Grand Peaks offers its investors a vertically integrated platform with multifamily acquisitions, development, renovation, property and asset management expertise via its direct professionals and affiliated companies. Independently, each department excels in its industry segment, but when brought together Grand Peaks has a unique ability to manufacture value when others may find none. One of Grand Peaks’ biggest strengths comes from synergies with Grand Peaks Property Management, an affiliate company. The Grand Peaks and Grand Peaks Property Management teams collaborate on all investment activity from underwriting to executing on the business plan. This relationship gives Grand Peaks a competitive advantage where all stakeholders’ interests and goals are aligned.
Grand Peaks’ corporate headquarters are located in Denver, Colorado with regional offices in Miami, Florida, Dallas, Texas, and Seattle, Washington. Our regional offices are run by industry leaders who receive full access and support from the infrastructure laid by the Grand Peaks corporate office. Grand Peaks currently seeks multifamily investment opportunities in Denver, Dallas, Fort Worth, Miami, Fort Lauderdale, Seattle, Portland, Phoenix, and Southern California and is continually monitoring opportunities for expansion into new markets. We specialize in vertical construction, renovation, and repositioning of properties with 150 units and up with a preference towards 1980’s and newer product across all construction types.
Grand Peaks has one of the most experienced, successful and well-respected development teams in the multifamily industry. Collectively, members of Grand Peaks Properties development team bring over 40 years of active real estate development experience in markets ranging from San Diego, CA to Tampa, FL. Future ground-up development is one of the core strategies for the growth of the company.
Grand Peaks development strategy is to locate sites and design residential buildings with the goal of long-term investments. Therefore, we seek locations or building with the most potential to ensure positive ROI our partners and investors. We believe that this "build for the long-term" philosophy will not only serve us, but the communities well.
At present, Grand Peaks owns land for development in Texas, Colorado, Oregon and Washington.
Luke Simpson co-founded Grand Peaks Properties in 2003 and currently serves as Chief Executive Officer. Mr. Simpson oversees the strategic direction and operations of Grand Peaks. Since inception, Grand Peaks has grown to encompass $750,000,000 of assets and 200 employees. The company currently operates in five states and the province of British Columbia.
Prior to forming Grand Peaks, Mr. Simpson served as Senior Vice President of Simpson Housing Limited Partnership where he focused on the company’s development operations. Mr. Simpson is a licensed real estate broker in the State of Colorado and currently serves on the Board of Trustees at St. Anne’s Episcopal School in Denver. He is a graduate of Southern Methodist University, where he majored in Real Estate/Finance. Mr. Simpson currently lives in Denver with his wife Brooke and their two children.
Nick joined Grand Peaks as the Asset Manager in April of 2003. He has previous experience in multifamily management since 1989. He has worked for Great West Management in Leasing and Maintenance. In addition, he worked for Azimuth Properties rehabbing residential properties. Nick graduated from Metropolitan State College of Denver where he holds a Major in Aerospace Science, and a Minor in Management.
Max Siler has been with Grand Peaks since 2007 and is currently responsible for sourcing and underwriting new acquisitions and developments, overseeing dispositions from contract negotiation to closing, and securing financing for new and existing properties within the portfolio. Additionally, Mr. Siler assists with ongoing asset manager over the company’s portfolio. Since joining Grand Peaks he has assisted with the recapitalization, acquisition, development, and disposition of 8,000+ multifamily units representing over $1B of transactions.
Mr. Siler is an active real estate broker in the state of Colorado.
He obtained his BSBA degree with a major in finance and real estate from the Daniels College of Business at the University of Denver.
Elli has developed and constructed more than 1,100 rental units totaling over $240 million and managed acquisitions and dispositions totaling more than $300 million. Her previous employment included time with Holland Partner Group, Archstone Communities, and the New York City Economic Development Corporation. She earned her Bachelor degree and Master of Real Estate and Project Management degree from Harvard University.
Spencer has been active in real estate development for more than 20 years. He has developed and constructed more than 2,500 rental units and more than 150,000 square feet of office and retail space including projects in Boston, MA, Loudon County, VA, Yonkers, NY, Portland, OR and Seattle, WA . Spencer has participated in acquisitions, dispositions, development and construction totaling more than $750 million. His employment included 15 years with Simpson Housing Limited Partnership prior to joining Grand Peaks. He holds a Bachelor of Architecture degree from Carnegie Mellon University.
Scott Jackson is responsible for sourcing new development & acquisition opportunities in Texas. In addition responsibilities include asset management, contract negotiations, and dispositions. Mr. Jackson has acquired and developed over 25 projects consisting of approximately 6,500 units.
Prior to joining Grand Peaks, Mr. Jackson worked with Fairfield Residential for 14 years as the development partner in Texas. Mr. Jackson graduated from Southern Methodist University with a BBA in Finance and Real Estate Finance. He is a licensed Texas real estate broker and lives in Dallas.
Michael Sommers is the Florida regional Senior Vice President, where he focuses on multifamily acquisitions and asset management for the entire state of Florida. Prior to joining Grand Peaks, Michael was a Senior Vice President at Fifteen Group, where he over saw a 3,000 unit multi-family portfolio in four states. During his time there, he helped with the disposition of four apartment communities and a shovel ready development site in Miami. Prior to that, Michael was an Investment Associate for Equity Residential (EQR), where he worked from 2009 - 2014 acquiring apartment buildings and development sites. Additionally, Michael participated in overseeing the asset management of more than 20,000 apartments in EQR's Southeastern United States portfolio. During Michael's time with EQR, he was part of the deal team that underwrote and acquired the majority of the Archstone apartment portfolio from Lehman Brothers' bankruptcy estate for $9.5 billion dollars. Since 2009, Michael has also taught undergraduate and MBA-level courses in real estate investment and appraisal at the University of Miami as a part-time lecturer. Michael earned his Bachelor's degree with honors from the Finance Department at the University of Miami and has an MBA from the University of Florida.
Chief Executive Officer
Chief Operating Officer
Senior Vice President | Development
Director of Asset Management