Peakline Real Estate Funds (PREF), a private real estate investment firm with $1.7 billion in equity invested, has launched its Peakline Real Estate BTR Fund I.
The fund PREF's entry into the growing build-to-rent (BTR) space.
The fund aims to offer investors a strategic early entrance into a high-demand sector of rental housing via a geographically diversified portfolio of developments in select, supply-constrained markets. Targeting select markets throughout the Southeast, Mountain West and Midwest, the fund will partner with select sponsors with local expertise. The BTR Fund will create purpose-built, single-family rental communities with high-quality shared amenities.
With a focus on in-fill locations in upscale suburban markets, PREF will prioritize investments in areas with strong public school systems, employment hubs, retail and entertainment access and high tenant demand. PREF has already identified multiple projects totaling 1,600-plus units for inves