July 17, 2013
Peak Capital Partners, a residential multifamily investment company, today announced it was named the No. 6 “Top 25 Under Five” company by the Utah Valley Entrepreneurial Forum.
The “Top 25 Under Five” annual event showcases Utah’s best entrepreneurs and start-up companies. Award recipients were selected based on revenue growth over a five-year period (2008 through 2012) and job creation.
Jeff Burningham, Jamie Dunn and Jeff Danley founded the private equity firm. Peak Capital Partners owns and manages conventional, student and affordable apartment communities in eight states, housing nearly 6,000 families. Peak’s total portfolio asset value is more than $350 million.
“Over the past five years, Peak has witnessed remarkable revenue growth,” said Jeff Burningham, founder and managing partner. “By the end of 2013, Peak will acquire roughly 40 additional apartment communities representing more than 4,000 new doors and $200 million in additional asset value. To be recognized as one of Utah’s fastest-growing companies is an honor.”
Peak Capital Partners’ revenue has more than doubled in the past two years. While Peak’s core business is focused on real estate, its affiliate company, Peak Ventures, is a seed fund started and managed within Peak Capital that invests in seed-stage technology and operating businesses.
In addition to acquiring apartment communities, Peak developed and oversaw construction of The Village at South Campus in Provo, one of Utah’s largest apartment communities. The Village at South Campus opened in 2012 and is home to nearly 1,000 BYU students. The development was recognized this year as the No. 1 “Multifamily/Hospitality Project of the Year” by the Associated General Contractors of Utah and was listed as a “Business Excellence Awards” finalist by the CCIM Institute (Certified Commercial Investment Member).
Peak Capital Partners earlier this year was named as a Utah regional finalist of the 2013 Ernst & Young Entrepreneur of the Year awards, an awards program that recognizes high-growth entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities.