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High Rises to Ground-Ups: Kyle Keene on His Journey from NYC to Greenville to Launch His CRE Shop

A.CRE Consulting Podcast

Release Date: 10/01/2024

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Episode 2: High Rises to Ground-Ups: Kyle Keene on His Journey from NYC to Greenville to Launch His CRE Shop In this episode, our hosts, Michael Belasco and Alex Moroz Williams, sit down with Kyle Keene, Founder and Principal of Keene Development Group, for an insightful discussion on real estate development in the Southeast. Kyle shares his journey of transitioning from the New York City construction scene to his hometown of Greenville, South Carolina. He discusses the challenges and successes of managing large-scale projects, including his flagship development, The McDaniel. Key Points...

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Episode 2: High Rises to Ground-Ups: Kyle Keene on His Journey from NYC to Greenville to Launch His CRE Shop

In this episode, our hosts, Michael Belasco and Alex Moroz Williams, sit down with Kyle Keene, Founder and Principal of Keene Development Group, for an insightful discussion on real estate development in the Southeast. Kyle shares his journey of transitioning from the New York City construction scene to his hometown of Greenville, South Carolina. He discusses the challenges and successes of managing large-scale projects, including his flagship development, The McDaniel.

Key Points Covered:

  • Kyle's transition from New York City construction management to launching his development firm in Greenville.
  • The intricacies of site selection, acquisition, and managing construction challenges.
  • Insights into the development of The McDaniel, a 30-unit luxury condo project.
  • Kyle's experience navigating the Greenville market, working with new contractors, and building a reputation for high-end developments.
  • How Kyle leveraged his New York experience to introduce new building techniques and materials, like Indiana limestone facades, to the Greenville market.
  • Plans for future regional growth, including potential projects in Charlotte, Atlanta, and Charleston.

  

Top Takeaways:

  • Transition Challenges: Moving from a large market like New York to a smaller, more niche market requires adapting to new processes and building new relationships.
  • Risk Management: A significant part of project development involves managing risks, especially during the early stages like site work.
  • The First Project is the Hardest: Securing the first development project is the most challenging part, but it opens doors to new opportunities and credibility in the market.
  • Local Market Knowledge: Understanding the local market's unique demands and characteristics is key to delivering a successful development.

  

Related Topics for Further Exploration:

  • Building a high-end real estate development firm in smaller markets.
  • Navigating construction challenges in new markets.
  • Strategies for pre-selling luxury condos and townhomes.
  • Regional real estate development opportunities in the Southeast.

  

Connect with Kyle Keene:

  

Spotlight: Check out The McDaniel, Keene’s 30-unit condo development in Greenville, South Carolina. 

  

Listen now to hear Kyle’s full story, his insights on development in Greenville, and his vision for regional expansion in the Southeast!