Peakline Real Estate Funds (PREF), a Chicago-based private real estate investment firm with $1.7 billion equity invested, has rolled out the Peakline Real Estate BTR Fund I, which marks the company’s entry into the build-to-rent (BTR) space.
The new fund will be led by Jason Ross, managing director at PREF, and will target select upscale suburban markets throughout the Southwest, Mountain West, and Midwest. The fund plans to purpose-built, single-family rental communities with high-quality shared amenities. PREF has already identified multiple projects totaling more than 1,600 units for investment.
“We are thrilled to add Build-to-Rent housing to PREF’s portfolio, as our team continues to identify compelling private market opportunities for our investors,” said Michael Miller, co-founder, president, and CEO of PREF. “Coming off the heels of our firm’s renaming, this is an exciting moment to expand PREF’s fund offerings. The real estate market is evolving, and we remain committed to disciplined, strategic investing that delivers smart solutions for our investors.”
