U.S. Strategies

Our Offerings

Peakhill’s strength lies in our proven ability to meet and exceed our clients’ expectations by providing customized and simplified solutions for multifamily sponsors. We take a bespoke approach to deal structuring and customize our financial offerings to align with sponsors’ business plans. Peakhill is a vertically integrated investor focused on the U.S. multi-family sector with in-house asset management and servicing capabilities.

U.S. Bridge Financing

Investment Size: $5-20 Million

Eligible Property Type: Multi-family, BFR, Student & Manufactured Housing
Geographical Focus: Top 100 MSAs
Term: 6-36 months with extensions
Purpose: Acquisition, Refinance, Light Value Add & Lease-Up
Spread: SOFR 300+

U.S. Preferred Equity

Investment Size: $5-20 Million

Eligible Property Type: Multi-family, BFR, Student & Manufactured Housing
Geographical Focus: Top 50 MSAs
Term: 5-10 years
Purpose: Acquisition, Refinance, Light Value Add
Rates: 13-16%

Co-GP Equity

Investment Size: Up to $15 Million

Eligible Property Type: All property types considered, with an emphasis on multi-family, mixed-use, and industrial
Geographical Focus: Key cities in the U.S. and Canada
Investment Period: Flexible
Investment Structure: Co-GP Equity or Priority Equity

Capital Markets

Investment Size: XXX

Eligible Property Type: Multi-family, Industrial, Office, Retail, Storage, Hospitality, Senior Housing, Investment/Owner Occupied
Geographical Focus: U.S. – Minnesota
Capital Sources: Life Insurance Companies, Agency, Banks/Credit Unions, CMBS

Bridge Financing

For investment sizes of $5-20 million, our bridge financing solutions offer flexible, short-term capital to support acquisitions, refinances, lease-ups, and light value-add strategies across multifamily and specialty housing assets nationwide. With competitive structures and a seasoned team, we help investors seamlessly transition properties toward long-term success.

Preferred Equity

For investment sizes of $5-20 million, our team combines extensive market experience and hands-on expertise to structure preferred equity solutions that provide flexible capital, enabling investors to grow, reposition, and optimize multifamily and specialty housing assets across key U.S. markets.

Commercial Mortgage-Backed Securities

For investment sizes of $5-50 million, Peakhill Capital delivers institutional-grade CMBS financing for stabilized, income-producing assets across multi-family, office, retail, and industrial sectors. We offer long-term, fixed-rate, non-recourse loans with competitive pricing and enhanced leverage to meet your capital needs.

Co-GP Equity

Peakhill Equity Partners (“Peakhill”) is an opportunistic equity platform focused on Co-General Partner (“Co-GP”) and Priority Equity investments in ground-up and value-add real estate projects in the United States and Canada, with investment sizes up to $15 million.

Capital Markets

Our Capital Markets team sources trusted and customized debt and equity solutions across the full capital stack. By combining deep industry expertise with a broad network of lenders and investors, we craft creative strategies that align with each client’s goals.

Investment Process

Initial Screen

Initial assessment focuses on the following:
- Location – physical address and surrounding market area
- Sponsorship – experience and presence in the market
To the extent those areas are acceptable, Peakhill looks for the following information to provide a soft quote:
- Sales broker package and sponsorship offering memo (when available)
- Sponsor pro forma – preferably in Excel format
- Sponsor business plan – to include detail of proposed major capital expenditures and any required reserves
- Trailing 12-month financials – in Excel format on a monthly basis

Term Sheet

Once Soft Quote is accepted, within five business days, Peakhill’s internal credit committee will review the transaction and its terms for approval.
- The goal of this review is to increase clarity on deal points to ensure we provide a term sheet that matches the circumstances of the deal and prevents any re-trading.
Assuming no outlying concerns on the deal, a detailed term sheet will be provided that includes deal economics and governance provisions.

Underwriting

To proceed to the Underwriting stage, Peakhill must collect a signed term sheet and underwriting deposit (covering legal fees, third party reports and travel expenses)
This process will include a physical site inspection by Peakhill to assess the quality and evaluate the business plan, background check on the Sponsor, property due diligence (include checklist), complete legal due diligence and documentation (Peakhill uses industry standard preferred equity documents that have been vetted and approved by Agency Lenders).

Initial Screen

Initial assessment focuses on the following:
- Location – physical address and surrounding market area
- Sponsorship – experience and presence in the market
To the extent those areas are acceptable, Peakhill looks for the following information to provide a soft quote:
- Sales broker package and sponsorship offering memo (when available)
- Sponsor pro forma – preferably in Excel format
- Sponsor business plan – to include detail of proposed major capital expenditures and any required reserves
- Proposed Sources and Uses – should include details of the senior loan terms
- Trailing 12-month financials – in Excel format on a monthly basis

Term Sheet

Once Soft Quote is accepted, within five business days, Peakhill’s internal credit committee will review the transaction and its terms for approval.
- The goal of this review is to increase clarity on deal points to ensure we provide a term sheet that matches the circumstances of the deal and prevents any re-trading.
Assuming no outlying concerns on the deal, a detailed term sheet will be provided that includes deal economics and governance provisions.

Underwriting

To proceed to the Underwriting stage, Peakhill must collect a signed term sheet and underwriting deposit (covering legal fees, third party reports and travel expenses)
This process will include a physical site inspection by Peakhill to assess the quality and evaluate the business plan, background check on the Sponsor, property due diligence (include checklist), complete legal due diligence and documentation (Peakhill uses industry standard preferred equity documents that have been vetted and approved by Agency Lenders).

Capital Sources

Life Insurance Companies

Life insurance companies invest in commercial real estate for long-term growth, generally due to the length of their policies and their desire to have sufficient capital available when payouts are due (often decades from the onset of the policy). Because of their long-term view of capital, life companies are most favorable for investors looking to lock in low rates for many years, those who want to know their debt service for the next decade (or longer!) without fluctuation, and those who want local loan servicing without the hassle of dealing with multiple parties after closing. Life companies can be relatively conservative lenders, and typically prefer loans 75% LTV or less.

Benefits

Inexpensive, long-term debt
Fully amortizing, non-recourse and limited recourse structures available

Loan: $1 - 10 M

Term: 3 - 20 Years

Amortization: 25 Years

Loan: $1 - 6 M

Term: 5 - 15 Years

Amortization: 20 Years

Loan: $2 - 25 M

Term: 5 - 25 Years

Amortization: 25 Years

Loan: $1 - 14 M

Term: 10 - 20 Years

Amortization: 20 Years

Loan: $2 - 30 M

Term: 2 - 30 Years

Amortization: 25 Years

Loan: $500 K - 6 M

Term: 5 - 15 Years

Amortization: 20 Years

Loan: $2 - 20 M

Term: 5 - 20 Years

Amortization: 25 Years

Loan: $3.5 - 14 M

Term: 5 - 20 Years

Amortization: 30 Years

Loan: $5 - 50 M

Term: 5 - 15 Years

Amortization: 25 Years

Loan: $12 - 350 M

Term: 5 - 30 Years

Amortization: 30 Years

Loan: $10 - 50 M

Term: 5 - 25 Years

Amortization: 25 Years

Loan: $500 K - 7 M

Term: 3 - 25 Years

Amortization: 25 Years

Loan: $2 - 15 M

Term: 5 - 25 Years

Amortization: 25 Years

Loan: $1 - 5 M

Term: 5 - 20 Years

Amortization: 25 Years

Loan: $5 - 100 M

Term: 10 - 30 Years

Amortization: 30 Years

Loan: $2 - 40 M

Term: 3 - 15 Years

Amortization: 30 Years

Loan: $1 - 4 M

Term: 10 - 20 Years

Amortization: 25 Years

Loan: $1 - 10 M

Term: 10 - 25 Years

Amortization: 25 Years

Agency

Fannie Mae and Freddie Mac are government-affiliated agencies that insure loans against default by issuing government bonds.

Interest Rates

Benefits

Exclusively for multifamily properties
Loans are nonrecourse, have long-term fixed rates, and up to 30 year amortization

Banks / Credit Unions

Banks and Credit Unions are useful for many borrowers. Banks seek to recoup as much of their investment as possible in a timely manner, causing them to offer shorter terms for borrowers who prefer flexibility. These short terms can be useful for investors who plan to sell in 3-5 years, or foresee an event that could impact the value of their property in the next few years.

Bank Profiles

An additional consideration to understand is that depending on the assets of the bank, they are regulated on how large a given loan can be. The closer the loan amount is to their regulated limit, the more likely they will need to find another bank to participate with them.

Understanding Each Bank’s Process

We understand each banks’ and credit unions’ origination and due diligence process and assist clients with negotiation, loan approval and closing.

Advantages

Prepayment flexibility
75%-80% loan-to-value is considered
Offer ground-up construction loans

CMBS

Commercial Mortgage Backed Securities (CMBS) loans are underwritten and funded by a qualified conduit lender, then sold to a trust. CMBS loans offer borrowers the opportunity to lock in rates for extended terms, typically 10 years.

Lending Metrics

CMBS loans are appealing because they can be aggressive on all of the lending metrics: high leverage, long amortization, long-term fixed rates, and non-recourse.