Summary
Salem Partners is pleased to announce the successful completion of a programmatic joint-venture in the real estate / multifamily sector for its client, Grand Peaks Properties, Inc. (“GPP”). The joint-venture is between GPP and a global family officewith the objective to aggregate $1 billion of multifamily assets.
GPP is a vertically-integrated, national operator based in Denver, CO that has a 70 yearfamily history in the multifamily sector. In terms of its business lines, GPP manages,acquires, renovates and develops high quality, suburban multifamily properties. Withover 220 employees, GPP has a significant local presence in markets such as Denver,Dallas/Fort Worth, Portland, Seattle and Miami.
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