Focus. Achieve. Freedom.
Real estate investing from a unique perspective.
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400K+
SQ FT
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MULTI TENANT
INDUSTRIAL & RETAIL
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6 STATES
National Footprint
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60+
YEARS OF EXPERIENCE
Buy Right
We buy underperforming multi-tenant commercial properties with great potential.
Manage Tight
We improve operations and revenue management to greatly increase net operating income.
Cash Flow Big
We operate properties for durable cash yield and hold for long term.
Do It Again
We recycle capital into the next opportunity, in perpetuity.
What We Do
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Kim Hopkins
CEO
Kim Hopkins leads asset acquisition and strategic planning for Iron Peak Properties, a real estate investment company she co-founded with her husband Ben in 2014. Her main focus is to maximize the performance of Iron Peak's current and future investments.
Kim grew up in Portland, Oregon until discovering a magical concept known as “sunshine” at the University of California, Santa Barbara. She received her Ph.D. in Mathematics from the University of Texas, Austin in 2010 in algorithmic number theory and applies these analytical tools to Iron Peak frequently. She recently escaped Los Angeles with her husband and two kids and relocated to Arizona, where she splits her time between the desert of Scottsdale and mountains of Flagstaff. She is an avid CrossFitter.
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Ben Hopkins
COO
Ben Hopkins oversees operations at Iron Peak Properties, including financing, due diligence, closing, asset management, management of the property managers, and negotiating favorable lease terms and renewals. Ben works closely with the fantastic Iron Peak team to ensure optimal properties performance.
He received his Ph.D. from the University of Texas, Austin in 2010 in bio-chemistry and is a former cancer and food contamination research Scientist, a National Institute of Health fellow, and research lead at LabCorp. He resides with Kim and their two children in Scottsdale, Arizona and is an avid CrossFitter.
Low Vacancy Risk
Multiple tenants in small units means a vacancy has minimal impact on revenue. And small units are filled much more quickly than larger units.
Defensive Through Downturns
We target B-class properties (versus A or C class). When times are good, C tenants move to B. When times are bad, A tenants move to B. And during all times, people need storage and warehousing.
Durable Through Cycles
Our tenants are the small business heroes providing essential services, including during uncertain, unexpected events.
Business Quality Tenants
Businesses don’t live in the property or (typically) get rent moratoriums or rent control. This means less wear and tear on the property, lower maintenance, and if they don’t pay rent, they’re out.
Why Multi Tenant Commercial?
Higher Cash Flow
Small business tenants typically means higher cash flow than a single credit tenant (think Starbucks) and less vacancy risk (think K-Mart).
Diversified risk with business quality tenants.
Where We Are
Over $40 million in assets throughout the country.