Tagged peg-companies

PEG Companies Appoints Garett Bjorkman as Co-Chief Executive Officer
Press Release

PEG Companies Appoints Garett Bjorkman as Co-Chief Executive Officer

 Bringing extensive asset management experience, Bjorkman joins PEG to deepen the organization’s footprint as a vertically integrated commercial real estate leader. Read More
PEG Companies Recognized Among Utah's Elite 'Fast50' Companies
Press Release

PEG Companies Recognized Among Utah's Elite 'Fast50' Companies

 Marking two decades of commercial real estate excellence, the recognition stands as a testament to PEG's unwavering commitment to its vision of 'building trust, reimagining communities, and broadening horizons everywhere.' Read More
Press Release

Highly Anticipated SpringHill Suites by Marriott Brings 117 New Guest Rooms to Scottsdale

 Boasting a prime location across the street from the esteemed SkySong ASU Scottsdale Innovation Center, SpringHill Suites by Marriott Scottsdale is poised to become a preferred destination for business and leisure travelers, alike. Read More
Press Release

Highly Anticipated Courtyard by Marriott Nanaimo Hotel Opens for Business

 Adjacent to the Vancouver Island Conference Centre, the new 172-key business-class hotel invites guests to experience Snuneymuxw First Nation art and culture. Read More
Neighborhood Hotel Sells After Strategic Conversion and Rebranding as Apartments
Press Release

Neighborhood Hotel Sells After Strategic Conversion and Rebranding as Apartments

 The owners, Utah-based PEG Companies, acquired, converted, and sold the property in less than two years, generating a 2.0X equity multiple for their investors. Read More
Press Release

PEG Companies Acquires 40-Acre Site in Caldwell for Large Build-for-Rent Development

 The full-service commercial real estate investment firm anticipates breaking ground on the property this November. Read More
PEG Companies Announces the Successful Closing of PEG Extended Stay Conversion Fund, LP
Press Release

PEG Companies Announces the Successful Closing of PEG Extended Stay Conversion Fund, LP

 The fund has 17 assets in various stages of development, lease-up, and stabilization and could begin dispositions as early as November 2022. Read More
PEG Companies Closes on a 9-Property Hotel Portfolio for Conversion Into Multifamily Communities
Press Release

PEG Companies Closes on a 9-Property Hotel Portfolio for Conversion Into Multifamily Communities

 Located in U.S. markets with strong housing demand, the nine extended-stay hotels are poised for conversion into multifamily assets. Read More
New PEG Companies Fund to Pave the Way for Build-for-Rent Housing in the Mountain West
Press Release

New PEG Companies Fund to Pave the Way for Build-for-Rent Housing in the Mountain West

 Targeting $200M for the development of for-rent single-family home rental communities, the new fund will capitalize on the population explosion currently impacting America's fastest-growing region. Read More
Rochester, MN's First Completed Opportunity Zone Project, the Hyatt House Rochester / Mayo Clinic Area, Hosts Ribbon-Cutting Ceremony, Community Tours
Press Release

Rochester, MN's First Completed Opportunity Zone Project, the Hyatt House Rochester / Mayo Clinic Area, Hosts Ribbon-Cutting Ceremony, Community Tours

 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. Read More
PEG Companies Begins Converting Habitat Suites Hotel in Austin Into Quality Class B Apartments
Press Release

PEG Companies Begins Converting Habitat Suites Hotel in Austin Into Quality Class B Apartments

 So far, the commercial real estate investment leader has acquired 14 discounted extended-stay hotels with the intent to convert them into quality Class B apartments in an effort to help solve the national housing affordability crisis. Read More
PEG Companies Unveils New 'ARIA Apartments' Brand in Unique Extended Stay Conversion Strategy, Value-Add Fund
Press Release

PEG Companies Unveils New 'ARIA Apartments' Brand in Unique Extended Stay Conversion Strategy, Value-Add Fund

 PEG is now operating the strategy in several states and has an initial fund closing date of Dec. 1, 2020 Read More
PEG Companies Opens New Staybridge Suites Hotel in Phoenix
Press Release

PEG Companies Opens New Staybridge Suites Hotel in Phoenix

 Located in one of the fastest-growing metro areas in the nation, this upscale extended stay hotel adds 106 luxury suites to the market. Read More
Autograph Collection's Second Utah Hotel Nears Completion
Press Release

Autograph Collection's Second Utah Hotel Nears Completion

 The Advenire Will Celebrate Southern Utah's Rich Pioneer Heritage and Welcoming Spirit When It Opens in Fall 2019 Read More
Press Release

PEG Companies Announces Focus on Opportunity Zones With Launch of Qualified Opportunity Fund

 Commercial real estate operator's Qualified Opportunity Fund focuses on pre-identified projects Read More
Community Breaks Ground on Utah's First Opportunity Zone Investment
Press Release

Community Breaks Ground on Utah's First Opportunity Zone Investment

 Named Paperbox Lofts, the mixed-use development, will include 195 apartment units, retail and restaurant space, and a park for public use. Read More
PEG Companies, Woodbury Corporation Break Ground on Long-Awaited Student Housing Development
Press Release

PEG Companies, Woodbury Corporation Break Ground on Long-Awaited Student Housing Development

 After a far-reaching controversial campaign in November 2018, voters approved moving forward with the development Read More