Rooted in family, built on partnership – evolving from a single-family office to a multi-billion-dollar real estate investment portfolio.
Our flexibility and speed allows us to capture desirable investments and execute our business plans effectively.
Our highly skilled team has specific development and construction expertise, actively working to reduce costs and mitigate risks.
Our decades-long, deep rooted relationships with industry leading developers lets us secure off-market opportunities with advantageous structures.
Co-Founder, Peakline Real Estate Funds
Our story begins in 2003, when Larry Levy, Mike Miller, and Jeff Cherner founded Diversified Real Estate Capital (DRE) within the Levy Family office in Chicago. Over the next 15 years, DRE deployed approximately $1.5 billion in equity across 24 investments, focusing on ground-up developments in partnership with additional family offices and high-net-worth investors.
In 2018, DRE partnered with a multi-family office to enter the real estate fund management business, launching a series of funds as Cresset Real Estate Partners, totaling over $1.7 billion in investor commitments anchored with our Qualified Opportunity Zone fund series, followed by our Logistics and Build-to-Rent strategies.
In 2025, the firm rebranded as Peakline Real Estate Funds in partnership with Peakline Partners — reflecting Peakline Partners’ evolution into a $4 billion AUM alternative asset manager, while staying true to its founding mission of building lasting partnerships and creating sustainable value for families.
The joint venture with Sterling Equities and EDEN Multifamily will develop a townhome rental community in Charlotte, North Carolina CHICAGO – Sept. 3, 2025 – Peakline Real Estate Funds (“PREF”), a
