What We Buy and Build
Acquisition Criteria
Build for Rent
5+ Acres
Zoned for Residential or MultiFamily
Utility Taps Near Land
Undeveloped or Developed
Portfolio Acquisitions
Built post-1970
Average square footage of 1,200+
3+ bedrooms, 2+ Bathrooms
Will purchase portfolios ranging from 30-300 homes
Recent Success Stories
The Point
Build for Rent Community
Forest Hill, TX

3 Bed
2 Bath

52
Townhomes

1,150
Square Feet
The Point was built in 2019, placed into service in March 2020, and sold to PEAK Housing REIT in Nov 2020. The project leased up over 3 months. Rental rates are now reaching $1,525
Acquired at $9.23M

Springfield 290
Scattered Site Acquisitions
Springfield, MO

2-5
Bedroom Homes

290
Properties

1,570
Avg. Square Feet
This portfolio was stable when purchased by Peak. Our team was able to raise the current rent to the market amount while maintaining steady occupancy rates.
Acquired June 2021 at $49M

Savannah 19
Build for Rent – Acquired
Savannah, GA

3 Bed
2.5 Bath

19
Townhomes

1,750
Square Feet
With an occupancy rate of 82% and pre-lease agreements on the remaining homes, this Savannah, GA buy was a no-brainer for our team.
Acquired Q1 2022 for $4.46M
