PeakMade Real Estate Announces Growth in Co-living Sector of Multifamily

Atlanta, GA. – August 20, 2024 – PeakMade Real Estate, a leading diversified real estate, development, and property management company, has announced growth in the expanding co-living sector of their multifamily portfolio. This expansion consists of six communities with over 800 units offering more than 1,400 individually-leased co-living bed spaces. These communities span across 5 major U.S. metropolitan cities including New York City, Chicago, Los Angeles, Houston, and Miami. Managed on behalf of eight different clients, this growth reflects PeakMade’s commitment to expand and diversify its portfolio of managed multifamily communities.

Co-living developments focus on communal living arrangements aimed towards young professionals, adopting the student housing by-the-bed leasing structure with a greater emphasis on shared amenity spaces. PeakMade’s co-living developments offer fully furnished apartments and private bedrooms with shared amenity packages that include pools, gyms, rooftop lounges, and co-working spaces.

“Our experience and success with individual leasing uniquely positions PeakMade as a leading operator in the co-living sector of multifamily housing, as these renters likely have been residents at our student housing communities not too long ago,” said Sam Owens, Regional Vice President overseeing PeakMade’s multifamily portfolio. “This growth is a testament to our experience understanding this asset class, as well as these renters, and I’m thrilled to be given so much opportunity to create value for our new client partnerships and expand our portfolio.”

“These Class A assets are strategically designed to offer exceptional value without compromising on quality, which is on the minds of all our renters across the country, “ added Chris Warner, Director of Client Services.  “We are excited to continue to grow in this space and further cement PeakMade as a premier operator for these types of assets.”  

About PeakMade Real Estate

PeakMade Real Estate, based in Atlanta, GA, is a diversified real estate services company, offering property management, development, and consulting services for conventional multifamily and student apartments.  PeakMade Real Estate was built to execute on strategies consistent with the goals and long-term investment strategies of its partners. When something is PeakMade, it’s not only built upon expertise and experience, it’s built upon a foundation of community. For more information on PeakMade Real Estate, visit www.peakmade.com.