Kyle
Fleit
Managing Director, Acquisitions
Kyle, the Managing Director of Acquisitions at AREP & PowerHouse, is responsible for overseeing a team of colleagues to source, underwrite, finance, and acquire commercial real estate assets across Key markets in the US.
With over 20 years of experience, Kyle has been instrumental in the successful sourcing and closing of over 30 real estate transactions with an aggregate capitalization of approximately $2.0 billion comprising over 9 million SF in AREP’s target markets. Prior to joining AREP, Kyle was an Assistant Vice President at Perseus Realty Capital (PRC) and a Senior Financial Analyst at PRP Real Estate Investors, playing a pivotal role working on a team that invested two discretionary funds totaling $100 million in equity on properties throughout the Mid-Atlantic and completed approximately $1.4 billion in third party debt and equity placements. Before he began his role at PRP/PRC, Kyle was an analyst with Touchstone Partners where he conducted financial due diligence and underwriting on distressed investments, primarily subperforming and nonperforming bonds and loans backed by real estate and other collateral.
As a Carnegie Mellon alumnus, armed with a dual degree in Finance and IT, Kyle’s rewriting the playbook on how to dominate the data center real estate game.