About Us

Middleton Team

Middleton Partners is a Chicago-based private equity firm that invests in real estate and lower middle market operating businesses. We balance the risk and return of every opportunity with extensive due diligence, and our strong investor base allows us to quickly deploy capital as opportunities arise. Middleton is not a fund, and therefore, is not constrained by a fixed investment mandate or time horizon.

Mitchel Greenberg

Keith Jaffee

Peter Holstein

Matt Jaffee

Matt is a Partner at Middleton Partners where he focuses on the operating businesses. Matt is co-founder and executive chairman of the Food Service Exchange (FSX), where he leads the development and execution of the company’s overall vision

Mark Cypert

Mark Cypert brings his broad real estate investment expertise to Middleton Partners, focusing on acquiring, developing, leasing, managing, and repositioning quality properties in targeted markets.

Relationships & Respect

We recognize that value creation is not limited to financial results. In everything we do, we invest not only our capital but also our reputation. We take pride in our integrity and the respect we’ve garnered across long-lasting industry relationships. Please contact us to learn more.

Contact us

Pursuing superior performance by
balancing risk, return & opportunity.

middleton@middletonpartners.net

400 Skokie Blvd, Suite 820
Northbrook, Illinois 60062

Mitchel Greenberg

Mitch Greenberg is an active real estate developer and investor. Mitch began his career as a commercial office broker and over 15 years built a strong practice at the nationally recognized firms Cushman & Wakefield and Grubb & Ellis, where he focused primarily on representing landlords and tenants in the acquisition, disposition and leasing of office properties. With this experience, he transitioned to investment and development activities and founded both ASA Properties and Middleton Partners.

In total, Mitch has more than 30 years of successful real estate and private equity investing. Through Middleton, Mitch both invests and develops in markets throughout the US across a broad range of property types. Key aspects of Mitch’s professional portfolio include successful development of medical office, office and retail projects, together with several million feet of leasing activity. Additionally, Mitch led the capital raising and planning efforts for the creation and development of the Illinois Holocaust Museum & Education Center, where he continues to serve on the Board of Directors.

Keith Jaffee

Keith Jaffee’s career has spanned over 3 decades with a focus on buying and building companies in consumer products and commercial foodservice equipment. He is a hands-on operator focused on process improvement, brand building, and acquisitions that offer value creation through synergy and consolidation.

Keith has had the opportunity to serve as both Chairman of the International Housewares Association (IHA) and the first 2-year President of the North American Food Equipment Manufacturers (NAFEM). The IHA honored him in 2013 with the Humanitarian of the Year award. NAFEM in 2015 honored him with the Lifetime Achievement award. Most recently, he co-founded an equity investment firm, Middleton Partners. In the last 5 years, Middleton has invested $250MM in real estate and operating businesses.

Charity has been an important part of Keith’s life for many years, including active involvement with the Jesse White Foundation, Holy Trinity High School, Lurie’s Children’s Hospital, Clearbrook, and Housewares Charity Foundation.

For the last 8 years, he has been a clinical associate professor at Northwestern University teaching a course in the Master of Product Design and Development Management program. Keith has 3 adult children and he and his wife are looking forward to grandchildren.

Peter Holstein

Peter has been an active real estate investor & developer for more than 25 years. Past projects have included a wide range of speculative development, acquisition and re-development across a broad range of property types. Activities to date include investment, management & development of some 4.5MM square feet of office property, several hundred units of both for sale and rental residential property, as well as investments in and development of projects in the retail, parking, hospitality and data center sectors. In addition, Peter has served multiple terms as a Trustee of two local municipal government boards.

Matt Jaffee

Matt is a Partner at Middleton Partners where he focuses on operating businesses. Matt is co-founder and executive chairman of the Food Service Exchange (FSX), where he leads the development and execution of the company’s overall vision, creates and implements business growth strategies, and oversees high-level corporate decisions. Additionally, he serves on the Board of Directors for O2COOL. Previously, he served on the Board of Directors for Maurice Sporting Goods. Prior to joining Middleton, Matt worked at GCM Grosvenor, an alternative asset management firm. He graduated from The University of Texas at Austin – Red McCombs School of Business in 2015 with a bachelor’s degree of business, with a focus on corporate finance

Mark Cypert

Mark Cypert brings his broad real estate investment expertise to Middleton Partners, focusing on acquiring, developing, leasing, managing, and repositioning quality properties in targeted markets.

During his career, Mr. Cypert has participated in 16.2 million square feet of office, industrial and retail acquisition and development ventures with a total market capitalization of $2.1 billion. Prior to joining Middleton, he was the Chief Investment Officer and Office Division President for Encore Enterprises. Mr. Cypert also previously served as the Managing Director of Cawley Partners where he directed the firm’s commercial real estate investment funds and as Senior Vice President of CRT Properties, a NYSE office REIT, where he oversaw acquisitions and development in the firm’s Southwestern and Mid-Atlantic regions.

Mr. Cypert is a graduate of Texas Tech University and an award-winning Senior Instructor for the CCIM Institute with a specialty focus on commercial property market analysis courses which he teaches globally.