Michael J. Kokes, president of Kokes Properties — Courtesy: Kokes Properties
By Joshua Burd
A third-generation developer has rebranded his firm, highlighting his family’s well-known name in the industry as it seeks a more active role in ground-up construction projects.
The Brielle-based developer, Michael J. Kokes, announced that the firm known as Homestake Capital is now Kokes Properties. He said the move showcases the company’s long-term aspirations, coming five years after its founding, and its evolution from a passive investment vehicle for his family to a full-service real estate firm.
“Assuming a more active role in development projects has become central to the firm’s growth strategy,” said Kokes, the firm’s president, “and rebranding to Kokes Properties is a logical progression that will help our team achieve our business initiatives, and build upon the legacy established by my father and grandfather.”
Prior to founding his business, Kokes worked side-by-side with his father Jan, who led The Kokes Organization for more than 35 years. The company developed more than 21,000 homes throughout New Jersey between 1964 and 2016, building an extensive network of real estate industry connections and relationships that have continued to grow under the younger Kokes’ stewardship.
At Kokes Properties, the third-generation leader continues to develop and own high-quality real estate assets, while staying focused on being a responsible corporate citizen. The firm continues to develop projects launched by Homestake Capital, including The Townhomes at Eden & Main, a 64-unit housing community near downtown Southington, Connecticut.
Eden & Main welcomed its first homebuyers in November, Kokes said, noting that the firm also embraced the town by sponsoring Southington’s 51st Apple Harvest Festival in October 2019, which drew more than 100,000 area residents and visitors.
“We value every relationship, from trade partners and residents, to government officials,” Kokes said. “Our aim is to develop communal relationships that span decades to benefit our children and our children’s children.”