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: $5-15 Million
  • Eligible Property Type: Multi-family, BFR, Student & Manufactured Housing
  • Geographical Focus: Top 100 MSAs
  • Term: 6-24 months with extensions
  • Purpose: Acquisition, Refinance, Light Value Add & Lease-Up
  • Spread: SOFR + 350 to 500

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

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

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

 

Contact Us

Sandor Biderman
Managing Director of Peakhill Capital - US

(703) 868-3173

Scott Croul
Senior Vice President - West Coast

Lorne Morein
Vice President - East Coast

Josh Koperwas
Vice President

(647) 294-8016

Recent Closings

Multi-family  |  Preferred Equity

Tampa, FL

Multi-family  |  Preferred Equity

Tampa, FL

Multi-family  |  Co-GP Equity

Miami, FL

Multi-family  |  Co-GP Equity

Port Chester, NY

Office  |  Co-GP Equity

Irving, TX

Multi-family  |  Co-GP Equity

New York, NY

Sandor Biderman

Managing Director, Peakhill Capital – US

Sandor Biderman is the co-founder and Managing Director of Peakhill Capital’s US High Yield Investment business. With 30 years of industry experience, he holds an extensive track record structuring investments in multi-family, student, manufactured, and build-for-rent housing.

Sandor previously led originations for Walker & Dunlop where he generated over $1B annually in GSE compliant, value-add multi-family mortgages and preferred equity investments for W&D and Blackstone Mortgage Trust. Sandor was also a Managing Director for Wachovia Securities in their Real Estate Investment Banking team, responsible for originating and underwriting real estate structured products, including CMBS, mezzanine and preferred equity products.

Sandor has a BBA in International Finance and Marketing from the University of Miami, Florida.

Scott Croul

Senior Vice President

Scott Croul is a Senior Vice President of Peakhill Capital’s US High Yield Investment business where he sources, structures, and executes multi-family preferred equity investments nationwide. Scott has over 35 years of experience in commercial real estate capitalization and an extensive background in multi-family including 7 years leading the western region at Freddie Mac where he was responsible for over $65B in multi-family capitalizations.

Prior to joining Peakhill, Scott was Managing Director at Veleta Capital Partners specializing in multi-family value-add financing, and was also a Fund Manager at Partners Capital Solutions, a private debt fund specializing in construction and bridge financing with $250M AUM. Further relevant past positions include leadership roles with Orix Real Estate Capital and Manulife Financial Real Estate.

Scott graduated from the University of California, Berkeley with a Bachelor of Science degree in Economics.

Lorne Morein

Vice President

Lorne Morein is a Vice President at Peakhill Capital and is focused on building the firm’s multi-family preferred equity portfolio in the US. Lorne has experience sourcing, underwriting, and closing US preferred equity transactions for multi-family properties, primarily in the US Northeast and the Sunbelt and working with agency, CMBS, bridge and balance sheet lenders.

Prior to joining Peakhill, Lorne was a Vice President at Firm Capital, where he led the company’s US joint venture and preferred equity multi-family investment team and oversaw Canadian single-family and infill construction lending. Lorne also brings over 10 years of experience in corporate and commercial lending, specializing in restructuring and insolvency files, and executing workouts and turnarounds.

Lorne holds an HBA from the Richard Ivey School of Business and a Bachelor of Arts in Philosophy from Western University.