Bringing extensive asset management experience, Bjorkman joins PEG to deepen the organization’s footprint as a vertically integrated commercial real estate leader.

The fund has 17 assets in various stages of development, lease-up, and stabilization and could begin dispositions as early as November 2022.

Located just blocks from the world-renowned Mayo Clinic, the 172-key hotel will help provide much-needed apartment-style extended stay accommodations for patients and families visiting Rochester from across the globe.