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Social Responsibility and Building the Urban Core with Kevin Newell
Kevin Newell, founder of Royal Capital, shares how his life’s work is committed to building the urban core through the lens of social responsibility.
Newell’s passion for business led him to explore the potential of public-private partnerships after graduating from the prestigious Associates in Real Estate (ACRE) program at Marquette University. Royal Capital invests in affordable housing, health care and education, and Newell is particularly proud of his company’s work with ThriveOn King, a 455,000-square-foot, place-based investment that will bring economic and social benefit to communities of color disproportionately affected by disparities.
Newell is a proud Milwaukeean and shares his insights on entrepreneurship and leadership during this can’t-miss episode.
Episode Highlights
11:59 - In order for me to keep my engine going, once you get to the point of financial success, you're going to need other things to kind of keep you motivated. And in order for me to not go down and spend my time in South Beach and stick my time here in Wisconsin, it's got to be tied to something bigger than financial reward. And social responsibility is that engine for me, it gets me going.
14:58 - We have the benefit of having brought in a significant major player around early childhood education and understanding that 0-3, that birth-3 timeframe, is so important for our youth, especially with the folks who are marginalized and disenfranchised in our community.
17:36 - If we're going to have a real impact in our communities, we need to start with policymakers. We need to start with legislation. Even Dr. King talked about it on his last stage, where we were talking about going from simply marching to figuring out ways we can get people into appropriate seats on the political side.
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Guest Bio
Kevin L. Newell is the founder of Royal Capital Group and has served as CEO since 2010. Royal Capital Group is a leading venture and holdings company with a firm focus on urban development and innovation.
As the CEO of the organization, Newell has proudly led the company’s efforts on business development, strategy, project management and its investment profile. As leader of the organization, he serves as an advocate for urban planning that is aligned with the aim to provide quality, safe, affordable lifestyle campuses that are in the best interest of the community he serves.
Newell is a proud Milwaukee Public Schools graduate and received his undergraduate degree and MBA from the University of Wisconsin-Whitewater. He also is a graduate of the Marquette University ACRE (Associates in Commercial Real Estate) program.
Some of Newell’s notable career achievements include:
- ☐ Real Estate Partner with the NBA Milwaukee Bucks, as Developer/Owner for the new $1 billion Live-Work-Play Entertainment District
- ☐ First African-American to build and own multifamily-commercial developments in downtown Milwaukee and Madison, Wis.
- ☐ Recognized by the Milwaukee Business Journal as a 40 under 40 recipient, National Top Real Estate Executive, Regional Top 25 Power Brokers and Top 48 Most Influential African Americans in Wisconsin.
