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. multifamily sector with in-house asset management and servicing capabilities.

U.S. Strategies | Peakhill Team

U.S. Capital Markets

Bridge Financing

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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.

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CMBS

For investment sizes of $5-100 million, Peakhill Capital delivers institutional-grade CMBS financing for stabilized, income-producing assets across multifamily, 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.

Life Insurance Capital

For investment sizes of $1-100 million, 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.

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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.

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Real Estate 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 U.S. and Canada, with investment sizes up to $15 million.

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Recent Closings

Chisago Lake Apartments

Multifamily
Chisago City, MN

Multifamily
Tampa, FL

Frances Apartments

Multifamily
Minneapolis, MN

The Yards and Backyards Apartments

Multifamily
South St. Paul, MN

1906 Clinton Ave

Multifamily
Minneapolis, MN

Multifamily
Tampa, FL

Station-Lofts-Portchester_Rendering

Multifamily
Port Chester, NY

Multifamily
Miami, FL

Multifamily
New York, NY

Contact Us

To learn more, please reach out to our team of experts
Harley Gold | Peakhill

Harley Gold

President & CEO, Peakhill Capital

Sandor Biderman

Managing Partner & Co-Founder, Peakhill Capital U.S.

Kip Dunkelberger | Peakhill

Kip Dunkelberger

President, U.S. Capital Markets

Jason Hardy | Peakhill

Jason Hardy

Executive Vice President, U.S. Capital Markets

Adrian Watkins

Vice President, U.S. Capital Markets

Charlie Traeger

Vice President, U.S. Capital Markets

Connor Dahl | Peakhill

Connor Dahl

Vice President, U.S. Capital Markets

Jack Schildkraut

Vice President, U.S. Capital Markets

John Shearrow | Peakhill

John Shearrow

Vice President, U.S. Capital Markets

Madison Rust | Peakhill

Madison Rust

Vice President, U.S. Capital Markets

Michael "Mick" Thorsland

Vice President, U.S. Capital Markets

Peter Hennen | Peakhill

Peter Hennen

Vice President, U.S. Capital Markets

Stu Thomas | Peakhill

Stu Thomas

Vice President, U.S. Capital Markets

Vishal Dutt | Peakhill

Vishal Dutt

Vice President, U.S. Capital Markets

Will Flaa | Peakhill

Will Flaa

Vice President, U.S. Capital Markets

Jacob Gerber | Peakhill

Jacob Gerber

Senior Associate, U.S. Capital Markets

Trevor Anderson | Peakhill

Trevor Anderson

Senior Associate, U.S. Capital Markets

Bryce Dunkelberger | Peakhill

Bryce Dunkelberger

Sales Associate, U.S. Capital Markets

Courtney Dunkelberger

Associate, U.S. Capital Markets

Trigg Johnson | Peakhill

Trigg Johnson

Associate, U.S. Capital Markets

Noah Prokop | Peakhill

Noah Prokop

Analyst, U.S. Capital Markets

Miles Kallial

Vice President, U.S. Capital Markets

Peter Thompson

Vice President, U.S. Capital Markets

Stay informed with our latest insights and updates

Harley Gold

President & CEO, Peakhill Capital

Harley Gold is President & CEO of Peakhill Capital. Harley has closed in excess of $25B in loans in over 5,000 deals over the past 25 years in Canada and the U.S. He has extensive financing experience in all real estate asset types including multi-family, senior housing, retail, industrial, hospitality, and land development. Harley has originated, built CMBS programs, agency and high yield funds.

Prior to founding Peakhill Capital, Harley was the Vice President of Business Development at CMLS Financial for 11 years, where he originated for institutional accounts, including RBC and PHN.  Harley also worked for 6 years at a US mortgage banking firm, and was successful bringing US lenders into the Canadian market.

Harley holds a Master of Business Administration from Canisius College and a Bachelor of Arts in Economics from the University of Toronto. Harley is a founding director and the Chairman of the Board of Lighthouse Credit Union, a new credit union formed in 2022 focused on servicing the Jewish community.

Sandor Biderman

Managing Partner & Co-Founder, Peakhill Capital U.S.

Sandor Biderman is the Managing Partner and Co-Founder of Peakhill Capital’s U.S. High Yield Investment business, where he leads the firm’s U.S. investment strategy focused on commercial real estate credit investments. He also leads the firm’s U.S. origination efforts. Sandor brings over 30 years of experience originating commercial real estate mortgage and preferred equity investments and has closed more than US$10B of commercial real estate loans over the course of his career.

Prior to Peakhill, Sandor served as Chief Production Officer at Walker & Dunlop, where he originated more than $1 billion annually in GSE-compliant, value-add multifamily mortgages and led a joint venture with Blackstone Mortgage Trust. Earlier in his career, Sandor served as a Managing Director at Wachovia Securities within the Real Estate Investment Banking group, where he originated and underwrote structured real estate products including CMBS, mezzanine loans, and preferred equity investments.

Sandor holds a Bachelor of Business Administration in International Finance and Marketing from the University of Miami.

Kip Dunkelberger

President, U.S. Capital Markets

Kip Dunkelberger is President of U.S. Capital Markets at Peakhill Capital U.S., where he leads loan originations, oversees Minnesota operations, and partners with the executive team to expand Peakhill’s national presence. With more than 2 decades of experience in commercial real estate finance, Kip is recognized for his proactive, solutions-driven approach to structuring complex transactions.

Prior to joining Peakhill, Kip began his career in 2001 and joined Venture Commercial Mortgage in 2010, later serving as President. Under his leadership, Venture earned a reputation for integrity, creativity, and exceptional client service before merging with Peakhill Capital U.S. in 2025.

Kip comes from a Business Management background at the University of Northwestern – St. Paul, and he applies a strong understanding of finance, strategy, and leadership to his work in capital markets. Outside of work, Kip enjoys time with his wife and children, golfing, skiing, and exploring new places together.

Jason Hardy

Executive Vice President, U.S. Capital Markets

Jason Hardy is Executive VP of U.S. Capital Markets. Jason’s vast and varied experience makes him a valued addition to the Peakhill Capital U.S. team.

Prior to joining Peakhill, he had worked in commercial real estate for over 20 years and negotiated financing for well over a billion dollars of commercial real estate acquisitions. His clients also benefit from his early career experience as a bank examiner, banking compliance attorney, and tax policy advisor. A highlight from his early career included serving as an advisor to the Minister of Finance of the Kyrgyz Republic.

Jason holds a B.B.A., M.B.A., and J.D. Jason is also a member of the Bar of the Supreme Court of the State of Minnesota. When not closing deals, Jason enjoys reading science fiction, playing golf, and hanging out with his wife and son.

Adrian Watkins

Vice President, U.S. Capital Markets

Adrian Watkins is a Vice President, U.S. Capital Markets at Peakhill Capital based in Dallas, TX. In this role, he originates, structures, and closes senior and subordinate financing opportunities for sponsors and developers across major commercial real estate asset classes nationwide.

Prior to joining Peakhill, Adrian has over 25 years of experience in the real estate capital markets involving debt and equity investments covering all major property types and in all positions of the capital stack. Most recently, Adrian was a Vice President at Trez Capital responsible for originating senior mortgages, construction and bridge loans. Previously, Adrian spent 16 years at Goldman Sachs where he was responsible for sourcing, underwriting and structuring predominantly mezzanine debt and other high-yield investments. Throughout his career, Adrian has invested in excess of $2 billion in capital on commercial real estate assets.

Adrian holds a Master of Science in Real Estate Development (MSRED) from the Massachusetts Institute of Technology and a Bachelor of Commerce (BCom), Urban Land Economics, degree from the University of British Columbia.

Charlie Traeger

Vice President, U.S. Capital Markets

Charlie Traeger is a Vice President, U.S. Capital Markets, and is a seasoned finance professional with over 20 years of experience in the real estate industry. Charlie brings a deep understanding of both debt and equity markets, and he’s known for his client-first approach—always focused on aligning financing strategies with each client’s unique goals.

Prior to joining Peakhill, he held key roles including Owner, CPA, CFO, and Commercial Mortgage Broker.

He holds a Bachelor of Science in Accounting from Bemidji State University. Outside of work, Charlie enjoys playing golf, cooking, and spending quality time with his wife Jen, their 2 children, Will and Emma, and their dog, Kenzie.

Connor Dahl

Vice President, U.S. Capital Markets

Connor Dahl is a Vice President, U.S. Capital Markets at Peakhill Capital and is responsible for originating, structuring and closing financing opportunities throughout the United States. Connor is involved in Commercial Real Estate originations focusing on bridge lending and preferred equity. 

Prior to joining Peakhill Capital, Connor spent several years in multi-family finance, underwriting billions of dollars in deals across the U.S. During this time, he worked at Arbor Realty Trust and Greystone, where he specialized in structuring complex debt solutions for acquisition, refinance, lease-up, and new construction transactions. This background enables him to provide strategic financing solutions with a focus on maximizing leverage and structuring flexible terms to meet sponsors’ needs. 

Connor holds a Bachelor’s degree in Economics from the University of Colorado Boulder.   

Jack Schildkraut

Vice President, U.S. Capital Markets

Jack Schildkraut is a Vice President, U.S. Capital Markets at Peakhill Capital, focused on sourcing and executing financing opportunities across the United States, with a particular focus on the Texas markets.

Prior to joining Peakhill, Jack served as Vice President of Origination at BEB Capital, where he structured bridge loans across industrial, multifamily, and retail assets nationwide. He also served as the first Originator at Atlas Invest, where he helped scale the firm’s origination platform into a nationwide lending operation.

Jack attended the University of Delaware, where he majored in Economics. 

John Shearrow

Vice President, U.S. Capital Markets

John Shearrow is a Vice President, U.S. Capital Markets at Peakhill Capital and is responsible for originating, structuring, and closing financing opportunities throughout the United States.

Prior to joining Peakhilll, John was a Vice President at Sundance Bay originating private lending debt and equity solutions for acquisitions, refinance, and new construction across all asset types. John has extensive experience across various lending types, having worked for traditional banks, CMBS lenders, and life companies.

John holds a BBA degree from University of Georgia and a MBA from Georgia State University.

Madison Rust

Vice President, U.S. Capital Markets

Madison Rust is Vice President on Peakhill Capital’s U.S. Capital Markets team, where she is responsible for placing debt and equity for commercial real estate owners nationwide. She also supports the origination of U.S. debt and equity investments for the firm.

Prior to joining Peakhill, Madison served as Senior Associate at Civitas Capital where she sourced, underwrote, and structured multifamily acquisition and credit opportunities. She began her career at CBRE, underwriting and valuing a range of asset classes including multifamily, retail, master-planned communities, and self-storage facilities. Over the course of her career, Madison has executed more than $1.5B in transactions, representing over 9,000 multifamily units.

Madison graduated Magna Cum Laude with a Bachelor of Science from The University of Texas at Dallas. Outside of work, she enjoys cheering on the Dallas Stars and staying active through tennis, hockey, yoga, and hiking.

Mick Thorsland

Vice President, U.S. Capital Markets

Mick Thorsland is a Vice President, U.S. Capital Markets at Peakhill Capital U.S. After nearly 20 years of success in the commercial mortgage banking industry, Mick’s entrepreneurial spirit compelled him to open Venture Commercial Mortgage in 1990. Today, the firm remains one of the most successful and highly respected commercial real estate mortgage companies in the Upper Midwest by combining the creativity and flexibility of an independent firm with the financial resources of major national lenders.

Described by clients and employees as a hard-working entrepreneur with integrity, character and honesty, Mick’s journey to success is inspirational. Over 35 years later, Mick’s skill, professionalism, leadership, and success still energize and motivate the team.

When off duty, Mick enjoys being with his 3 daughters and their families. He is also an avid golfer and enjoys attending or watching sporting events. He also enjoys traveling and has taken several trips with his late wife to destinations like Alaska, the Baltic Sea, several European countries, Hawaii, Australia, New Zealand, Mexico, Panama Canal and Tahiti.

Peter Hennen

Vice President, U.S. Capital Markets

Peter Hennen is a Vice President, U.S. Capital Markets. He is known as the very model of responsibility in financing and possesses a wealth of experience.

His career started back in the early 1980’s originating public bond financing for the cities of Minneapolis and St. Paul, selling tax shelter investments through local broker/dealers.  Later in 1983, as a commercial mortgage banker for Rothschild Financial Corporation, he originated loans for correspondent life insurance companies and institutional lenders. Peter’s extensive background in underwriting all facets of CRE properties has served his clients well.  He is known among his clients and peers as a trustworthy professional who can get the job done. Peter has been with Venture Commercial Mortgage since 1994, all the while helping his clients to build wealth and reach their financial objectives.

Peter holds a MA Degree in Urban Studies & Real Estate Finance from Minnesota State University, Mankato MN. Peter’s interests include golf, motorcycling, mountain climbing, and playing guitar.

Stu Thomas

Vice President, U.S. Capital Markets

Stu Thomas is a Vice President, U.S. Capital Markets at Peakhill Capital and is responsible for originating, structuring and closing financing opportunities throughout the United States.

Prior to joining Peakhill, Stu was a Vice President at Colliers Mortgage where he assisted clients nationwide in structuring and arranging debt and equity solutions for acquisition, refinance, lease-up, and new construction transactions across all commercial asset classes. Previously, he led commercial real estate originations for several large financial institutions in the Mid-Atlantic and oversaw acquisitions for a Nashville based multifamily developer. Stu brings over 15 years of commercial real estate experience to the role and has underwritten and closed over $2B in financing transactions throughout his career.

Stu holds a bachelor’s degree from Washington College.

Vishal Dutt

Vice President, U.S. Capital Markets

Vishal Dutt is a Vice President, U.S. Capital Markets, Vishal comes from a background of over 15 years of experience in commercial real estate finance and structuring of deals. Vishal is responsible for debt and equity origination for all property types, including commercial, industrial, multifamily, student and senior’s housing, hospitality and self-storage. His expertise includes advising, negotiating, structuring, underwriting, and originating capital for commercial real estate projects via a wide array of capital sources. Vishal is solutions-driven and prides himself on listening to his clients’ goals to fully understand the project at hand.

In his free time, Vishal loves to play tennis, pickleball, watch movies, read fiction books, go to local restaurants with his wife and his friends. Vishal has 2 adult daughters and is enjoying being an empty nester.

Will Flaa

Vice President, U.S. Capital Markets

Will is a Vice President, U.S. Capital Markets at Peakhill Capital, where he is responsible for originating, structuring, and closing financing opportunities across the United States.

Previously, he served as Chief Lending Officer at Red Oak Capital, overseeing front-end origination and managing the loan closing process. Prior to Red Oak, Will was Senior Vice President and Investment Officer at Encore Enterprises, Inc., headquartered in Dallas, Texas. In this role, he directed the day-to-day operations of the firm’s debt placement platform and managed institutional and high-net-worth capital relationships.

Earlier in his career, Will held senior leadership positions as Managing Director at Cantor Fitzgerald and Regional Director at Goldman Sachs Commercial Mortgage Capital. During his tenure with both firms, he was responsible for managing borrower and mortgage banking relationships, leading loan origination and underwriting efforts, and overseeing all aspects of the loan closing process.

Will graduated from the University of North Texas with a degree in Real Estate and Finance.

Jacob Gerber

Senior Associate, U.S. Capital Markets

Jacob Gerber is a Senior Associate on Peakhill’s U.S. Capital Markets team, where he originates and structures debt and equity financing solutions for real estate investors and developers nationwide. Jacob works across a variety of commercial property types with an emphasis on multifamily assets. Drawing on his own experience as a multifamily owner and operator since 2008, Jacob brings a uniquely hands-on perspective to understanding client needs and delivering tailored capital solutions.

After beginning his career in commercial photography, Jacob pivoted to commercial real estate, an industry he was already familiar with as a multifamily investor and owner. Prior to joining Peakhill, Jacob served as an Analyst and Loan Originator at Capstone Commercial Financial, focused on commercial real estate financing across the country.

Jacob holds a Bachelor’s degree in Media and Theatre Arts from Montana State University in Bozeman, Montana. A born-and-raised Saint Paul native, outside of work, he enjoys raising his two young children and developing his off-grid lakefront property in far northern Minnesota, accessible only by boat on the edge of the Boundary Waters.

Trevor Anderson

Senior Associate, U.S. Capital Markets

Trevor Anderson is a Senior Associate, U.S. Capital Markets at Peakhill Capital U.S., where he delivers customized real estate debt financing solutions for developers, investors, and private companies in all asset classes. His expertise spans underwriting, market research, preparing investment packages, and mortgage origination.

Prior to joining Peakhill, Trevor worked at MidCountry Bank, managing nearly $100M in commercial real estate loans, with additional oversight of a second portfolio totaling $120M. Earlier in his career, Trevor was a Certified General Appraiser at Diversified Real Estate Services, Inc., where he earned his MAI designation after completing more than 200 appraisal reports across diverse property types. While at Diversified Real Estate Services he was also a Partner and Primary Broker at Diversified Acquisitions, Inc. focusing on CRE brokerage in the Twin Cities market. In addition, Trevor serves as an Adjunct Professor at the University of Wisconsin–Stout, where he teaches Real Estate Appraisal and helps upper-level students connect appraisal theory with practical applications in real estate underwriting.

Along with his MAI designation, Trevor holds a Bachelor’s degree from the University of Wisconsin–Stout.

Bryce Dunkelberger

Sales Associate, U.S. Capital Markets

Bryce Dunkelberger is a Sales Associate, U.S. Capital Markets at Peakhill Capital, where he supports the origination and execution of commercial real estate debt financing solutions for investors and developers across multiple asset classes. His responsibilities include underwriting active transactions, analyzing property financials and market conditions, preparing lender presentation materials, and assisting in the structuring and placement of financing opportunities. Bryce also focuses on developing new client relationships and expanding Peakhill’s presence throughout the Midwest market.

Prior to joining Peakhill, Bryce gained experience in commercial real estate brokerage and capital markets through roles at Matthews Real Estate Investment Services and Venture Commercial Mortgage. In these positions, he developed expertise in prospecting, market research, client outreach, and investment analysis, while gaining exposure to the full transaction process from lead generation through deal execution.

Bryce also has experience in real estate operations and property management, overseeing maintenance and day-to-day operations for multifamily properties in the Twin Cities area.

Bryce graduated from the University of St. Thomas with a double major in Real Estate Studies and Finance.

Courtney Dunkelberger

Associate, U.S. Capital Markets

Courtney Dunkelberger is an Analyst at Peakhill Capital, U.S., where she supports the origination team through financial analysis, financial modeling, and transaction execution. She assists in evaluating financing opportunities and helps facilitate the closing process for commercial real estate debt transactions across the United States.

Prior to joining Peakhill Capital, Courtney worked in real estate development, where she was involved in underwriting, lease-up, and construction activities for market-rate multifamily developments. This experience provided her with a strong foundation in both the financial and operational aspects of commercial real estate.

Courtney holds a Bachelor of Science in Real Estate Studies and Financial Management from the University of St. Thomas in St. Paul, Minnesota.

Trigg Johnson

Associate, U.S. Capital Markets

Trigg Johnson is an Associate, U.S. Capital Markets at Peakhill Capital, where he supports the origination and execution of commercial real estate debt financing solutions for investors and developers across a variety of asset classes. His responsibilities include underwriting transactions, analyzing property financials and market conditions, preparing lender presentation materials, and assisting in the structuring and placement of financing opportunities.

Prior to joining Peakhill, Trigg gained experience in data analytics and consumer engagement with the University of Missouri Athletics Department. In this role, he supported marketing initiatives, fan engagement strategies, and consumer outreach efforts while assisting with gameday operations. He also helped lead and coordinate a team of 23 interns, contributing to event planning and fan engagement programs.

Trigg holds a Bachelor of Science in Business Administration with an emphasis in Marketing from the University of Missouri–Columbia and a certificate in Corporate Finance. While at Missouri, he served as a captain of the Mizzou Ice Hockey team.

 

Noah Prokop

Analyst, U.S. Capital Markets

Noah Prokop is an Analyst on the U.S. Capital Markets team at Peakhill Capital, where Noah supports the execution of complex debt placements and financing transactions. In this role, Noah works closely with Vice Presidents and Senior Associates to underwrite deals, prepare financial analyses, and develop comprehensive transaction materials. Noah also collaborates with a broad network of lenders and capital partners, helping to source and structure financing solutions while ensuring efficient deal execution across a range of asset classes.

Prior to joining Peakhill, Noah was an Asset Management Analyst at Wolf Royalties, a mineral rights and royalties acquisition firm focused on the oil and gas sector. In this role, Noah built and maintained detailed financial models to forecast cash flows and evaluate acquisition opportunities, contributing to strategic investment decisions. In addition to finance experience, Noah brings a unique performance-driven background as a professional hockey player, having competed in the Detroit Red Wings and Philadelphia Flyers organizations at the minor league level. 

Noah earned a Bachelor of Arts in Business Economics from Colorado College, graduating with distinction while competing in NCAA Division I hockey, where Noah was a four-time All-Conference Academic honoree. Noah later continued NCAA competition at the University of St. Thomas for a fifth year of eligibility while beginning to pursue a Master of Business Administration (MBA), where Noah was also recognized as an All-Conference Academic honoree

Miles Kallial

Vice President, U.S. Capital Markets

Miles Kallial is Vice President, U.S. Capital Markets at Peakhill Capital in Dallas, Texas, where he originates and structures debt and equity financing solutions for commercial real estate owners and developers nationwide. His primary focus is industrial and multifamily assets, and he also has experience across self-storage, retail, office, mixed-use, and development projects.

Prior to joining Peakhill, Miles served as Vice President, Capital Markets at BMC Capital, where he originated and executed financing solutions for commercial real estate investors nationwide. Prior to focusing on capital markets, he built a foundation in commercial real estate brokerage, gaining experience across debt placement, structured finance, acquisitions, dispositions, leasing, development, and alternative capital solutions, including CPACE financing. Over the course of his career, Miles has advised on and executed more than $1.5 billion in commercial real estate transactions across a variety of asset classes and capital structures.

Miles earned a Bachelor of Science in Business Administration from the University of Missouri with concentrations in Finance and Real Estate & Capital Markets. He is a licensed Real Estate Broker in the State of Missouri.

Peter Thompson

Vice President, U.S. Debt Origination

Peter is a commercial real estate loan originator at Peakhill Capital, specializing in providing optimal financing solutions to CRE owner-operators through a broad lending platform across construction, bridge, and perm financing. In addition to Peakhill Capital’s internal, proprietary bridge loan program, with particular focus upon multifamily properties, its diverse perm financing includes Agency, CMBS, life company, and balance sheet lending for most types of CRE properties. 

Peter has been in the CRE lending business for over 20 years, spanning origination, underwriting, and deal structuring. As background, Peter has demonstrated large-scale CRE origination efforts, contributing to lending portfolio and capital markets loan growth by a few billion during prior tenures with commercial banks and loan securitization groups. He brings extensive CRE lending experience that will help clients who require tailored loan structures and execution certainty, starting with understanding the client’s plans and deal background, along with thorough discussions about the deal, which would lead to quote and term sheet issuance. He ensures an expeditious loan underwriting process by working carefully with management and credit teams, resulting in deal approvals and smooth closings.

Peter’s primary goals are to continuously provide the most competitive financing available, offering “1-stop shop” lending options to create a satisfying client experience, as he builds strong relationships.

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JUST RELEASED—Peakhill Municipal Incentives Guide: 2026 Quebec Edition

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JUST RELEASED—Peakhill Municipal Incentives Guide: 2026 Quebec Edition

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