Our Team
Abide Capital Group is a multifamily real estate investment manager, focused on investment strategies that garner outsized returns based on macro-economic trends. We approach each investment by combining a disciplined balance of data analysis and local expertise.
Derrick Hawthorne
Founder, Managing Partner and CEO
Derrick has over 15 years of experience in the real estate industry, spanning asset management, development, and acquisitions. Prior to founding Abide Capital Group, his responsibilities as vice president of asset management and acquisitions at Draper and Kramer focused on leading the asset management department and designing an asset management platform for the Draper and Kramer portfolio of apartment properties. This included the financial management, operations, and strategic direction of existing and newly acquired assets. Additionally, he focused on maximizing value by creating asset strategic plans, analyzing asset budgets, capital expenditures, sourcing and underwriting asset acquisitions, and executing dispositions.
Prior to Draper and Kramer, Derrick helped to lead asset management for Redwood Capital Group and The Habitat Company. He focused on the investment goals and value maximization for a portfolio of assets throughout five metropolitan service areas. He was continually seeking strategic opportunities to refinance, reposition, and acquire new assets.
Derrick received a bachelor’s degree from Michigan State University, an MBA from The University of Chicago Booth School of Business, and holds the Certified Public Accountant (CPA) designation.
Kyle Smith
Managing Partner and CIO
Kyle is responsible for sourcing, winning, and executing business across all service lines, including acquisition, asset management and development, within the Southeast. Before joining Abide, Kyle worked for Stream Realty Partners, leading the company’s life science platform providing development advisory, leasing, and investment sales services for clients nationwide. Prior to Stream, Kyle worked for Sterling Bay, where he closed and managed the development of mixed-use, multifamily, industrial, and life science assets. His primary focus was Sterling Bay’s six billion dollar 60-acre megadevelopment, Lincoln Yards, in one of Chicago’s most affluent neighborhoods, Lincoln Park. Kyle previously held roles with other real estate companies including Heitman, USAA Real Estate, and HFF, which was acquired by JLL.
Prior to his civilian experience, Kyle served as a Lieutenant in the U.S. Air Force at Joint Base McGuire-Dix-Lakehurst near Trenton, New Jersey, before transferring to Robins Air Force Base in Warner Robins, Georgia, as a Captain.
Kyle received a bachelor’s degree from Howard University and an MBA from The University of Chicago Booth School of Business.