Scattered-site multifamily typically consists of single-family homes and small-unit-count apartment buildings across a neighbourhood or city. “Peak Property Group’s management platform is very much what started Coastal Ridge’s management platform years ago and we’re happy to bring this full-circle moment to both of our organizations.” “We believe scattered-site multifamily offers us another avenue of opportunities to grow our organization, management, and investment platforms,” said Jay Harkrider, Managing Partner at Coastal Ridge. While the twoĬompanies have always been loosely affiliated, the completion of the acquisition and integration of teams will allow Coastal Ridge to launch an institutional calibre scattered-site multifamily strategy. The business combination will allow Coastal Ridge to launch a scattered-site multifamily strategy.įounded in 2008 by two of Coastal Ridge’s Managing Partners, Jay Harkrider and Andy Lallathin, Peak Property Group has acquired and managed a $175 million portfolio of small-unit-count apartments and single-family homes throughout Columbus and Cincinnati, with a strong presence near The Ohio State University and the University of Cincinnati.

Columbus, OH – Coastal Ridge Real Estate, a $2.8 billion AUM multifamily real estate investment and management firm, has acquired Peak Property Group, an apartment owner and operator with apartments throughout Columbus and Cincinnati.

Peak real estate management