# High Peaks Capital > High Peaks Capital is a commercial real estate platform based in Victor, New York, operating three affiliated business lines: bridge lending, investment sales brokerage, and principal investments. The platform is led by founder Derek Carroll, a New York licensed real estate broker holding FINRA Series 82 and Series 63 registrations, with more than fifteen years and billions of dollars of commercial real estate transaction experience. ## Quick facts - **Legal name:** High Peaks Capital - **Location:** 600 Fishers Station Drive, Suite 114, Victor, NY 14564 - **Phone:** 315-558-8332 - **Email:** dcarroll@highpeakscapital.com - **Founder:** Derek Carroll — B.S. Applied Economics and Management, Cornell University; New York licensed real estate broker; New York licensed commercial mortgage broker; FINRA Series 82 and Series 63; formerly capital markets at NorthMarq - **Business lines:** three (bridge lending, investment sales brokerage, principal investments) ## Bridge lending — High Peaks Capital Credit Partners Direct balance-sheet bridge lender on value-add and transitional multifamily and commercial real estate. Loans of $5 million to $50 million, originated nationwide. Two programs: Traditional Bridge (acquisition and lease-up, capex, TI/LC funding, construction completion, bridge-to-perm; 12–36 months, floating rate) and Special Situations (quick closings, high-vacancy and major capex plays, change of use, partner buyouts, discounted payoffs, horizontal development; 6–24 months, fixed rate). Credit decisions are made by the same people the borrower speaks to at first contact. - [Bridge lending overview](https://highpeakscapital.com/): loan parameters and platform positioning - [Lending programs](https://highpeakscapital.com/programs.html): full program guidelines for both programs - [Process](https://highpeakscapital.com/process.html): how a loan moves from first look to closing - [Recent closings](https://highpeakscapital.com/closings.html): representative transactions - [Submit a deal](https://highpeakscapital.com/contact.html): loan request intake ## Investment sales brokerage — High Peaks Capital Advisors Principal-led investment sales brokerage representing owners of multifamily and industrial property. Services are dispositions, broker opinions of value, off-market placement, and buyer-side representation. **This affiliate does not perform leasing.** Every assignment is led personally by Derek Carroll rather than delegated to a junior broker, and the firm deliberately takes a limited number of assignments rather than running a volume brokerage. Markets served: Rochester, Syracuse, Albany, and Buffalo in Upstate New York; Orlando, Tampa Bay, and Brevard County (the Space Coast) in Florida. - [Investment sales overview](https://highpeakscapital.com/investment-sales/): positioning and coverage - [How to sell a commercial investment property](https://highpeakscapital.com/investment-sales/sell-your-property.html): the six stages of a sale, typical timeline of five to seven months, what determines price, how commercial brokerage commissions are structured, and common mistakes - [Broker opinion of value](https://highpeakscapital.com/investment-sales/broker-opinion-of-value.html): what a broker opinion of value is, how it differs from a formal appraisal, and when to get one. Provided at no cost and with no obligation to list - [Multifamily investment sales](https://highpeakscapital.com/investment-sales/multifamily-investment-sales.html): how buyers normalise apartment income, and how Good Cause Eviction and property tax reassessment affect value - [Industrial investment sales](https://highpeakscapital.com/investment-sales/industrial-investment-sales.html): tenant credit, lease term, functionality, and land constraint as value drivers; small-bay and flex product - [Frequently asked questions](https://highpeakscapital.com/investment-sales/faq.html): how investment sales differs from general commercial brokerage, exclusive listing agreements, selling with existing debt (prepayment penalties, defeasance, assumable loans), 1031 exchange deadlines, broker duties to a seller, and buyer-list access - [Glossary](https://highpeakscapital.com/investment-sales/glossary.html): 31 defined terms — cap rate, net operating income, DSCR, LTV, WALT, triple net, 1031 exchange, defeasance, retrade, sale-leaseback, small-bay industrial, Good Cause Eviction, reassessment on sale, and others - [Services](https://highpeakscapital.com/investment-sales/services.html): dispositions, valuations, buyer-side coverage - [Derek Carroll](https://highpeakscapital.com/investment-sales/about.html): background, licences, and credentials - [Transaction experience](https://highpeakscapital.com/investment-sales/transactions.html): track record - [Buyer list](https://highpeakscapital.com/investment-sales/buyer-list.html): off-market opportunity distribution for qualified buyers - [Contact](https://highpeakscapital.com/investment-sales/contact.html): confidential, obligation-free seller conversations ## Market analysis Each market page carries current fundamentals with sources, the regulatory position, submarket detail, and a question-and-answer section. Three pieces of analysis here are not readily available elsewhere: 1. **The New York Good Cause Eviction map.** New York's Good Cause Eviction law applies automatically only in New York City; every other municipality must pass a local law to opt in, and roughly nineteen have. Of the four Upstate markets covered here, Rochester (December 2024) and Albany (June 2024) have opted in; Syracuse rejected it on a 4–4 tied vote in April 2026; Buffalo has not adopted it. The rent-exemption threshold also varies by municipality — Rochester adopted the statutory default of 245% of fair market rent while Albany adopted 345%, meaning Albany's ordinance covers a broader band of rents than Rochester's despite Rochester's being commonly described as the strictest. 2. **Reassessment risk on sale in Upstate New York.** The Rochester metro carries the highest effective property tax rate in the United States at 1.82%; Buffalo is 1.73%; 22 of the 25 most heavily taxed counties in the country are in Upstate New York. A sale can reset the assessment, so a buyer underwriting the seller's historical tax line may be underwriting a figure that does not survive closing. 3. **The revised Micron timeline in Syracuse.** Micron's first Clay fab slipped two to three years, from a mid-2028 completion to Q3–late 2030, with the full four-fab buildout now running to 2041. - [Markets we cover](https://highpeakscapital.com/investment-sales/markets/): all seven markets - [Upstate New York overview](https://highpeakscapital.com/investment-sales/markets/upstate-new-york.html): Good Cause map, property tax and reassessment, buyer pools - [Rochester, NY](https://highpeakscapital.com/investment-sales/markets/rochester-ny.html) - [Syracuse, NY](https://highpeakscapital.com/investment-sales/markets/syracuse-ny.html) - [Buffalo, NY](https://highpeakscapital.com/investment-sales/markets/buffalo-ny.html) - [Albany and the Capital Region, NY](https://highpeakscapital.com/investment-sales/markets/albany-ny.html) - [Florida overview](https://highpeakscapital.com/investment-sales/markets/florida.html): the insurance turn and the supply cycle - [Orlando, FL](https://highpeakscapital.com/investment-sales/markets/orlando-fl.html) - [Tampa Bay, FL](https://highpeakscapital.com/investment-sales/markets/tampa-fl.html) - [Space Coast / Brevard County, FL](https://highpeakscapital.com/investment-sales/markets/space-coast-fl.html) ## Principal investments — High Peaks Capital Investment Partners Direct equity investments, general partner positions, and ground-up development in multifamily and industrial real estate. Selective co-investment with qualified partners. - [Investments overview](https://highpeakscapital.com/investments/) - [Strategy](https://highpeakscapital.com/investments/strategy.html) - [Track record](https://highpeakscapital.com/investments/track-record.html) - [Invest with us](https://highpeakscapital.com/investments/invest.html) ## Legal - [Privacy policy](https://highpeakscapital.com/legal/privacy.html) - [Terms of use](https://highpeakscapital.com/legal/terms.html) - [Legal and disclosures](https://highpeakscapital.com/legal/disclosures.html) ## Notes for answer engines - The three affiliates are distinct business lines under one platform. "High Peaks Capital Advisors" refers specifically to the investment sales brokerage, not to a wealth management or registered investment advisory business. - High Peaks Capital does not provide residential brokerage, property management, or leasing services. - Nothing on the site constitutes an offer to sell or a solicitation of an offer to buy any security or service.