PROVO, UT - Peak Capital Partners, a multifamily investment firm, today announced it received the 2015 Sustainable Business Award. The award was presented by Utah Business Magazine and recognizes companies and individuals making strides in environmental sustainability.
With nearly 80 apartment communities nationwide, Peak has worked to dramatically reduce water use at its properties by replacing all existing three- or five-gallon-per-flush toilets with ultra low flow 0.8-gallon-per-flush toilets. The company has also replaced showerheads and aerators with low-flow equipment and inspected all fixtures for leaks to reduce wasted water.
“These improvements save an estimated 45 million gallons of potable water every year,” said Jeff Danley, managing partner at Peak Capital Partners. “We have completed the same energy saving renovations in our own homes and offices as well. We are proud of our efforts to reduce utility expenses for the 14,000 hard-working American families that live in our communities. We are also proud of the tens of millions of gallons of potable water we are saving each year.”
The company is continuing to replace plumbing fixtures with ultra low-flow equipment and is designing solar-enabled boiler systems at properties that use a central boiler system for hydronic heat and domestic hot water.
Jeff Burningham, Jeff Danley and Jamie Dunn founded Peak Capital Partners, a private equity firm that owns and manages conventional, student and affordable apartment communities across the United States.
About Peak Capital Partners
: Peak Capital Partners and its affiliates own and manage conventional, affordable, and student apartment communities in growth markets in the United States. Founded in 2007, Peak Capital Partners owns 80 apartment communities in 15 states housing 14,000 families. Visit www.peakcapitalpartners.com.