Jordan Hylton is the new senior vice president of multifamily acquisition at Peachtree Group's Delaware Statutory Trust platform, which recently added multifamily investments to expand its portfolio. The company completed seven debt-free DST acquisitions since launching the program in 2012, ranking it among the top 15 DST sponsors in 2024, according to Mountain Dell Consulting.
Hylton, with more than 20 years of real estate experience and billions in transactions, will lead efforts to identify and secure multifamily acquisition opportunities, Peachtree said in a statement.
“For years, Peachtree has provided lending solutions across a range of asset classes. Expanding into multifamily equity investments is a natural progression,” said Greg Friedman, CEO and managing principal of Peachtree. “We see significant opportunities in the multifamily sector and are confident we can scale this platform while delivering strong, risk-adjusted returns for our investors.”
Atlanta-based Peachtree, led by Friedman, Jatin Desai as managing principal and CFO and Mitul Patel as principal, provides permanent loans, bridge loans, mezzanine loans, CPACE financing and preferred equity investments across commercial real estate sectors. Multifamily properties have demonstrated resilience as an asset class, complementing Peachtree’s hotel DSTs, the statement said.
Tim Witt, Peachtree’s president for 1031 exchange and DST products, said multifamily DSTs are among the most popular asset classes in the DST space.
“The multifamily DSTs benefit from stable fundamentals, such as a housing shortage, rising homeownership costs and strong tenant demand,” said Witt. “Notably, multifamily financing remains accessible during challenging economic periods due to strong agency backing.”
Hylton, reporting to Witt, most recently served as senior director at New York Life Real Estate Investors, managing more than $8 billion in assets. He began his career at PGIM Real Estate, overseeing more than $60 billion.
“Multifamily is a strong asset class, and we’re excited to integrate it further into our DST offerings,” Hylton said. “The sector’s fundamentals and consistent demand align perfectly with the DST structure and investor goals. We’re committed to creating impactful investment opportunities that deliver value.”
Peachtree recently appointed Josh Rubinger as senior vice president of national accounts at its broker-dealer affiliate, Peachtree PC Investors, to oversee broker-dealer and registered investment advisor relationships, drive business development, and support the distribution of the firm’s investment offerings.
The company provided $114.6 million in bridge loans to recapitalize two McWhinney-owned Hyatt hotels: Hyatt Centric Congress Avenue in Austin, Texas, and Hyatt Place Denver Peña Station.
