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 quality sites and design residential buildings for long-term investment horizons. We study all prospective sites and apply our expertise to ensure that our developments are optimizing all potential incentives and that we are improving the community we are building in. We believe that the “build for the long-term” business plan benefits all stakeholders.
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 long-term planning of Grand Peaks. Since inception, Grand Peaks has grown to approximately $2 billion of assets with over 250 employees nationwide. 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, CO and operates out of the corporate office.
Nick Simpson co-founded Grand Peaks Properties in 2003 and currently serves as President. Mr. Simpson oversees the national acquisition platform, investment strategy, and the integration of the investment team’s business plans with the property management company. Nick has built his industry knowledge from the ground up dating back to 1989 with direct onsite experience leasing, working maintenance, and now as President of Grand Peaks. He has worked for Great West Management in the operations department and Azimuth Properties overseeing renovation activity prior to founding Grand Peaks.
Mr. Simpson graduated from Metropolitan State College of Denver where he holds a Major in Aerospace Science and a Minor in Management. He currently resides in Greenwood Village, CO and operates out of the corporate office.
Max Siler has been with Grand Peaks since 2007 and currently serves as Chief Operating Officer. Mr. Siler is responsible for the day-to-day operational oversight and financing activity of Grand Peaks. He has assisted with the recapitalization, acquisition, development, and disposition of over 15,000 multifamily units representing over $2.6 billion of transactions.
Mr. Siler is an active real estate broker in the state of Colorado. He obtained his BSBA degree with a major in Real Estate & Finance from the Daniels College of Business at the University of Denver. Mr. Siler currently resides in Greenwood Village, CO and operates out of the corporate office.
Elli Lobach has been with Grand Peaks since 2015 and currently serves as Senior Vice President of Development for Colorado. Mrs. Lobach has directly developed and constructed more than 1,500 rental units totaling over $300 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.
Mrs. Lobach earned her Bachelor's degree and Master of Real Estate and Project Management degree from Harvard University. She currently resides in Parker, CO and operates out of the corporate office.
Kevin Jewett has been with Grand Peaks since 2015 and currently serves as Director of Asset Management. Mr. Jewett oversees investor relations and portfolio asset management. Additional responsibilities include assisting with acquisitions and dispositions and facilitating company-wide reporting processes between the investment team, equity partners, lenders and in-house property management team. Prior to joining Grand Peaks, Mr. Jewett served as Transaction Manager for the Private Client Team with Newmark Knight Frank, formerly Apartment Realty Advisors (ARA). Previously, Mr. Jewett served as the Financial Analyst for the Denver and Phoenix markets at ARA, underwriting in excess of $12 billion of assets.
Mr. Jewett is a licensed real estate broker in the State of Colorado. He obtained his BA in History from the University of Oregon and his Certificate in Real Estate Development from Portland State University. He currently resides in Denver, CO and operates out of the corporate office.
Courtney Crowder has been with Grand Peaks since 2018 and currently serves as Senior Acquisitions Associate. Ms. Crowder is responsible for facilitating company-wide acquisition and financing activities for Grand Peaks and directly oversees all Colorado acquisition pursuits. She has over a decade of experience in the real estate industry with a focus on the multifamily sector.
Prior to joining Grand Peaks, Ms. Crowder served as Senior Transaction Manager at Newmark Knight Frank’s Denver Institutional Multifamily team where she helped close over $2 billion in transactions. Prior to NKF, Ms. Crowder worked with Redwood Capital Group in Chicago where she assisted with over $975 million of acquisitions and recapitalizations of nearly 10,000 multifamily units. Ms. Crowder started her career as an acquisition analyst for LaSalle Investment Management focusing on all asset types.
Ms. Crowder is a licensed real estate broker in the State of Colorado. She earned her bachelor’s degree from the University of Colorado-Boulder Leeds School of Business and her MBA from Northwestern University’s Kellogg School of Management. Ms. Crowder currently resides in Denver, CO and operates out of the corporate office.
Spencer Welton has been with Grand Peaks since 2016 and currently serves as Senior Vice President of the Pacific Northwest region. Mr. Welton has been active in real estate development for over two decades. 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. Mr. Welton has participated in acquisitions, dispositions, development and construction totaling more than $750 million. His previous employment included 15 years with Simpson Housing Limited Partnership prior to joining Grand Peaks.
Mr. Welton holds a Bachelor of Architecture degree from Carnegie Mellon University. He currently resides in Seattle, WA and operates out of the PNW regional office.
Scott Jackson has been with Grand Peaks since 2014 and currently serves as Senior Vice President of Texas. Mr. Jackson is responsible for sourcing new development and acquisition opportunities in Texas. Additionally, his responsibilities include asset management, renovation project management, contract negotiations, and dispositions. Mr. Jackson has acquired and developed over 30 multifamily projects totaling more than 7,000 units. Prior to joining Grand Peaks, Mr. Jackson worked with Fairfield Residential for 14 years as the development partner in Texas.
Mr. Jackson is a licensed real estate broker in the state of Texas. He graduated from Southern Methodist University with a BBA in Real Estate and Finance. Mr. Jackson currently resides in Dallas, TX and operates out of the Texas regional office.
Michael Sommers has been with Grand Peaks since 2016 and currently serves as Senior Vice President of Florida. Mr. Sommers focuses on multifamily acquisitions, renovation management, and asset management for the entire state of Florida. Prior to joining Grand Peaks, he was the Senior Vice President at Fifteen Group where he was responsible for a 3,000-unit multifamily portfolio across 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, Mr. Sommers was an Investment Associate for Equity Residential (EQR), where he worked from 2009 to 2014 acquiring multifamily properties and development sites. Additionally, he participated in overseeing the asset management of more than 20,000 apartments in EQR's Southeastern United States portfolio. During his time with EQR, Mr. Sommers 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, Mr. Sommers has taught undergraduate and MBA-level courses in real estate investment and appraisal at the University of Miami as a part-time lecturer. He 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. Mr. Sommers currently resides in Boca Raton, FL and operates out of the Florida regional office.
Chief Executive Officer
Chief Operating Officer
Senior Vice President | Development
Director of Asset Management
Senior Acquisitions Associate