Pilot Investments Boston

Our Team

Fred Kempton, Principal

Fred is Pilot Investments chief investment principal, leading the identification, evaluation and negotiation of new investment opportunities. His primary responsibilities include underwriting properties, structuring investment, developing financing options, and managing investor relations. His experience in understanding market cycles and investment selection, particularly with respect to apartment properties, brings a strategic perspective to Pilot and its investors. Fred also participates with Bill Kasel in facilitating apartment and residential brokerage transactions.

Fred has more than 40 years of commercial real estate experience encompassing apartment, office, industrial and retail properties. From an early background in civil engineering, he entered his real estate career evaluating commercial and industrial properties with Aetna Life & Casualty Insurance Company. Fred went on to a successful commercial brokerage career, first with Algonquin Industrial Realty, and then as a principal of American Commercial Real Estate Company. As co-founder of Pilot, Fred has managed more than $200 million in transactions and value-add real estate acquisitions for Pilot.

Fred holds a Bachelor of Science degree in Civil Engineering from the University of Vermont, and is a Massachusetts licensed real estate broker.

William H. Kasel, Jr., Principal

Bill focuses his efforts on the search, sourcing and analysis of new apartment investment opportunities for Pilot, as well as brokering the sale of apartment properties to other investors. He is especially adept at uncovering and presenting off-market investment opportunities.

Bill began his real estate career in 1986 managing residential apartments in the city of Boston, and subsequently worked as a commercial real estate broker leasing and selling office, industrial and retail properties. He also has a background in the financial services industry, including the financing of residential and commercial real estate properties. Bill graduated from Boston University in 1983 with a BA degree in the Performing Arts, and is an accomplished professional trumpet player in addition to his real estate pursuits. He is a Massachusetts licensed real estate broker. Bill joined Pilot in March, 2014.

Eden Milroy, Principal (Retired)

Eden Milroy served as Pilot’s management and development Principal. He directed Pilot’s operation activities including project development, asset management and administration.

Eden's career of more than forty years included commercial, industrial, and residential development. His residential experience involved planning, development and repositioning of more than twenty-two hundred multi-family units. In his early architecture career with Arrowstreet Inc, a large internationally renowned firm, he was responsible for several major commercial, institutional and residential buildings.

In 1994, Eden founded Pilot Development Partners, Inc. in order to expand his development and investment opportunities. In 1998 he joined forces with partner Fred Kempton to form Pilot to pursue, acquire, invest and manage major residential and commercial investments.

Kathryn Maynes, Business Manager (Retired)

Starting as Pilot’s Office Manager in 2002, Kathryn pivoted toward applying her residential property management expertise; studied managerial finance and capital projects requisitioning; became certified in the first Facilities Management program launched at Wentworth Institute, and continued to extend and expand her professional responsibilities.