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Provided on-going appraisal and advisory service to a pension fund client with regard to a number...
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Peter Bazeli
Senior Vice President

Email: pbazeli@weitzmanusa.com
VCard

Peter Bazeli is a Senior Vice President of The Weitzman Group, Inc. He joined the firm in 2004, and has since managed consulting assignments for real estate assets valued at well over $20 billion. He has capabilities in all property types, but specializes in residential and mixed-use development with particular focus on luxury housing, and has regularly consulted on projects in Miami, Seattle, San Francisco, Chicago, New York and throughout the northeastern United States.
Prior to joining The Weitzman Group, Mr. Bazeli was an Assistant Vice President and officer of Draper and Kramer, Incorporated, a privately-held real estate firm engaged in the acquisition, financing, development and management of commercial and residential property nationwide.

After receiving a Bachelor of Science degree in Marketing from the Foster College of Business Administration at Bradley University, Mr. Bazeli began his career with Draper and Kramer as a research analyst performing market analysis and underwriting services for the firm and its clients, including the AFL-CIO Building Investment Trust, State Farm, and JPMorgan. He then joined Draper and Kramer’s Retail Services Group, where he was responsible for the leasing of a 500,000 square foot portfolio for Draper and Kramer and third-party clients including Simon Property Group.

Mr. Bazeli next joined the Acquisitions and Development group to assist on a variety of new initiatives. He was instrumental in the acquisition, capitalization, and adaptive re-use development of the landmark Palmolive Building on North Michigan Avenue into condominiums. The Palmolive Building is one of Chicago’s most premier residential addresses, and is anchored at the ground level by Louis Vuitton and St. John Knits flagship boutiques. In addition, Mr. Bazeli has been involved with the successful conversion and marketing of more than 2,000 rental units to condominium ownership in Chicago, Boston, Miami, and Philadelphia.

Mr. Bazeli is a member of the Royal Institute of Chartered Surveyors (MRICS Designation) and the Urban Land Institute (ULI), and is a licensed real estate salesperson in the State of New York. He has been a guest speaker to groups including the Chicago Real Estate Council, the Chicago Architecture Foundation, the NYU Real Estate Masters Degree Program, and the Furman University Executive Lecture Series.

 
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