[citation needed] Over this same period, the company’s valuation increased from $450 million to $6 billion [4] Crate is the CEO of Easterly Government Properties, Inc., a real estate investment trust traded on the New York Stock Exchange that is focused on the acquisition, development and management of Class A commercial properties leased to U.S. Government agencies serving essential functions.

[citation needed] A licensed private pilot since 1993, Crate has more than 6,000 flight hours and has flown his single-engine TBM plane to all of the 48 continental states of AOPA Board Members.

Crate is a member of the advisory council of the Robert F. Kennedy Children's Action Corps (2006), a national leader[peacock prose] in child welfare and juvenile justice programs and services.

[7] In 2019, the RFK Children’s Action Corps honored Crate with its prestigious[peacock prose] "Robert F. Kennedy Embracing the Legacy Award” for his work on behalf of at-risk youth.

Crate also served as a founding board member of Think of Us, a not-for-profit technology platform that helps youth in foster care successfully transition into adulthood.

[citation needed] From 2003 to 2007, Crate served as the chairman of the Massachusetts Republican Party, and a senior advisor to Governor Mitt Romney.