What M Peters Group does

M Peters Group is a privately held, boutique real estate development firm headquartered in Greenville, South Carolina, that specializes in the redevelopment of environmentally contaminated sites and abandoned historic buildings into mixed-use, mixed-income communities. The firm's core technology is not software but rather a structured finance and project execution capability: it navigates complex environmental remediation requirements and syndicates multiple State and Federal financing instruments simultaneously — New Markets Tax Credits, Federal Historic Tax Credits, State Brownfield Tax Credits, State Textile Rehabilitation Tax Credits, Low-Income Housing Tax Credits, and Tax Increment Financing Bonds. This stack was deployed to assemble the largest Industrial Recovery Tax Credit in Indiana's history for the Kitselman Pure Energy Park and the City of Easley's first TIF district via Cornerstone 1909.

The portfolio comprises six named development assets: Plush Mills (24,000 sq ft historic mill re-use in Greenville), Newry Mill (197-unit adaptive re-use and new-construction project on a 9-acre Lake Hartwell parcel), Gordon Street Mill (Safe Harbor nonprofit headquarters plus 116 affordable LIHTC apartments), Kitselman Pure Energy Park (128 affordable units, 5 MW solar farm, and trail extension on a 70-acre brownfield), Cornerstone 1909 (13-unit condominium conversion), and Cottage Gate Subdivision. The firm is led by three partners — Mark Peters (President, 30 years experience), Jennifer Gosnell (EVP, former practicing architect), and Istvan Bognar, MD (Strategic Partner, healthcare operator) — supported by 1-10 total employees.

The revenue model is project-based real estate development: the firm generates income through property appreciation, rental income from commercial and residential tenants, and fees associated with tax-credit syndication and development oversight. Go-to-market is enterprise field sales via direct relationships with municipal and county government partners, supplemented by anchor tenant negotiations with nonprofits and commercial operators. Pricing is not publicly disclosed and varies by project scope, environmental conditions, and financing structure.

Name

M Peters Group

Legal name

M Peters Group

Website

https://mpetersgroup.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

M Peters Group is a Greenville, SC-based boutique real estate developer that redevelops contaminated sites and abandoned historic mills into mixed-use, mixed-income communities, primarily in South Carolina and Indiana, using stacked State and Federal tax credit and TIF financing structures.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Remediation Services (562910)

SIC

Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Urban Renewal, Brownfield Redevelopment & Land Reuse (BPAIANAI)

akta.pro secondary industry

Brownfield Site Assessment & Remediation (BPALAKAA)

Keywords

• Real estate development
• Adaptive reuse redevelopment
• Mixed-use property development
• Tax credit financing
• Brownfield site remediation

Headquarters

HQ city

Greenville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Others

Revenue model

1. Real Estate Development: The company generates revenue through the development and lease/sale of residential (market-rate and affordable), commercial, and mixed-use properties. Revenue is derived from property appreciation, rental income from commercial tenants, and the syndication of innovative State and Federal financing and tax credit programs.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

M Peters Group is a real estate development company that redevelops abandoned buildings and environmentally contaminated sites into mixed-use, residential, and commercial properties. The firm specializes in overcoming environmental, legal, financial, and cultural barriers to redevelopment through environmental remediation and the syndication of innovative State and Federal financing and tax credit programs (New Markets Tax Credits, Federal Historic Tax Credits, State Brownfield Tax Credits, State Textile Rehabilitation Tax Credits, LIHTC, and TIF Bonds).

Product overview

M Peters Group is a real estate development company offering a portfolio of distinct property redevelopment projects. The company's offerings include historic mill adaptive re-use projects (Plush Mills, Newry Mill, Gordon Street Mill), contaminated site remediation and redevelopment (Kitselman Pure Energy Park), mixed-use condo conversions (Cornerstone 1909), and residential subdivision development (Cottage Gate Subdivision). Each project utilizes various federal and state financing programs including New Markets Tax Credits, Historic Tax Credits, Brownfield Tax Credits, and TIF financing.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Awarded largest Industrial Recovery Tax Credit in Indiana's history for Kitselman Pure Energy Park
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• The City of GreenvillecoreStrategic or Co-development PartnerPartnership with The City of Greenville on Plush Mills redevelopment project. M Peters Group developed a pocket park, provided accessibility improvements, realigned sidewalks, increased security lighting, and provided additional public parking. The partnership transformed a blighted historic mill into a community asset.
• The City of MunciecoreStrategic or Co-development PartnerPartnership with The City of Muncie for Kitselman Pure Energy Park redevelopment. The project included a County issued TIF Bond for infrastructure development and a land donation to the City for a new gateway park. Extension of the White River Trail was also part of the partnership.
• The City of EasleycoreStrategic or Co-development PartnerPartnership with The City of Easley for Cornerstone 1909 renovation project. This project served as the basis for the City of Easley's first TIF (Tax Increment Financing), demonstrating innovative financing collaboration.
• Safe HarborcoreStrategic or Co-development PartnerSafe Harbor is a tenant at Gordon Street Mill campus, occupying a new headquarters with 54 individual shelter beds and office/meeting space for all of their support services. Gordon Street Lofts provides 116 affordable apartments adjacent to this facility.
• Co-working Office Space CompanycoreChannel Partner/ Reseller/ DistributorPlush Mills is leased to a co-working office space company for use by startups and existing businesses. The tenant provides discounts to local nonprofit agencies, and M Peters Group provides free memberships to agencies with missions that meet specific community needs.
• Carolina Nephrology PAminorStrategic or Co-development PartnerIstvan Bognar, MD is a partner in M Peters Group and also serves as managing partner of Carolina Nephrology PA. Represents a healthcare connection within the partnership team.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Woda Cooper Companies: Mid-size affordable and market-rate housing developer with adaptive re-use and LIHTC experience, sharing M Peters Group's project scale and reliance on public financing programs.
• BRIDGE Housing: Nonprofit affordable housing developer with a mission to build diverse, inclusive communities — directly comparable to M Peters Group's affordable housing and community amenity (parks, trails) focus.
• L+M Development Partners: Affordable, mixed-income, and market-rate housing developer with extensive historic preservation and adaptive re-use experience across urban markets, sharing M Peters Group's focus on layered public financing.
• McCormack Baron Salazar: Urban redevelopment firm focused on underserved neighborhoods and complex mixed-finance projects, comparable to M Peters Group's mission-driven approach to blight remediation and community revitalization.
• Pennrose: Mixed-income, mixed-use, and affordable housing developer with active adaptive re-use and historic preservation work, closely aligned with M Peters Group's rehabilitation of mill and industrial sites into mixed-use communities.
• The Community Builders: Mission-driven affordable and mixed-income housing developer working with municipalities on complex urban redevelopment, comparable to M Peters Group's public-private partnership model for blighted property transformation.
• Beacon Communities: Developer and owner of affordable and mixed-income housing with experience in adaptive re-use and historic rehabilitation, using LIHTC and tax credit financing structures similar to those deployed by M Peters Group.

Broad incumbents

• The Michaels Organization: National developer, owner, and manager of affordable, market-rate, and student housing with experience in tax credit-financed developments — broader in scope and scale than M Peters Group but sharing the affordable housing development focus.
• The NRP Group: National affordable, mixed-income, and market-rate multifamily developer operating at significantly greater scale than M Peters Group, but with overlapping LIHTC-driven production model and adaptive re-use capability.
• WinnCompanies: Large multi-family owner, developer, and manager with a substantial affordable housing portfolio and historic rehabilitation projects, representing a scaled version of M Peters Group's development-plus-operations thesis.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about M Peters Group