Emphasizing creativity, integrity, and attention to detail, Cameron Gunter founded PEG Companies in 2003, now one of the fastest-growing commercial real estate development and investment firms. A bold leader, Cameron is known for successfully guiding his team through challenging endeavors that others in the commercial real estate industry often shy away from.
Cameron’s farm-raised work ethic, outside-the-box thinking, and past professional experience have helped him to lead PEG to where it is today. A CPA by training with over eight years mastering the entitlement process in city management, Cameron brings a perspective that helps PEG offer compelling investment opportunities through innovative and cost-effective solutions to the complex challenges in real estate development. As one of the youngest finance directors in Utah’s city government history, Cameron structured the largest tax incentive project in the western United States at the time for the city of Lehi, Utah with Micron Technology, Inc. and continues to make headlines as PEG grows throughout the US.
With dozens of large-scale projects already completed and many others under way today, Cameron is proud of the market-leading position PEG has secured in its 16+ years of operation. Whether it is becoming the first developer to finish an AC Hotel by Marriott on time and under budget or building one of the only four-story branded hotel buildings in downtown Jackson Hole, Wyoming, the growth in the communities PEG impacts is where Cameron sees true success.
Cameron received his BA in Business Administration from Idaho State University.
President / Chief Operating Officer, PEG Companies
President / Chief Operating Officer, PEG Companies
Rob Fetzer enjoys being in the “thick of things” at PEG Companies, and since the group’s inception in 2003, has committed to being involved with every PEG project in every stage. As President and Chief Operating Officer, Rob’s primary responsibilities include overseeing the company’s operations, investment decisions, profit centers, and helping navigate the rapid growth PEG is currently experiencing.
Prior to joining PEG, Rob held several positions in the commercial real estate space including brokerage, development/bond structuring, project management, and financial analysis. It was through these experiences that Rob developed an astute understanding of how to effectively manage transactional operations while still appealing to tenants, hotel guests, and communities. Rob consults on various economic review panels which provides him with a direct perspective into public valuation processes. This valuable insight has helped the PEG teams negotiate with complete context and win better deals.
With the recent growth PEG has experienced, Rob believes that PEG’s trajectory is due to the emphasis PEG has placed on earning the trust of each community it impacts while creating valued partnerships along the way. “You put your head down, you work hard to create deals, and you earn the trust of those you work with. Our success is dependent on the relationships we have with each of our partners, and we wouldn’t have it any other way.” Rob says.
Rob graduated with a BS in Finance and earned his MBA from the David Eccles School of Business at The University of Utah.
Behind every successful organization is a successful problem solver and at PEG Companies, that individual is Craig Bingham. The Chief Financial Officer is instrumental in PEG’s exceptional track record of producing top-tier returns, thanks to his meticulous attention to detail and ability to pinpoint possible inefficiencies before they ever occur. Craig is largely responsible for ushering in a new era for the firm by spearheading institutional-level processes in asset management, debt financing, legal structuring, and all other financial functions including accountancy, audit, treasury, and corporate finance.
Prior to joining PEG, Craig served as an executive consultant and CFO to several kinds of clients including private wealth, venture capital-backed startups, and most recently, established operational companies with up to $400 million in revenue. During that time, he advised key leaders on financial and legal issues, negotiated contracts, successfully reorganized companies, and navigated market cycles.
Even though Craig’s professional life revolves around numbers, he understands that capital means nothing without the complete confidence of the valued partners contributing initial investments. “The only real currency you have is trust,” Craig says. “At the end of the day, that’s what matters.”
Craig received his BS in Business Administration from Utah State University and his MBA from the Brigham Young University Marriott School of Business.
Long before PEG partners ever hear about an investment opportunity, Soren Halladay and his team have dissected it down to the detail. Using rigorous evaluation techniques, the Chief Investment Officer is known for his exceptional ability to minimize risk while formulating creative investment strategies. As the lead on all deal underwritings and Head of the Investment Committee, Soren leverages the firm’s experience and relationships to formulate and author PEG’s current investment strategies around suburban-urban infill development and acquisitions.
Soren’s well-rounded professional background allows him to approach real estate deals from a mature perspective. Before joining PEG, Soren worked in Los Angeles, mastering the data analysis process, underwriting building and land acquisitions, and performing accounting analyses. While serving as an auditor at Deloitte, Soren monitored the accuracy of real estate companies’ financial reporting and also earned his CPA.
Soren speaks from experience when he says that the key to developing a leading investment strategy is understanding ever-evolving market dynamics and immediately adapting to those. “Real estate is a living, breathing organism. You have economic factors, you have fluctuating interest rates, and you have equity raises,” Soren says. “Staying on top of those trends for every single asset class PEG has is crucial.”
Soren received his Master of Business Administration from University of California, Los Angeles and his Bachelor of Accountancy from Brigham Young University.
From structuring funds to navigating economic shifts, Jeff Warr’s primary role is to protect and position PEG Companies and its investors. As Chief Legal Officer, he adds a legal dimension to every business decision the company makes.
Jeff’s extensive experience in commercial real estate, commercial finance, and structured liquidation, combined with his legal over-sight of a massive, court-ordered real estate liquidation, has made him one of the most uniquely qualified real estate and finance attorneys in the Intermountain West. Prior to joining PEG, Jeff was a partner at Givens Pursley LLP, where his practice focused on complex secured financing, commercial real estate and leasing, general corporate governance, and business transactions. Since joining PEG, Jeff has played a major role in exploring new and innovative investment vehicles for the firm that continue to diversify PEG’s opportunities. He also successfully steered PEG through the COVID-19 pandemic, the most sudden and severe economic crisis the firm has ever had to weather, through mastering and judiciously leveraging federal relief programs in a very limited amount of time.
Throughout his professional career, Jeff has accumulated broad and varied experience, both in advising clients through private practice and as in-house counsel. “For me, becoming fully integrated and invested in the team, the vision, and the company’s goals is, by far, the most fulfilling way for me to contribute,” Jeff says. “Approaching my work not just as an attorney but also as a business executive and a coworker makes for much more comprehensive and strategic decision-making,” he says.
Jeff received his BS in Business Management from Brigham Young University and his JD from the University of Idaho College of Law.
Having spent his entire career optimizing institutional investment strategies at a diverse set of organizations, Michael Bingham is consistently systemizing methods for PEG Companies to raise the bar. He plays an integral role in streamlining procedural safeguards across the company, including the development and implementation of the group’s investment committee.
Since 2007, Michael has served as Co-founder and Chief Investment Officer of Blue Diamond Capital LLC, a family office investment management company and leading source of equity for PEG. So far, Michael has successfully grown the company portfolio 400% to a value in excess of $500 million.
Some of Michael’s memorable projects include the founding and rapid expansion of Edge Homes, a 2009 investment as part of a bankruptcy restructuring of Sportsman’s Warehouse (which today operates more than 60 stores across multiple states), and the ongoing development of Desert Color, a large mixed-use community in Southern Utah that will host homes, businesses, and prime recreation.
Today, in addition to his involvement at PEG and Blue Diamond Capital, Michael serves on the Utah State University Foundation Board. He contributed to a fundraising campaign that raised more than $500 million for the University.
Michael received both his BS and MS degrees in Accounting from Brigham Young University.
Jay Rollins sits on the PEG Companies Board of Directors as a partner in the firm. Backed by decades of fund management and finance experience, Jay has a strong influence in critical decision-making around the company’s strategic growth.
In addition to his role at PEG, Jay is the Co-Founder of JCR Capital, a real estate investment management company focused on discretionary funds. JCR Capital was sold to Walker and Dunlop in 2018. Jay now oversees the legacy portfolio. From 1999 to 2005, Jay was a Managing Director at GMAC, where he built a team of 17 professionals focused on making opportunistic loans to transitional multifamily, retail, office, land and industrial properties.
Prior to GMAC, Jay was the President and Founder of Eastern Realty Corporation, a “Resolution Trust Company era” real estate investment company. Eastern Realty managed four partnerships, each purchasing assets from the RTC and financial institutions. As General Partner, Eastern Realty resolved, repositioned and sold distressed notes and REO. These disposition efforts included debt restructurings, bankruptcy, litigation and development, as well as note and property sales. In 1996 Jay sold Eastern Realty to Crown North Corp and remained there as a senior executive until he joined GMAC.
Prior to Eastern Realty, Jay was Director of Finance for a large public homebuilder, NVR LLC (“NVR”). As part of this position, he was responsible for establishing project level lending relationships for NVR. Jay was also a key member of NVR’s internal restructuring team, which was responsible for loan workouts and restructurings with more than 20 project lenders. Prior to NVR, he was a real estate lender with three large regional banks in the Washington, DC metropolitan area: Dominion Bank, American Security Bank and Sovereign Bank.
Jay is a frequent speaker and guest lecturer on the topic of real estate finance at universities including the University of North Carolina, Virginia Tech University, University of Denver, as well as at professional symposia. Additionally, he has written numerous articles on the topic of commercial real estate finance. He is also the author of “Commercial Real Estate Finance Uncovered,” which is an industry favorite as a desk reference on how to underwrite and profit from commercial real estate.
Jay holds a Master of Business Administration, specializing in Finance, from George Washington University and a Bachelor of Science in Finance and Marketing from Virginia Tech.
In summary, Eric Olafson is a software guy with a real estate problem. Eric's software career ran over 25 years in retail/commerce as Co-founder and CEO/Chairman of Tomax, headquartered in Salt Lake City. Tomax was ultimately sold to Demandware in January 2015, which became part of Salesforce in 2016. Eric ‘retired’ from Salesforce in early 2018 to focus on his interests and investments in technology, real estate, and community service. In 2016, Eric partnered with PEG on land adjacent to Tomax headquarters that became part of the AC Hotel and Milagro multi-family project. This was the beginning of a great relationship with the PEG team as Eric and his wife Jaye invested in several PEG projects and subsequently, all of the PEG funds. “PEG is a very special company," Eric says. "We did our first deal on a handshake, a hallmark of the trust and integrity of the PEG team. Now of course, we’ve come a long way, but that culture is still driving the business.”
Real estate has always been a sidebar to Eric’s career. While growing Tomax, Eric and Jaye built and renovated office facilities to support the company as well as personal projects and homes. They also made multiple CRE investments in multifamily, hospitality, industrial, and assisted living facilities.
On the community front, Eric and Jaye support multiple programs that support the disadvantaged, disabled, and especially those on the autistic spectrum including Columbus Serves, Utah Autism Academy, Utah Autism Society, Guadalupe School, and local shelters and programs. Eric is also an investor and member of the global board of auticon GmbH. Headquartered in Munich, Germany, auticon finds people on the autistic spectrum that have special skills in technology. auticon consultants are deployed to leading companies across Europe and now in Canada and the United States.
Eric and Jaye are transplanted Canadians, but Utah has been their home for the past 30 years. Eric studied at the University of Winnipeg and University of Manitoba and graduated with an honors degree in economics (and a mathematics minor). "Utah has been a dream for Jaye and I," Eric says. "It’s the perfect storm of outdoorsy lifestyle, access to arts and entertainment, and an incredibly dynamic business climate."
With a deep passion for hospitality and rich family history in the hotel industry, Graydon Pearson has nurtured and grown a multi-generational family business into the high-performance hospitality management company that is In-Group Hospitality: A PEG Company is today. As the President of IGH, Graydon’s mission is to cultivate a best-in-class hospitality management company by delivering on its foundations core values of inspiration, respect, and diligence. These are demonstrated in his service of team members, guests, and vendors – always with an eye to investor returns and satisfaction.
Graydon spent his entire upbringing and youth honing his guest service skills in a variety of service positions at properties across the Intermountain West. Originally known as Pearson Enterprises, the family business Graydon’s father and grandfather built eventually reached an important crossroads when an opportunity emerged to partner with local developers in a joint-venture agreement, and that is how In-Group Hospitality: A PEG Company was born. Today, IGH and its hundreds of employees deliver tremendous value to guests while bringing top-notch management solutions to hotel owners like PEG Companies.
Graydon’s 20-plus years handling acquisition, new construction, renovation, and operations with major hotel brands including Hilton Hotels Group, Marriott International, Hyatt Hotels, and Intercontinental Hotels Group has uniquely positioned IGH to execute the highest level of service with a versatile network of partners. Despite attracting national recognition and winning major awards including CCIM 2018 Property Manager of the Year, Graydon finds his greatest fulfillment in inspiring valued team members at IGH’s 25-plus properties with opportunities to grow and progress professionally. “At its core, hospitality is about taking care of people,” Graydon says. “That has to start internally with our own company, and being able to influence and help others grow their careers is the real reward for me,” he says.
Graydon received his BS in Exercise Science from The University of Utah. He also serves on many volunteer and non-profit boards including Utah Valley Convention and Visitors Bureau, PDG Foundation, Utah Valley Tax Advisory Board, and more.
As one of PEG’s earliest primary leaders, Robert Schmidt plays an instrumental role in driving continued progression of the organization’s development capabilities. As President of the PEG Development group, Robert brings a healthy dose of reality to every project PEG tackles – always promoting accountability and commitment to remaining on time and under budget.
Robert was recruited by PEG, early on, after working with the firm on several developments as a licensed Professional Civil Engineer. Because of his technical background, Robert sees each project from a unique methodological perspective and designs buildings with safety, functionality, mechanics, traffic, environmental, topographical, and electrical details in mind. Because of Robert’s extensive experience on both sides of the development process, he has the unique ability to skillfully maintain momentum with all the moving parts of various mechanisms while unifying both partners and stakeholders.
While Robert has deep expertise in site design and layout, city entitlements, construction management, and purchase and sales contract negotiations, his favorite part of working in commercial real estate development is seeing his work come to life through each phase. “Each project takes on its own personality and to play a role in that is hugely satisfying,” Robert says.
Robert earned his BS in Civil Engineering from Utah State University.
A seasoned real estate professional with over 25 years of experience managing tens of thousands of units across the United States, Debra Spohn joined PEG Companies to take its property management services to the next level.
Immediately after formalizing PEG’s 2020 companywide roll-up, the firm hired Debra to lead the vertical integration of PEG Property Group (formerly known as VPS) and its then 19 operating assets into the PEG Companies umbrella. Having already established best-in-class operations platforms for several property management companies, Debra is ideally positioned to successfully execute on this responsibility. Prior to joining PEG, Debra played a key role in growing a small group of about 2,500 multifamily units into a sophisticated portfolio of nearly 35,000 units. Her strengths include acquisitions, due diligence, dispositions, investor reporting, property renovations, marketing, and strategic growth.
From building budgets to strategizing lease-ups, Debra’s data-driven decision-making process and overall approach continue to reap strong results. “Trust is built through action.” Debra says. “My utmost priority is to execute on the investment plan we presented to our partners to increase overall value and deliver returns at the highest possible rates. We do this through recruiting top-tier talent, incorporating best practices in management and maintenance, using cutting-edge technologies, and really understanding the market and economic forces that impact our assets.”
Debra is a licensed Utah real estate broker who also holds a CMP designation.
Equipped with over 20 years of construction management experience, a long track record of delivering projects on time and under budget, and a passion for relationship development, Nate Buckner joined PEG Companies to build a new branch of the organization from the group up. As the first ever President of PEG Construction, Nate is critical in fulfilling PEG's longtime quest to become an entirely "full service" firm with capabilities to manage every phase of the project life cycle including construction.
Having served as a project manager at various firms throughout the region, Nate has extensive firsthand construction experience and understands the complexities of managing day-to-day operations at a site while being a trusted advisor to ownership groups. Later. As Chief Estimator at Pentalon Construction, Nate developed a deep appreciation for systems, processes, structure, and meticulous attention to detail. In his final role prior to joining PEG as Director of Preconstruction at Zwick Construction, Nate mastered his value engineering capabilities, allowing him to create aesthetically appealing multifamily communities at a fraction of the market cost. Some of Nate's favorite projects include Ice House ($98 million), 6th and Main Apartments ($43 million), Skyhouse Downtown ($40 million), Wilmington Flats ($25 million), and Brookfield Apartments ($26 million).
Nate's goals for PEG Construction over the next several years include strengthening relationships by exceeding expectations. This process starts by leveraging highly motivated individuals who have a passion for success in the construction industry. Nate says he joined PEG because of the firm's shared sense of people-first values. “Construction is so much more than simply sticks and bricks. When your audience relates to your business’ values, it helps in building an instant connection," Nate says.
Nate earned his Master of Business Administration from University of Phoenix, his Bachelor of Science in Architecture from The University of Utah and his Associates in Construction Management from BYU-Idaho.
Striving for complete accuracy and meticulous attention to detail, Chase Jensen successfully leads the PEG Companies accounting departments. As Senior Controller, he places paramount importance on ensuring that every partner can rest easy, trusting that their wealth is in capable, honest hands.
Chase joined PEG in 2018 and brought with him deep expertise in financial reporting specific to real estate investment funds, comprehensive understanding of real estate valuation models for various asset classes, and experience in researching technical accounting issues. After graduating from Brigham Young University with his MS in Accounting, Chase spent nearly 10 years at Deloitte & Touche LLP, serving a variety of different real estate clients, including publicly traded real estate corporations, publicly traded and non-traded equity REITs, and non-traditional REITs. There, he also served a large real estate investment fund with approximately $16 billion under management across various asset types (multi-family, commercial office, senior housing, real estate debt). Chase is now utilizing his experience to perfect and streamline financial reporting processes at PEG, including the issuance of quarterly financial statements, quarterly investment valuations, compilation of annual audit reports, and overseeing the preparation of investors’ tax returns. Additionally, Chase and his team of about 20 individuals are implementing a new comprehensive accounting software that will upgrade PEG’s financial reporting system to extract data quicker, more efficiently, and ultimately, to optimize the overall investor experience.
Having previously consulted several companies through phases of rapid growth, Chase joined PEG at just the right time. “Putting processes and controls in place that manage the ambiguity associated with rapid growth is what keeps me interested and motivated. The more difficult it is, the more it pulls me in,” Chase says. “I enjoy being part of a solution that makes an impressive company like PEG even bigger and better than it was before.”
With deep experience in growing lines of business and building strategic partnerships across a diverse set of industries, Rachel Oh took on the challenging responsibility of helping transition PEG Companies from a regional commercial real estate development operator into a full-service commercial real estate development and investment company. As Managing Director of PEG Capital Partners, Rachel’s primary focus is to expand PEG’s network and educate valued investor partners on the attractive opportunities available to help them safely grow their wealth.
Prior to joining PEG, Rachel focused on building territories along the West Coast for major SaaS companies by securing, growing, and managing large enterprise accounts. By acquiring new clients and securing multi-year relationships with several Fortune 100 organizations, Rachel successfully developed new business lines and helped grow revenues year over year. Prior to her SaaS experience, Rachel spent several years in private wealth management, working closely with the Hollywood elite, large private foundations, high net worth individuals, and some of the most successful family offices around the country. Rachel also worked in both software application development and international trade, again - working with some of the world’s largest organizations. With this varied and broad experience, Rachel is now leveraging her extensive background to expand PEG’s sources of capital, nurture and grow relationships, and ensure that PEG’s pipeline of projects is well-funded and continues to grow.
While Rachel contributes to multiple business functions at PEG, she says the most fulfilling component of her work is establishing strong relationships built on integrity and trust. “We owe our ability to capitalize great projects to the investors who believe in our strategy. We work hard each and every day to build and maintain these relationships and earn the right to grow even more. It is both a privilege and a great responsibility,” Rachel says.
Rachel graduated from Brigham Young University with a BA in political science and University Honors.
Transforming underutilized, often unsightly areas of town into vibrant developments that communities enjoy is what Matt Hansen does best. The Vice President of Development discovered his passion for bringing people back to urban areas more than a decade ago and has continued to take on substantial projects that diversify and elevate PEG Companies, ever since.
Matt is accomplished in all phases of commercial real estate development, from concept to construction closeout and property management. A true student of the industry who makes it a priority to attain a comprehensive understanding of every market PEG enters, Matt shares his knowledge with both internal and external partners. He enjoys the mentorship component of his role in facilitating the performance of development managers at PEG.
Matt is known for his unique ability to design and execute projects using strategies with which everyone wins. He is consistently creating new opportunities to boost property values, encourage walkability, and beautify surrounding areas while maximizing returns for PEG and its investors. While striking the perfect balance of development factors is not easy, Matt firmly believes that there is always a solution for every problem. He says such solutions are found through thinking creatively and evaluating the “bigger picture” from various viewpoints and perspectives.
Matt earned his BS degree in Planning and Resource Management from Brigham Young University and his MS degree in Geography from The University of Utah.
Behind every PEG Companies project lies a unique story waiting to be told, and Ali Monsen is passionate about bringing those stories to life through strategic and compelling messaging. As Vice President of Branding & Communications, Ali oversees all outward-facing content, community engagements/PR, and branding strategy—both for PEG's development projects and the firm as a whole.
As early as her junior year in college, Ali began attracting national attention for her enterprise and investigative journalism work. After receiving multiple renowned awards and playing a key role in winning Brigham Young University's daily newscast the title of ‘Nation’s #1 College Newscast,’ Ali became the first on-air journalist in more than 30 years to break into the Salt Lake City market immediately following college. While reporting breaking news, crime, and politics while enterprising her own investigative stories, producing a popular news franchise that highlights Utah businesses, and hosting Utah's highest rated morning show Good Things Utah, Ali developed lasting relationships across the State that today benefit her at PEG.
Ali’s creativity and unique skill set continue to distinguish and enhance PEG in areas often overlooked in the real estate development and investment industries. “We are breaking new ground with many of our branding, marketing, and PR strategies, and these efforts position PEG with layers of competitive advantages,” Ali says. "Whether it’s launching a community-wide campaign to educate voters on a particular PEG project or sharing important information with our valued investors, it is extremely rewarding to share the PEG story."
Director of Construction Management , PEG Development
Director of Construction Management , PEG Development
Masterfully turning a concept into reality is what Brian Bready does best. As Director of Construction Management, his work begins the moment a project is approved for development.
With 35+ years of construction experience spanning the United States, Brian has acquired a versatile skill set that allows him to build in any environment. His organization and unparalleled ability to manage several entities at once continue to benefit PEG Companies and its partners as the firm’s market scope expands. Unique to the industry, Brian embodies an especially strong sense of enthusiasm for large-scale undertakings, as a result of his extensive experience supervising industrial construction. His specialties include contract administration/enforcement, quality control, design engineering, project forecasting, and budgeting.
Some of Brian’s most memorable management projects include Utah's Olympic Ski Jumps, new and improved facilities for Kennecott Utah Copper, numerous for-sale condominium projects, large-scale student housing, and market-rate apartment developments. “These projects will be around longer than I will be alive,” Brian says. “That brings me great pride.”
Brian earned his BS degree from Boise State University and his MS degree from Texas A&M University – both in Construction Management.
With a unique combination of private equity and entrepreneurial experience, Logan Sheffield has a deep understanding of private capital markets and institutional processes. Logan joined the firm to continue developing the investment management side of PEG Companies with a focus on enhancing the investor experience through designing and implementing institutional quality processes that position the firm for continued growth.
Early in his career, Logan spent time at industry leaders JP Morgan and Trammell Crow Company. Upon earning his MBA, he joined global private equity firm Partners Group where he worked directly on the real estate team. While there, Logan analyzed over $7 billion in fund and secondary investments opportunities that featured various strategies, property types, and locations. Additionally, he underwrote investments and completed special advisory projects for institutional clients such as CalPERS, CalSTRS, and other large institutions.
Logan also spent time as a founder and executive at a startup that was recognized by Inc. 500 as the 264th fastest growing company in the country. While there he was responsible for designing and implementing business processes that enabled the company to operate efficiently and positioned the company to scale. Prior to joining PEG, Logan worked at a boutique private equity firm that focused on making investments in real estate and real estate related technologies.
Logan’s experience at the highest level of investment management combined with his understanding of operational processes make him a natural fit to help lead PEG into the future. “I’m excited about where we are as a firm and our vision for the future. Our success in the past combined with the team we have in place has positioned us to be one of the top private real estate firms in the region.”
Logan received his BS in Finance from Brigham Young University and his MBA from The Leonard N. Stern School of Business at New York University.