P
eakline Real Estate Funds (PREF) has raised $1.2 billion across three Qualified Opportunity Zone (QOZ) funds, solidifying its position in the US QOZ fund management space. The firm's latest investment is Markley + Main, a 277-unit apartment community in Greenville, South Carolina.

    Located in the West End Historic District of Downtown Greenville, Markley + Main will feature six stories and approximately 258,763 square feet of net rentable area. The project includes a mix of one-bedroom, two-bedroom, and three-bedroom units, as well as resort-style amenities such as a pool, clubhouse, co-working areas, and fitness center.

    PREF's QOZ program has invested over $1.2 billion in equity across three funds since 2018, focusing on institutional-quality real estate assets in markets with strong fundamentals. The firm's portfolio includes multifamily, retail, and office projects totaling more than 5.2 million square feet and $3.5 billion of total gross market value.

    "We're proud to partner with developers like SunCap Property Group to create thousands of jobs, housing, and commercial activity in targeted areas," said Mike Miller, Co-Founder and President of Peakline Real Estate Funds. "Our QOZ investment program provides our investors with institutional-quality opportunities while contributing to the growth of dynamic communities."

    SunCap Property Group is developing Markley + Main in partnership with PREF, with construction set to begin imminently and completion expected in 2027. The site offers a highly walkable setting near Main Street, with convenient access to local retail, dining, entertainment, and major employers.

    PREF has over $1.7 billion in equity invested across six funds and select individual investments, totaling $5 billion in gross value across 17 million square feet in more than 15 key growth markets in the US.