Since joining George Comfort & Sons, Inc. in 2006, Karl Mittermayr has gained exposure to a variety of roles. He has previously served as a Leasing Agent, Property Manager, & Asset Manager. In his current role as Vice President and the Head of Acquisitions, Karl is primarily responsible for sourcing new opportunities in the New York City and Tristate area. Additionally, he works in an Asset Management capacity for select existing assets and also oversees some of the firm’s ongoing development projects.
Karl actively guides the complete acquisition process, from the initial targeting of a potential asset, throughout the due diligence period, during the capital alignment process, and ultimately through the creation of pre and post-closing business plan contributions. To date at George Comfort & Sons, he’s been involved in the acquisition of over $3 billion of real estate totaling 9 million SF. Through his experience, Karl has developed an expertise in analyzing acquisition scenarios, anticipating potential outcomes, and addressing risk proactively, with a focus on imaginative problem solving and value creation.
Originally from from St. Petersburg, FL, Karl holds a B.A. in Finance from Florida State University. During his time in college, he supplemented his finance studies by working at a small residential property management firm, which ultimately inspired his advancement to more complex real estate transactions.
Karl is a member of REBNY and the Urban Land Institute. He and his wife live on Manhattan’s Upper West Side. As a former president/team captain for the FSU sailing team, Karl still enjoys to sail and competes several times a year. He also ran three NY marathons and loves to travel when time allows.