Norman Jenkins is the founder and CEO of Capstone Development, LLC, a real estate acquisition and development company focused on hotels as well as other classes of investment grade commercial real estate. Capstone has two related business units, Capstone Management Services which operates third party and company owned hotels, and Capstone Procurement, a full service procurement services firm.
Prior to the launch of Capstone, Jenkins was Senior Vice President, North American Lodging Development, and a Corporate Officer of Marriott International, Inc. In his role as SVP, Jenkins led complex development projects including transaction structuring, financing and real estate acquisition. Upon joining Marriott in 1992, Jenkins was a Senior Manager in Marriott’s Corporate Internal Audit group. His other executive roles include, Tax Director, Acquisition Executive, Finance Director, Vice President & CFO, Ramada International, Vice President, Global Operations, Ramada International, and Vice President, Owner & Franchise Services. Mr. Jenkins is a frequent industry conference speaker and serves on numerous boards. In addition, Jenkins was the architect of Marriott’s diversity ownership initiative, which received industry accolades for developing top tier minority investors, owners and franchisees.
Jenkins began his professional career at McDonald’s Corporation where he held management positions in finance and operations. He serves on a number of boards including the International Franchise Association Diversity Institute, the Executive Leadership Council, the Metropolitan Community Development Corporation, the Howard University Business School Board of Visitors, Howard University Hospital Board of Governors and is past President and CEO of National Association of Black Accountants.
Jenkins holds a BBA in accounting from Howard University, an MBA from the George Washington University and is a certified public accountant. Mr. Jenkins resides in suburban Washington, DC with his wife and two children.