Head of The Peebles Corporation to launch $350M REIT

Don Peebles, head of development giant The Peebles Corporation, plans to launch a $350 million real estate investment fund.

Peebles began raising capital for the fund, which will invest in Peebles’ own projects as well as developments by “emerging mid-sized developers” in several major U.S. cities, including New York.

The fund, which will solely provide equity and raise capital from institutional investors, is set to launch in the second or third quarter of 2015.

Virtual Event

Hotel Optimization Part 3 | January 27, 2021

With 2020 behind us and widespread vaccine distribution on the horizon, the second half of the new year is looking up, but for Q1 (and most likely well into Q2) we’re very much still in the thick of what has undeniably been the lowest point of the pandemic. What can you be doing now to power through and set yourself up for a prosperous 2021 and beyond? Join us at Part 3 of Hotel Optimization – A Virtual Event on January 27 from 10am – 1:05pm ET for expert panels focused on getting you back to profitability.


While the Peebles Corporation generally focuses on larger projects with a price tag of more than $100 million, the new fund will scoop up smaller deals.