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Peak Capital Increases Construction Completion Financing Peak Capital Group, a real estate investment fund joint-venture, announced today that it is actively pursuing the financing of construction completion projects in metropolitan areas throughout the United States. Peak Capital Group is targeting projects with capital completion of $500,000 to $10 million. Woodland Hills, CA (PRWEB) April 26, 2008 -- Peak Capital Group, a real estate investment fund joint-venture, announced today that it is actively pursuing the financing of construction completion projects in metropolitan areas throughout the United States. Peak Capital Group is targeting projects with capital completion of $500,000 to $10 million.
Peak Capital Group, a leading commercial and residential real estate lender, has experienced considerable growth targeting the niche small-tier real estate development market over the past few years. According to Gil Priel, Managing Partner, "Our strategic plan is to become a leading construction completion lender in the mid-tier development market over the next few years. By partnering with a private investment firm with over $12 billion in capital, we are well positioned to capitalize on this growing market and partner with developers, owners, and investors, needing bridge financing throughout the United States."
In 2008, Peak Capital Group financed a number of commercial development projects in the Southern California area. "Given the tough economic climate in California, we are happy to have been successful in providing capital to our clients over the past few months. We are actively pursuing the financing of commercial projects throughout other major metropolitan areas, and want to enable our clients to continue their growth initiatives, despite an obvious slowdown in the marketplace." said Priel.
Peak Capital Group is a real estate investment fund joint-venture that is committed to providing fast and reliable financing solutions to commercial, residential, and specialty borrowers. Peak Capital Group finances new construction, hotels, office, retail, strip mall, single-family residential, apartment, multi family, condo and conversion, and land development throughout the United States. Peak Capital Group also purchases a wide variety of non-performing first and second priority mortgages secured by single family residential and/or commercial properties. Peak Capital Group is a partnership with a private investment firm having approximately $12 billion in capital.
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