Underwriting capital with
operating perspective.
Principal investments led by an operator who has personally built and managed the projects on the other side of the spreadsheet.
High Peaks Capital Investment Partners is the principal investment affiliate of the High Peaks Capital platform. The Investment Partners business is built on a simple premise: capital deployed by an operator with direct construction, value-add, and ground-up development experience underwrites differently — and performs differently — than capital deployed without it.
Derek Carroll is the founder of High Peaks Capital, a commercial real estate platform spanning bridge lending, investment sales advisory, and principal investments. Over more than fifteen years in the industry, Derek has been involved in billions of dollars in transactions across capital markets, bridge lending, underwriting, and principal investing.
Derek began his career in institutional capital markets at NorthMarq, where he advised owners and developers on debt and equity placement across the property spectrum. He launched High Peaks Capital to build a platform that combines institutional underwriting discipline with the hands-on operating perspective of a principal.
Beyond his capital markets background, Derek has personally led more than fifty value-add and ground-up development projects as general contractor and principal. That operating experience informs every loan underwritten, every property sold, and every investment made through the platform.
Derek holds a Bachelor of Science in Applied Economics and Management from Cornell University. He is licensed as a New York real estate broker, and holds FINRA Series 82 and Series 63 registrations.
Cornell University
NY Commercial Mortgage Broker
50+ self-managed projects
High Peaks Capital operates as three integrated affiliates, each focused on a distinct service line within commercial real estate. Each affiliate operates independently within its discipline. The platform structure provides clients access to capital markets, transaction, and principal expertise developed across billions of dollars in transaction volume.
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High Peaks Capital Credit Partners
Bridge lending on multifamily and commercial properties, $5M to $50M, nationwide.
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High Peaks Capital Advisors
Investment sales brokerage focused on multifamily and industrial properties in Upstate New York and Central Florida.
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High Peaks Capital Investment Partners
Principal investments, including direct equity, general partner positions, and ground-up development.
How we think
about capital.
Our investment philosophy is straightforward.
- We invest where we have an underwriting edgeIn asset classes, markets, or structures where the platform's experience produces materially better risk-adjusted returns.
- We co-invest, we don't just allocateOur own capital is in every deal alongside our partners.
- We underwrite to downside, not just upsideStress-tested debt sizing, conservative exit assumptions, and operating reserves built in from day one.
- We invest selectivelyA small number of high-conviction positions per year, not a volume strategy.