Thursday, 31 December 2015

Resorts & Cities appoints Chief Operating Officer

Resorts & Cities, the real estate developer behind Longonot Gate and Makuyu Ridge has appointed Peter Wairegi, as the company’s Chief Operating Officer and Board Adviser in a bid to give impetus to their re-branding and restructuring efforts.

Mr. Peter Wairegi, COO, Resorts & Cities. 
Mr Wairegi has a wealth of experience in the real estate spanning 29 years having started his real estate and finance career in 1985 in USA with century 21 Real Estate Group of companies.

He worked for many years as the CEO for Nationwide Mortgage Company, before joining Business Finance Group LLC. as its Managing Director and International Business Coach. He has lectured at KCA University, authored several Real Estate and Finance Text Books and served in various Boards over the years.

Mr. Wairegi brings many years of development, executive Leadership and international investment experience. He is a distinguished member of the Cambridge Who’s Who and a Fellow of The Kenya Institute of Bankers.

Mr. Wairegi holds a BA in Economics & Business University of Toledo, Ohio, USA and an Executive MBA, Finance & Management from Baldwin Wallace University, Ohio USA.

Mr Wairegi has sold over 20,000 residential units, 5000 plus commercial and retail properties. With over 9000 loans in the books and a volume of about $1.5 Billion (Ksh. 142 Billion) in the past 29 years. The experience he brings on board is quite vast,” said Lee Karuri, the Resorts & Cities Chairman.

He is currently a Lecturer at KCA University, School of Professional Programs, lecturing in Real Estate, Planning, Industrial Economics, Marketing, Finance, Development and Business Administration and was Chairman of the KCA University Foundation North America before he relocated to Kenya in June 2013.