Peter Cvelich Email & Phone Number

Durham, North Carolina, United States

Responsible for due diligence and investment underwriting of real estate development and acquisition transactions focused on affordable housing, workforce housing, market-rate apartments, and mixed-use and transit-oriented projects with public-private partnerships.

Durham, North Carolina, United States

Responsible for due diligence and investment underwriting of real estate development and acquisition transactions focused on affordable housing, workforce housing, market-rate apartments, and mixed-use and transit-oriented projects with public-private partnerships.

Raleigh-Durham, North Carolina Area

Provident1898 is a 15,000-SF coworking community of diverse entrepreneurs, innovators, and artists who are passionate about building a progressive and equitable workplace on a shared history and local ownership. Located on the historic grounds of the NC Mutual Life Insurance Company, in the Tower at Mutual Plaza, Provident1898 is inspired by Durham’s legacy of Black entrepreneurship and business success. The flexible, multi-industry workspace offers a range of customizable options for organizations at various stages of development with the ability to scale.

Raleigh-Durham, North Carolina Area

Responsible for coordinating all aspects of project development including feasibility assessment, financing, entitlements, design, construction, marketing, and leasing. Since partnering with the NSV team in 2015, Peter has managed the redevelopment of two of Durham’s iconic historic office buildings: an $8M renovation of the 41,000-SF Trust Building and a $11M renovation of the 212,000-SF Tower at Mutual Plaza.

Raleigh-Durham, North Carolina Area

Real estate development and project management firm, focused on urban infill and adaptive reuse commercial and mixed-use projects. Expertise includes market analysis, financial feasibility assessment, financing negotiations, lease negotiations, owner representation in design and construction.Sample Projects:- Project Management for Renovation and Stabilization of Trust Building (212 West Main St., Durham, NC) [complete]- Project Management for Renovation and Stabilization of Tower at Mutual Plaza (www.toweratmutualplaza.com, 411 W. Chapel Hill St., Durham, NC) [in progress]

Raleigh-Durham, North Carolina Area

Deliver real estate finance and development technical assistance to local government clients seeking to attract private partners and capital for transformative new development projects and revitalization of underutilized property in their downtown and urban centers. Lead project execution from initial scoping of services, work planning, market research, site constraints analysis, program design, financial modeling, public stakeholder engagement, consultant management, presentation of findings, and outreach to private development community.

Chapel Hill, Nc

Provided real estate development and project finance expertise to local governments across North Carolina with an emphasis on downtown redevelopment and building reuse. Assist local officials by assessing level of commercial property distress in central business district and proposing public and private financing tools to catalyze redevelopment. Assist individual developers by conducting market research to identify highest and best use for distressed properties and modeling the project financing, including use of tax credits to fill financing gaps.

Raleigh-Durham, North Carolina Area

Underwrote Low-Income Housing Tax Credit (LIHTC) equity financing for acquisition and rehabilitation of 1,500 units of affordable housing in Georgia and Virginia. Wrote investment summary for New Markets Tax Credit allocation to the adaptive reuse of an historic tobacco warehouse into a life science research facility. Prepared application to the U.S. Treasury CDFI Fund for New Markets Tax Credit allocation.

Chapel Hill, Nc

Conducted database research to identify high-growth firms in an 18-county region of Eastern North Carolina for survey to assess the drivers and barriers to business expansion, including marketplace, technology, financing and human capital. Designed a menu of technical assistance, leadership development, and research activities to promote retention and expansion of such companies in the region.

Durham, Nc

Chosen as one of 10 MBA students from across the U.S. to analyze business plans from early-stage social ventures for the Community & Economic Development track of IC’s Spring 2013 Venture Fair. Screened and ranked a dozen deals on the basis of the business model, competitive advantage, scalability, social and/or environmental impact, management team, financial performance and projections, and exit potential. Provided qualitative feedback to inform selection for Venture Fair and improve the quality of the entrepreneurs' business plan submissions.

Durham, Nc

Researched, wrote and presented three briefs on innovative policies and practices in affordable housing to inform the direction of fair and affordable housing in the City of Durham. Topics included measuring the affordable housing gap in the City, cleaning up and re-purposing environmentally contaminated sites (brownfields), and promoting development and preservation of affordable housing near planned light rail stations.

Chapel Hill, Nc

Conducted research for exploratory study of regional innovation systems and value chains supporting growth of advanced manufacturing industries in United States. Presented recommendations to N.C. Board of Science and Technology to assist industry clusters to deploy technologies and adopt flexible workplaces based on a case study of bio-manufacturing.

Research Triangle Park, Nc

Led the team's effort to prepare the fiscal-year plan to form local alliances with private firms and non-government organizations (NGOs) in Egypt and Jordan during the peak of the Arab Spring. Led monthly meetings among division leaders to discuss joint business development in the Middle East and North Africa, which initiated cross-functional marketing trips to the region.

Research Triangle Park, Nc

Performed market research to drive business development strategies with clients, including U.S Agency for International Development (USAID), other federal agencies, multilateral banks, and foundations. Developed and critiqued 70+ contract and grant proposals for international projects in economic growth, health, education, water supply and sanitation, and governance sectors. For instance, I wrote a tailored statement of the team capabilities and past performance in the winning proposal for a $20M workforce development project that trains infrastructure engineers and agribusiness leaders in Liberia. Created a communications plan to support an internal investment in early grade literacy business segment and wrote an award-winning report on best practices that influenced the USAID five-year education strategy. Designed systems for business opportunity tracking, client relationship management, proposal training, and intellectual capital management.

Charleston, Sc

Coordinated pilot of new program evaluation tool. Assessed impact of Metanoia CDC's homeownership program on local economy, neighborhood safety, and social cohesion using NeighborWorks Success Measures tool. Designed evaluation with stakeholder input, selected indicators, defined target sample size, assembled surveys, collected and analyzed data, and reported results to Metanoia and SCACDC leadership.

Chapel Hill, Nc

Wrote and edited articles on global education, research and service programs for UNC Global (global.unc.edu). Provided recommendations on design and structure of the website during development.

Wake Forest, Nc

Wrote and shot photographs for 3-5 hard news or feature stories per week on general assignment, covering community events, town government, schools, sports, and crime.

Master Of Business Administration (Mba), Real Estate, Dean'S Scholar

Master Of City And Regional Planning, Economic Development

Activities and Societies: Chaired Planners' Forum Speaker Committee and organized a symposium with American Planning Association President.

Bachelor Of Arts (B.A.), Journalism, International Studies

Activities and Societies: Studied in Montpellier, France (1 year); Editor-in-Chief/Web Designer/Writer for Patchwork Magazine; William R..