OUR TEAM
KEN TEMPLETON
PRESIDENT
For nearly 40 years, Ken Templeton has developed numerous residential, multi-family, industrial and commercial projects. His experience includes the development and construction of senior living communities, single-family home subdivisions, high end custom homes, condominium projects, large retail centers, commercial office buildings, casinos and one of the largest industrial parks in Southern Nevada.
Ken’s experience and reputation for developing senior living communities is unmatched. He created Carefree Senior Living which develops and operates extraordinary, independent senior housing communities that provide a vibrant atmosphere for seniors to live; where their dignity, health and happiness are key. Since 1993 Carefree has built and operated 11 communities throughout the Las Vegas and Sacramento areas, serving over 24,555 residents. The company is considered one of the largest developers of market rate senior apartment communities in the western United States. Ken has a 34-year development history of building over 3,000 units.
All Templeton development projects feature superior design and excellent quality construction.
Construction quality is one of the company’s primary focuses, as well as creating projects with unique architectural design and extensive landscape elements that beautify and enhance each neighborhood.
Aside from Ken’s development expertise, Ken had the distinction of being Chairman of the Board for three different Las Vegas business banks from 1983 to 2010. In his capacity as Chairman of the Board, he was directly responsible for the approval of more than 6.75 billion dollars of business loans.
He was one of the founders of Integrated Financial Associates, Inc. which funded more than $416 million in hard money land loans.
In 1997, Ken was licensed as the sole owner of Templeton Gaming Corporation, a slot route operator with locations in Las Vegas, Henderson and Clark County. Templeton Gaming Corporation also operated The Mystic Lodge Casino in Henderson, Nevada which was acquired in 2008 and later sold in 2015.
Ken is the President of Ken Templeton Realty & Investment, Inc., a full-service real estate and property management company which was began operations in 1982.
In 1986 Ken opened Rainbow Drug, the largest independent retail drug store in Nevada. Rainbow Drug was sold to Longs Drug in 1997.
As a majority owner, Ken opened Rainbow Medical in 1994, which was Nevada’s largest capitation pharmacy and infusion company. In 1997, Rainbow Medical was sold to a national company, Resource Pharmacy. In 2001 Ken and the former manager of Resource Pharmacy opened Spectrum Pharmacy, to create a new pharmacy and infusion company to do business in Nevada. Spectrum Pharmacy was the largest institutional pharmacy business in Nevada, prior to its sale in 2010.
An active community leader, Ken Templeton has been a distinguished member of the American Seniors Housing Association (ASHA), National Council on Senior Housing (NCOSH), Southern Nevada Homebuilders Association (SNHBA) Ken is the past Chairman of the Board of City Center Development Corp, the redevelopment subsidiary for the City of Las Vegas. Other organizations that Ken has been involved with include the Boys & Girls Club, Nevada Heart Association, National Association of Realtors, Boy Scouts and Project Sunshine. Ken was appointed by the Governor to Nevada’s Advisory Committee on Problem Gambling and served as Chairman of the Board of the Problem Gambling Center, a non-profit agency dedicated to the treatment of gaming addiction. He was also one of the founding board members of the Nevada Homeless Alliance.
KRIS TEMPLETON
EXECUTIVE VICE PRESIDENT
Kris Templeton is the Executive Vice President of Templeton Development Corporation (TDC), where he oversees all operations for real estate and development.
Kris is at the forefront of land acquisitions, entitlements, development, construction, sales and marketing. Driven by a passion for innovation and a commitment to excellence, he brings with him a wealth of experience and has acquired a cross-functional acumen that has been instrumental in navigating the intricate processes that go into engineering, planning, entitlements, architectural design and construction of our design-driven homes and developments.
Under his leadership, TDC launched its most recent flagship project – The Estates at Lone Mountain which successfully re-established TDC’s standing as a premier land developer and homebuilder in Southern Nevada and steered TDC towards sustained growth and innovation. He and his team offer unsurpassed insight into real estate ownership, development, and management opportunities
Kris is a second-generation real estate professional honed by a multitude of work experiences. His career started at the tender age of 10 when he started working various jobs at the family-owned Carefree Senior Living Apartments. While in high school, he embarked on his own business venture, KLT Palm and Tree Maintenance, which he managed and operated throughout his college years. These experiences became the building blocks of his career and lay the foundation for his grass roots approach to life and business.
After college, he re-joined Ken Templeton Realty & Investment Inc in 2006 as Leasing Agent and quickly expanded his role across the organization. In 2014, he was appointed as Vice President of Asset Management, where he managed the development, marketing, sale and disposition of a portfolio of properties across 10 states valued at over $500 million.
In addition to his current role as Executive Vice President, Kris holds key management roles and/or partnership interests in several subsidiaries and affiliates of TDC. He is also actively involved in the ownership of real estate, MLPs, private equity, and other investments.
