PEG Companies
PEG Companies is a privately held real estate firm founded in 2003 that develops, co-owns, and manages residential, commercial, and hospitality properties, including the AC Hotel Scottsdale Old Town. It serves travelers, tenants, and property owners, primarily across the western United States.
- Company typePrivate
- Founded2003
- HeadquartersProvo, United States
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
What PEG Companies does
PEG Companies is a privately held real estate investment, development, and property management firm headquartered in Provo, Utah, founded in 2003 and operating with 501-1,000 employees. The company operates across the full real estate lifecycle, developing, co-owning, and managing residential, commercial, and hospitality assets, with a disclosed flagship hospitality project being the AC Hotel Scottsdale Old Town in Arizona's Entertainment District (168 guestrooms, rooftop bar and restaurant, meeting spaces, fitness center), which opened on February 26, 2026.
The company's core business model combines real estate development with long-term co-ownership and on-site property management, generating revenue through hotel operations (rooms, F&B, meeting rentals, ancillary services) and management fees across its broader residential and commercial portfolio. PEG works with institutional brand partners such as Marriott's AC Hotels flag, and its operating model relies on direct property management distribution rather than third-party channels. The go-to-market is enterprise field sales in the sense that PEG originates, capitalizes, and operates each asset as principal and manager rather than intermediating deals.
Leadership transitioned in July 2025, with founder Cameron Gunter moving from CEO to executive chairman and Garett Bjorkman assuming the CEO role. The broader executive bench includes a CFO (Craig Bingham), Presidents for the PEG Property Group and the operating/COO function (Debra Spohn and Rob Fetzer), and a VP of Property Management (Annette Folch). No technology, AI/ML, or digital-product capabilities were disclosed in the available sources.
PEG Companies firmographics
Firmographics- Name
- PEG Companies
- Legal name
- PEG Companies
- Website
- https://pegcompanies.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- PEG Companies is a privately held real estate firm founded in 2003 that develops, co-owns, and manages residential, commercial, and hospitality properties, including the AC Hotel Scottsdale Old Town. It serves travelers, tenants, and property owners, primarily across the western United States.
- Ownership category
- akta.pro rank
PEG Companies industry classification
Industry- Product category
- Real Estate Development and Property Management
- NAICS
- Offices of Real Estate Agents and Brokers (53121)
- SIC
- Operators Of Nonresidential Buildings (6512), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE)
Keywords
Where PEG Companies is headquartered
LocationHeadquarters
- HQ city
- Provo
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
PEG Companies business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain
Revenue model
- Hotel Development and Management: PEG Companies develops, co-owns, and manages hospitality properties. Revenue is generated through hotel development, ownership stakes, and property management operations including guestrooms, food and beverage (rooftop bar and restaurant), meeting spaces, and fitness center services.
Go-to-market motion1 record
Distribution channels1 record
PEG Companies product offering
Product offeringCore offering
PEG Companies is a real estate firm that develops, co-owns, and manages properties across residential, commercial, and hospitality segments. The company operates across the full property lifecycle, with hospitality assets such as the 168-guestroom AC Hotel Scottsdale Old Town (rooftop bar and restaurant, meeting spaces, fitness center) anchoring its portfolio. It also provides investment and property management services for both residential and commercial real estate projects.
Product overview
PEG Companies is a real estate investment and development firm that develops, co-owns, and manages hospitality properties. The company's portfolio includes hotel assets such as the AC Hotel Scottsdale Old Town. PEG Companies operates across the full property lifecycle from development through management.
Differentiator
Problem solved
Functional benefit
Products and services
- AC Hotel Scottsdale Old Town A 168-guestroom hotel property developed, co-owned, and managed by PEG Companies, featuring a rooftop bar and restaurant, meeting spaces, and a fitness center, located in Scottsdale's Entertainment District and serving travelers, business guests, and tourists.
- Real Estate Development Services End-to-end real estate development services for residential and commercial projects, spanning site acquisition through construction and stabilization. Offered to investors, partners, and asset owners seeking an integrated developer for new real estate projects.
- Property Management Services Ongoing property management services for residential and commercial properties, delivered through PEG Property Group. Includes tenant relations, maintenance, and operational oversight for property owners and tenants.
- Real Estate Investment Services Investment services across residential, commercial, and hospitality real estate, including co-ownership arrangements with partners. Targeted at investors seeking exposure to PEG-developed and managed real estate assets.
Companies that use PEG Companies
Customer profileSegments1 record
Ideal customer profiles3 records
PEG Companies technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
PEG Companies partnerships and signals
Strategic signalScale indicators2 records
Recent moves5 records
Expansion highlights4 records
PEG Companies competitors and assessment
Company assessmentBroad incumbents
- Pebblebrook Hotel Trust: Pebblebrook is a publicly traded hotel REIT that owns and operates upscale urban and resort hotels, representing a larger incumbent in the same hospitality real estate category as PEG.
- Marriott International: Marriott is the franchisor of the AC Hotels brand that PEG operates, making it both a brand partner and a broad incumbent shaping the competitive landscape in which PEG's hotel competes.
- Hersha Hospitality Trust: Hersha is a hotel-focused REIT that owns and operates boutique and lifestyle hotels, comparable to PEG's lifestyle/hospitality real estate focus but at greater scale and with public-market capital.
- Host Hotels & Resorts: Host Hotels & Resorts is the largest publicly traded lodging REIT, owning luxury and upper-upscale hotels — a broad incumbent benchmark for PEG's hospitality real estate strategy.
Direct peers
- Sage Hospitality Group: Sage Hospitality develops, owns, and manages hotels and restaurants across the U.S., closely mirroring PEG's vertically integrated developer-owner-operator hospitality model.
- Highgate Hotels: Highgate is a major hotel operator, developer, and investor with a similar real estate + hospitality focus, competing for third-party management contracts and owned-hotel investments.
- Crescent Hotels & Resorts: Crescent manages and invests in branded and independent hotels across North America, providing directly comparable hotel management and ownership services to PEG's offerings.
- Aimbridge Hospitality: Aimbridge is one of the largest third-party hotel management platforms in North America, competing with PEG for management agreements and operating roles on branded hotel assets.
- Procaccianti Companies: Procaccianti is a privately held hotel development, ownership, and management firm with a comparable integrated model and similar scale to PEG.
Emerging players
- Whitestone REIT: Whitestone is a community-centered commercial REIT; while not hotel-focused, it represents a comparable smaller-scale private real estate operator that competes for real estate capital and tenants in similar markets.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
PEG Companies social profiles
Digital presencePEG Companies financial estimates
Financial estimateRevenue estimate
Valuation estimate
PEG Companies leadership team
Management profileNumber of profiles
Profiles6 records
PEG Companies funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PEG Companies M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PEG Companies
What does PEG Companies do?
PEG Companies is a real estate firm that develops, co-owns, and manages properties across residential, commercial, and hospitality segments. The company operates across the full property lifecycle, with hospitality assets such as the 168-guestroom AC Hotel Scottsdale Old Town (rooftop bar and restaurant, meeting spaces, fitness center) anchoring its portfolio. It also provides investment and property management services for both residential and commercial real estate projects.
Is PEG Companies a public or private company?
PEG Companies is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was PEG Companies founded?
PEG Companies was founded in 2003. It employs 501 to 1,000 people.
Where is PEG Companies based?
PEG Companies is headquartered in Provo, United States, in the North America region.
How does PEG Companies make money?
One revenue line is on record: hotel Development and Management.
Who are PEG Companies's main competitors?
Broad incumbents on record are Pebblebrook Hotel Trust, Marriott International, Hersha Hospitality Trust and Host Hotels & Resorts. Direct peers are Sage Hospitality Group, Highgate Hotels, Crescent Hotels & Resorts, Aimbridge Hospitality and Procaccianti Companies. Whitestone REIT is listed as an emerging player.
Does PEG Companies have an API?
No public API is recorded for PEG Companies.
What industry is PEG Companies in?
PEG Companies's product category is Real Estate Development and Property Management. Its primary akta.pro industry code is BPAJAMAE, Hospitality (Hotels & Resorts) Asset Management. Its NAICS code is 53121 and its SIC code is 6512.