MINNEAPOLIS (Sept. 5, 2019) – United Properties announced today that Scott Peterson has joined United Properties as vice president of hospitality and residential development, effective Sept. 3, 2019. In this new role Peterson reports to Bill Katter, president and chief investment officer, United Properties Development.
Peterson joins United Properties with more than 13 years of residential and hotel experience across various markets. Most recently, he served as senior director of development and construction for CSM Corporation in Minneapolis over a five-year period in which his team executed on more than $200 million of lodging projects delivering several hundred newly constructed units. Prior to that he held senior construction management and land acquisition roles in the Lake Tahoe, California, Kauai, Hawaii and Las Vegas, Nevada, markets.
As vice president of hospitality and residential development, Peterson is responsible for generating and executing all facets of the hospitality and residential/workforce housing development cycle in Minneapolis and Denver, including site acquisition, project underwriting, design, development and construction. His areas of focus include non-senior residential projects and hotel development, including United Properties’ upcoming Four Seasons Hotel and Private Residences Minneapolis at RBC Gateway.
“Scott brings strong experience partnering with major hospitality brands to successfully develop new hotels,” said Katter. “I am very excited to have Scott join us.”
Peterson holds a Bachelor of Science in business management from Montana State University, Bozeman, Montana, and an Executive Master of Business Administration from the Eller College of Management at the University of Arizona, Tucson, Arizona. He is an active member of the MN NAIOP chapter and also dedicates his time to mentorships at the University of Minnesota’s Carlson School of Business and several other community organizations.
About United Properties
United Properties has been creating deep roots in the commercial real estate industry for more than 100 years. The company imagines new possibilities in real estate to help strengthen communities and create lasting legacies. United Properties provides market expertise for ground-up development, redevelopment and acquisitions of value-add and stable investments. The company invests in and develops office, industrial, retail, mixed-use and senior housing properties. United Properties is owned by the Pohlad Companies and is headquartered in Minneapolis, with an office in Denver. For more information, visit www.uproperties.com or follow on Twitter at @UPDeepRoots.