Utah Business Honors Cameron Gunter as 2024 CEO of the Year

SALT LAKE CITY, UT – Utah Business today honored PEG Companies [“PEG”] Founder/CEO Cameron Gunter as a 2024 CEO of the Year, citing Gunter’s transformative impact on Utah real estate, critical investments across the state, and the countless jobs/opportunities he has created.

Gunter’s unwavering commitment to reimagining communities and enhancing people’s lives through leading-edge commercial real estate projects manifests in his grit. Raised on a dairy farm in Southern Idaho, Gunter has woven the farm-life principles that shaped his upbringing into the fabric and culture of the firm today, propelling PEG’s continued success.

“My favorite part about working with Cameron is that he is just about the hardest-working individual I have ever met,” said Rachel Oh, Managing Director of PEG Capital Partners, the investment management arm of PEG. “There is no task too big or too small for Cameron. He is the first to arrive, and often times, the last to leave. He leads by example and inspires all around him to give everything we have here at PEG.”

Over the years, Gunter has tackled incredibly challenging commercial real estate projects that others in the industry shied away from, crafting creative solutions that continue to bring lasting value to end users everywhere. Key projects include transforming a seemingly ‘unusable’ asbestos-contaminated parcel in the heart of downtown Salt Lake City into a stunning Marriott hotel by remediating the site entirely; helping tackle the major student housing shortage at Utah Valley University by building 1,600-plus state-of-the-art dorms directly adjacent to campus and funding a critical pedestrian tunnel that connects students to the university; pioneering one of the first systematized build-for-rent [“BFR”] concepts in the Mountain West, providing a desperately needed single-family rental housing solution for those grappling with today’s high interest rates, and more.

“Cameron has a bold vision for PEG and the commercial real estate industry. With that vision, he has strategically positioned PEG as a leading player in the industry while providing opportunities for investors and team members to grow with the company,” said Rob Fetzer, Chief Operating Officer at PEG Companies.

In recent years, Cameron transformed PEG from a for-hire developer into a vertically integrated full-service commercial real estate investment firm that handles every phase of the real estate life cycle from project inception to exit. With incredible foresight, Cameron restructured the organization pre-COVID and built out several subsidiary companies under the PEG Companies umbrella to now include PEG Capital Partners, PEG Development, PEG Construction, PEG Property Group, and PEG Hospitality Group.

Amidst fluctuating interest rates, labor scarcities, exorbitant construction expenses, and geopolitical volatility casting shadows of uncertainty across markets, commercial real estate investors today confront a myriad of hurdles. By underwriting all deals conservatively, spearheading creative investment strategies, and expanding PEG’s geographical footprint, Gunter continues to ensure the long-term feasibility and sustainability of the company’s growth. Today, with over 1,200 loyal team members and a robust portfolio of properties totaling over $1.9 billion in assets under management, PEG Companies stands as a testament to Gunter’s strategic foresight, dynamic leadership, and prioritization of people.

“What I love most about Cameron is that I never have to question his integrity,” said Craig Bingham, Chief Financial Officer at PEG. “He is always on the side of doing the right thing… he cares about those that work for him.”

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