Kyle EllisVP Asset Management East Region
Mr. Ellis is a Senior Vice President for Abacus Capital Group, LLC and is responsible for asset management initiatives. Mr. Ellis helped found ACG after serving as the Director of Greystar Manhattan Management and as a Director of Greystar Real Estate Advisors from 2001- 2004.
While at Greystar, Mr. Ellis built a team and implemented the leasing, management and renovation strategy for a $250 million, nine building apartment portfolio in Manhattan. During the initial holding period of these assets, Mr. Ellis’s repositioning strategy increased physical occupancies by 5% and increased individual asset revenues between 5 to 10%. This effort helped to enhance the value of the assets by 20% during the first eighteen months of ownership.
Prior to joining Greystar, Mr. Ellis served as the Vice President of Asset Management for Walden Residential in Dallas, Texas from 1997 – 2001. Mr. Ellis’s duties included managing a portfolio of 20,000 apartment units in the Southeast, Arizona and California. Mr. Ellis was responsible for developing and implementing individual asset strategies, budgeting, reporting, asset repositioning and dispositions. In 1997, Walden Residential acquired Drever Partners where Mr. Ellis was a construction manager and asset manager from 1990 – 1997. Mr. Ellis’s responsibilities at Drever Partners included asset repositioning, strategy implementation, performance monitoring and fund reporting.
Mr. Ellis is a graduate of Miami University of Ohio and has a Bachelor of Science degree in Business Administration.