Archer Taps Miles Pratt as Managing Director in D.C.
Data-driven real estate investment firm Archer has hired Miles Pratt as Managing Director of Real Estate Acquisitions. In his new role, Pratt is responsible for identifying and pursuing investment opportunities across the United States on behalf of Archer and its clients. He is also responsible for building and maintaining relationships with private and institutional investors.
Pratt, who will be based in Washington D.C., brings 16 years of experience in the commercial real estate industry. During that time, he has been involved in deals worth more than $1 billion across multiple property types including multifamily, retail, office and mixed-use. Prior to joining Archer, Pratt served as principal of Glade Street Capital, an investment firm focused on unique off-market and mid-market opportunities in the Washington D.C. region.
“I’m thrilled to be joining the Archer team,” said Pratt. “The way the company has aggregated data, along with its automated underwriting and asset management tools, allows it to look at hundreds of opportunities each month without having to rely on dozens of analysts and associates. Now is the time to capitalize on real estate tech and data in commercial real estate. It took a little while, but commercial real estate is finally catching up to the rest of the financial sector, and Archer is at the forefront.”