November 2025
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FOUNDERS PROPERTIES PROMOTES KIM HOFSTEDE TO PRESIDENT
Minneapolis, Minn. (Nov. 12, 2025) – Kim Hofstede, managing director of portfolio management for Founders Properties, has been promoted to president, where she’ll oversee the firm’s day-to-day operations, including asset management, dispositions, and finance/accounting. Wade Lau, who previously served as both president and CEO, remains chief executive officer and serves on the board of directors.
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“Kim has developed into a key leader at Founders for nearly 10 years,” said Lau, who has led Founders Properties since 2013. “She is well-respected internally and externally and has been a critical partner in the success of Founders, our relationships with investors, and managing our investments in industrial properties.”
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Founders is a real estate sector specialist focused on infill industrial buildings under 300,000 square feet. Hofstede and Lau will partner on current and future fundraising efforts to attract capital to invest in these assets.
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Since joining Founders in 2016, Hofstede has completed over $2 billion in property dispositions and financings. Prior to joining Founders, she was a vice president at Carlson Real Estate Company, where she was involved in acquisitions, dispositions, and asset management. She has over 20 years of real estate investment experience.
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She is a member of the Urban Land Institute, Pension Real Estate Association, the Wisconsin Real Estate Alumni Association, and a past President and current member of the National Association of Industrial and Office Properties Minnesota Chapter. She was recognized by the Minneapolis/St. Paul Business Journal as a 40 under 40 Honoree in 2020.
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Kim earned a Bachelor of Business Administration from the University of Wisconsin – Madison.
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About Founders Properties
Headquartered in Minneapolis, Founders Properties is a privately held real estate investment management company. Founders has been investing in private commercial real estate for 25 years on behalf of high-net-worth and institutional investors. The firm currently manages $1 billion in real estate assets with a focus on industrial properties. For more information, visit www.FoundersProperties.com.
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Media contact:
Martha Nevanen
651-492-5861