BETHESDA, MD, Aug. 12, 2024 /PRNewswire/ - Peakhill Capital, a commercial real estate lender, today announced a strategic joint venture (JV) with Declaration Partners, an investment firm anchored by the family office of David M. Rubenstein, to provide 'gap capital' to owners of residential rental properties facing loan paydowns. This collaboration is a major expansion of Peakhill's preferred equity financing platform. The new JV seeks to fund preferred equity investments ranging from $5 million to $25 million in multifamily, student housing, and build-for-rent (BFR) projects, supporting asset owners by providing 'gap capital' behind agency, LifeCo, and CMBS loans.