About

Company

Since our founding in 2017, Rice Pegher has focused on scalable multi-family and commercial real estate projects that offer modern housing and commercial spaces for our tenants, improve communities through collaboration with local governments and policy makers, and drive returns for our stakeholders.

We’re a group of community-minded, energetic, and creative problem solvers on a mission to generate financial value for Rice Pegher and its lenders, investors, and partners. Our foundation for success is built on strengthening communities and providing best-in-class real estate options for our tenants... and having fun while doing it!

Eric Rice
Eric Rice
Chief Executive Officer

...is responsible for company vision, strategy, and execution toward the long term goals of Rice Pegher. On a day to day basis he is significantly involved in deal sourcing and analysis, syndication modeling, lender and investor relations, employee and contractor management, and community relations.

Eric has been involved in the real estate industry for more than 13 years, initially cutting his teeth in the DC metro area and Pittsburgh residential market’s before breaking into the world of commercial real estate investing in 2017.

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Patrick Rice
Patrick Rice
Principal

...is responsible for developing and maintaining company systems and infrastructure platforms that Rice Pegher relies on for daily business operations. He is deeply involved in deal analysis and sourcing, syndication positioning and investor relations, and brand design and marketing for the company.

Patrick built his career in technology working for ad agencies and startups in New York, Los Angeles, and San Francisco, and brings this unique experience to his approach at Rice Pegher.

Clayton Pegher
Clayton Pegher
Principal

...is responsible for leading the short- and long-term financial actions of Rice Pegher. His duties include managing cash flow and financial planning, as well as analyzing the company's financial strengths and weaknesses and proposing corrective actions. Clayton is integral to deal analysis, syndication modeling, investor relations, employee and contractor management, and lender relations.

Clayton is the Chief Executive Officer of Private Jet Center, an aviation services company and fixed base operator (FBO) with headquarters Zelienople, PA, and brings this unique experience to his approach at Rice Pegher.

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Team

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BenSchutrum

Ben Schutrum, Property Manager, is responsible for all aspects of property management including; resident placement, rent setting, property level finances, general maintenance, and resident satisfaction. Ben studied at Seton Hill University and began his career in real estate in 2018 as an operations manager with a property management company out of Greensburg PA.

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MitchellStiffler

Mitchell Stiffler, Maintenance Technician, is responsible for the upkeep of the Rice Pegher portfolio, including Mechanical, Electrical, and Plumbing (MEP) monitoring and maintenance, full unit turns, and preventative measures to ensure a high-quality of operation.

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ValerieMcCusker

Valerie McCusker, Executive Assistant, is responsible for assisting the principal partners in an administrative capacity. Her duties include being a liaison between principal partners and vendors while organizing clerical duties. Valerie is an administrative professional, leveraging her experience and strengths in executive communications from a background in Information Technology startups.

Thoughts

Blog 1
The Vacant Apartment Complex Project – Part One

This is the first in a 12 part series chronicling the 2 year process of purchasing and renovating an abandoned...

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