July 1, 2015

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Peak Capital Partners Acquires Brittany Greens Apartments in Brigham City

Press Release

July 1, 2015

Provo—Peak Capital Partners, a Utah-based apartment investment and management company, today announced it acquired Brittany Greens, a 90-unit apartment community in Brigham City, Utah.

"This is the 14th property Peak has acquired in Utah," said Jeff Danley, founder and managing partner. "Multifamily living in Utah is a popular and rising trend. Utah continues to be a high-growth market for new jobs and is one of the fastest population growth states in the country. We look forward to adding more apartment communities to our Utah portfolio."

Brittany Greens was built in 1999 and offers affordable and market-rate housing options for individuals and families. Peak plans to make several improvements to the community including new exterior LED lighting, painting the buildings and updated landscaping. In addition, a fire prevention device (known as Fire Avert) will be installed on every stove in each unit. The device represents a significant safety feature for residents since the No. 1 cause of house fires is food left unattended on a stove. Fire Avert automatically turns off a stove when a smoke alarm is activated. Fire Avert is owned by Peak Ventures, a sister company to Peak Capital Partners.

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