Peter will lead efforts to expand ECI’s acquisition platform across strategic U.S. markets. His proven expertise in multifamily real estate investments will be instrumental in driving growth as ECI Group continues to further build its portfolio.

ECI announces that Almanac Realty Investors has committed up to $350 million of capital to further ECI’s expansion. The closing of two major capital events is expected to generate more than $3 billion in investment and financing growth over the next three to five years.

Smith Hill Capital, ECI Group, and InterVest have launched a $250 million private lending platform to provide financial solutions including first mortgages, mezzanine loans, and preferred equity investments to multifamily owners for refinancing, new construction, and acquisitions.