PROVO, Utah (Sept. 27, 2016) – Peak Capital Partners, a Utah-based apartment investment and management company, today announced it acquired Spring Forest at Deerfield, a 192-unit apartment community in Mebane, N.C.

“Spring Forest at Deerfield is located near major employers and is less than a mile from the North Carolina Commerce Park, a 1,200-acre business park where thousands of jobs of located,” said Jamie Dunn, managing director at Peak. “The community is within a 30-minute drive to Greensboro, Durham, and Chapel Hill.”

Peak is making a major investment in updating and improving the property. Improvements include: replacement of all roofs, new kitchen cabinets, conversion to LED light fixtures, and the addition of an outdoor kitchen area.

The community offers one- to three-bedroom units and provides several amenities including a swimming pool, clubhouse, fitness center, playground, and garages.

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. Visit www.peakcapitalpartners.com.

Press Contacts

Jamie Dunn: jdunn@peakcapitalpartners.com

Dave Anderton: 801.707.2383 dave@daveanderton.com