Juan Hotel, Spa and Casino and the Radisson Ambassador Hotel and Casino. CPG is the managing partner in Caribbean Real Estate Opportunity Fund I, a $500 million real estate fund co-sponsored by Goldman Sachs and Perry Capital, the focus of which is to invest in income producing real estate assets in the Caribbean and Central America.
Blatt has a long record of entrepreneurial success in emerging Europe in the media, advertising and personnel industries. From 1992-2000, Blatt, as president of KU-Inc., a media and communications consultancy firm, created the region’s largest outdoor advertising company, a number of multinational advertising agencies with the Interpublic Group of Companies (IPG) and WPP in Romania and Bulgaria, a publishing company in Romania and a regional recruitment and training company. His activities and successes in Eastern Europe were the subject of a chapter in The Responsible Entrepreneur – How to Make Money and Make a Difference (Hall, Craig 2001).
From 2000 – 2003, Blatt, an Atlantic City native, had developed and managed real estate, hotel and restaurant projects in the United States and abroad. He was also active in the technology sector as an angel investor where he co-founded SkyJet.com and negotiated a successful exit to Bombardier Aerospace. Blatt is a graduate of the Cornell School of Hotel Administration where he serves on the Advisory Board for the Pillsbury Institute for Hospitality Entrepreneurship. He received his law degree from Emory University and an advanced business certificate at INSEAD in Fontainebleau, France.