PROVO, Utah (May 17, 2016) – Peak Capital Partners, a Utah-based apartment investment and management company, announced it recently acquired Meadow Glen, a 170-unit apartment community in Sacramento, Calif.

“Meadow Glen is just minutes to schools, shopping, medical facilities and major employers,” said Chris Manning, a managing director at Peak. “This is the first apartment community Peak has acquired in the Sacramento area. We look forward to expanding in this vibrant city.”

Meadow Glen is close to several amenities including the Sam and Bonnie Pannell Community Center, which is a one-minute walk from the property and offers meeting rooms, a dance room, fitness center and exercise classes, computer room, teen programs, basketball courts, and a swimming pool. The community is 15 minutes from downtown Sacramento.

Meadow Glen was developed with the Low Income Housing Tax Credit (LIHTC) federal housing program, making rent affordable to lower-income households. It offers spacious two- and three-bedroom units, swimming pool, clubhouse, business center, washers and dryers in every unit, and three playgrounds.

About Peak Capital Partners

Peak Capital Partners and its affiliates own and manage conventional, affordable, and student apartment communities in growth markets in the United States. Founded in 2007, the firm owns 100 apartment communities in 15 states housing 18,500 families. Visit www.peakcapitalpartners.com.

Press Contacts

Chris Manning-cmanning@peakcapitalpartners.com

Dave Anderton-dave@daveanderton.com

Read more about Meadow Glen in this article on costar.com