Peachtree Group Expands DST Platform, Hiring SVP to Lead Multifamily Acquisitions
Peachtree Group, a commercial real estate investment firm with a multibillion-dollar portfolio of equity and debt investments, announced the expansion of its Delaware statutory trust platform to include investments in multifamily properties. The announcement coincides with the hiring of Jordan Hylton to lead the firm’s DST multifamily investments as senior vice president of multifamily acquisition.
This DST initiative reflects the evolution of Peachtree’s approach, according to the firm, building on lending across various commercial real estate sectors and leveraging its vertically integrated, scalable investment platform. Since launching the DST program in 2022, Peachtree has completed seven debt-free DST acquisitions, such as PG St. Augustine DST which seeks to raise nearly $24.4 million from accredited investors – and according to the firm, ranked as a top 15 DST sponsor in 2024.
“For years, Peachtree has provided lending solutions across a diverse range of asset classes. Expanding into equity investments in multifamily properties is a natural progression for us,” said Greg Friedman, chief executive officer and managing principal of Peachtree. “We see tremendous opportunities in the multifamily sector and are confident we can scale this platform systematically while delivering strong risk-adjusted returns for our investors.”
Peachtree said that multifamily properties have proven to be a resilient and attractive asset class, making them a complement to Peachtree’s hotel DSTs.
“Multifamily DSTs are among the most popular asset classes in the DST space, benefiting from stable fundamentals such as a housing shortage, increased homeownership costs, and strong tenant demand,” said Tim Witt, president of 1031 Exchange/DST products of Peachtree. “Of note, multifamily financing remains accessible even during challenging economic periods due to strong agency backing.”
“Our ability to expand into equity investments in multifamily is a testament to the strength and flexibility of our platform,” Friedman said. “Jordan’s extensive industry knowledge and proven track record, combined with Tim’s experience leading Peachtree’s DST program, make them the ideal team to drive this initiative forward.”
Hylton, a seasoned real estate veteran with over 20 years of experience and billions of dollars in transactions, will report to Witt and lead efforts to identify and secure multifamily acquisition opportunities.
Hylton most recently served from 2019 to 2024 as senior director at New York Life Real Estate Investors, an institutional real estate investment firm with more than $8 billion in assets under management. He began his career at PGIM Real Estate, a global institutional real estate investment firm managing more than $60 billion in assets.
“Multifamily is a great asset class to leverage, and we’re excited to integrate it further into our DST offerings,” Hylton said. “The sector’s strong fundamentals and consistent demand, align perfectly with the DST structure and investor goals. We’re committed to creating impactful investment opportunities that deliver value.”
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