Over a career spanning four decades, Ken Lombard has served in a variety of leadership roles where he has helped deploy tens of billions of dollars in highly successful real estate investments, business ventures, and corporate expansions that have fostered urban renewal and economic development in major cities and underserved minority communities throughout the United States.
Mr. Lombard is responsible for the overall direction of BRIDGE Housing, a leading nonprofit developer, owner and manager of over 13,500 units of affordable housing valued at over $3 billion.
Before joining BRIDGE in November 2021, Mr. Lombard was an original Board member when Seritage Growth Properties (NYSE: SRG) went public in 2015 and subsequently served as Seritage’s EVP and COO. Most recently he served as Seritage’s Special Advisor. Seritage is a self-administered and self-managed REIT with properties totaling approximately 39 million square feet of space across 49 states and Puerto Rico.
Mr. Lombard’s extensive experiences in urban investing date back to his groundbreaking partnership with Earvin “Magic” Johnson. During Mr. Lombard’s 12-year tenure as President and Partner of Johnson Development Corporation and Co-Managing Partner of the Canyon-Johnson Urban Funds, he negotiated numerous partnerships that brought entertainment complexes, coffee houses, restaurants, and retail centers to urban communities in more than 65 cities and 17 states.
Mr. Lombard has held other senior roles with leading companies focused on urban renewal and redevelopment. He was President of MacFarlane Partners, an investment management firm that acquires, develops, and manages real estate assets on behalf of pensions and institutional investors. While at Capri Capital Partners, he served as Vice Chairman, Partner, and head of investments, as well as President of the Capri Urban Fund, which invested more than $1 billion in in major U.S. markets. Immediately prior to joining Capri, Mr. Lombard served as President of Starbucks Entertainment, where he provided vision and strategy for the group’s entertainment initiatives.
Mr. Lombard holds a B.A. in Communication from the University of Washington. He has served on the Board of Directors of a variety of public companies, national nonprofit groups and government commissions.