# Kevin Newell

> Kevin L. Newell is the Milwaukee-based founder and CEO of Royal Capital, established in 2010. His development work includes Wheatley School Apartments at his former elementary school, the Good Hope library and Fortitude Apartments with Maures Development, Five Fifty Ultra Lofts beside the Bucks arena, and ThriveOn King. He also serves on the Federal Home Loan Bank of Chicago board.

- **Role:** Founder and CEO at Royal Capital
- **Organizations:** Royal Capital, Federal Home Loan Bank of Chicago, Alpha Phi Alpha, Guest House of Milwaukee, Wisconsin Preservation Fund
- **Education:** BBA, General Management, University of Wisconsin-Whitewater, MBA, Finance and Management emphasis, University of Wisconsin-Whitewater, Associates in Commercial Real Estate (ACRE) program, Marquette University
- **Known for:** Redeveloped his former elementary school into the 82-unit Wheatley School Apartments., Developed the 65-unit Fortitude Apartments with Maures Development as part of the Good Hope library project., Partnered with the Milwaukee Bucks on Five Fifty Ultra Lofts.

## Career timeline

- **2007** — Completed his BBA and ACRE training.
- **2009** — Earned an MBA at UW-Whitewater.
- **2010** — Founded Royal Capital in September after working at WHEDA.
- **2017** — Named to the Milwaukee Business Journal 40 Under 40 class.
- **2020** — Good Hope library opened in the development with Fortitude Apartments.
- **2021** — Royal Capital broke ground on the Wheatley redevelopment.
- **2023** — Joined the Federal Home Loan Bank of Chicago board.
- **2026** — Fort Worth approved final site plans for the Evans and Rosedale development.

## Achievements

- Redeveloped his former elementary school into the 82-unit Wheatley School Apartments.
- Developed the 65-unit Fortitude Apartments with Maures Development as part of the Good Hope library project.
- Partnered with the Milwaukee Bucks on Five Fifty Ultra Lofts.
- Helped lead the ThriveOn King collaboration.

## Latest updates

- **2026-03** — Appeared in the inaugural Rising Forward episode with Shannon Sims.
- **2026-03** — Fort Worth’s Urban Design Commission signed off on final Evans and Rosedale site plans.
- **2026-02** — Named among faculty for the Spring 2026 Forward 48 cohort.

## Links

- Website: https://royalcapital.net/
- LinkedIn: https://www.linkedin.com/in/kevin-l-newell-mba-b5279644

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Profile page: https://yespress.io/kevin-newell
Published by YesPress — https://yespress.io
Last updated: 2026-10-10