Aaron Krage

Aaron Krage is a Vice President at TriGate Capital, LLC, a Dallas-based real estate investment manager founded in 2007 that specializes in the recapitalization and repositioning of commercial real estate assets and companies. In his role, Krage supports the implementation of investment business plans for existing portfolio investments, overseeing leasing, capital improvements, dispositions, and asset management across all property types. He also plays a key role in underwriting new acquisitions for the firm.

Prior to joining TriGate, Krage served as a Senior Analyst with NAI Global's capital markets team, where he was involved in the disposition of more than $240 million of commercial real estate and non-performing loans. During that tenure, he was responsible for the underwriting and disposition of commercial properties across all asset classes in over 30 different markets throughout the United States, gaining broad exposure to diverse real estate sectors and geographies.

Krage holds a B.B.A. in Finance from the McCombs School of Business at the University of Texas at Austin, where he was a member of the Business Honors Program. During his time at UT Austin, he also served as an analyst and fund manager for the McCombs REIT Fund, providing early hands-on experience in real estate investment analysis and portfolio management.

TriGate Capital, where Krage operates, pursues a value-oriented real estate investment strategy centered on recapitalization and repositioning of quality commercial real estate assets and companies. Key elements of the firm's investment approach include:

• Asset Types: All commercial property types, with a focus on retail, residential, industrial/flex, office, and mixed-use developments
• Geographic Focus: High-growth Sunbelt markets across the United States, including Dallas-Fort Worth, Houston, Tampa, Jacksonville, New Orleans, Baton Rouge, Phoenix, Nashville, and Atlanta
• Strategy: Acquiring distressed or underperforming assets and portfolios of real estate loans, recapitalizing properties, and executing repositioning plans to drive value creation
• Capital Deployment: Typically $5M to $30M per investment, with capacity for larger transactions
• Market Opportunity: Targets situations arising from dislocations in capital markets, particularly those caused by interest rate volatility and broader economic shifts
• Fund Structure: Four fully invested prior funds (Fund I through IV); currently raising Fund V (TriGate Property Partners V) targeting $700M