News Release: Peggy Lamb Joins the Opus Board of Directors

MINNEAPOLIS – July 1, 2025 – Opus today announced that Peggy Lamb has been elected to its board of directors. Lamb is managing director of Halstatt, a family owned investment firm based in Naples, Florida, and is a principal in its Halstatt Real Estate Partners, a women-owned real estate private equity firm.

“Peggy has an outstanding reputation for developing and implementing capital and real estate growth strategies for privately held real estate companies as well as Fortune 500 companies," said Bob Underhill, chair of the board of directors of Opus. “We are fortunate and grateful to welcome her to our board and to benefit from her expertise as we advance on our growth strategies.”

The Opus Board of Directors includes business and industry experts, as well as family members of Gerry Rauenhorst, who originally founded the business in 1953. It provides strategic guidance and supports responsible practices in many areas, including financial controls and audits, conflicts of interest, enterprise risk, investment management, corporate responsibility, board and leadership team composition, succession planning and executive compensation.

Prior to joining Halstatt in 2017, Lamb spent 15 years with Goldman Sachs, where she was a member of the management group for its investment banking division, chief of staff for the financing division and chief operating officer of its investment banking real estate department. She is a member of the SL Green Realty Corporation (SLG) Board of Directors and serves as chair of its compensation committee. She is also a member of the Starwood Credit (SCREDIT) Board of Directors, serving on its audit committee, and the Starwood REIT (SREIT) Board of Directors, serving on its audit and compensation committees.

Lamb earned her bachelor’s degree from the University of Illinois, and her master’s degree from Harvard Business School. She currently serves on real estate advisory boards for the University of Florida and Florida Gulf Coast University, and she is president of the Harvard Club of SW Florida.

About Opus
Opus is a group of commercial real estate development, design and construction companies headquartered in Minneapolis with offices and projects across the country. Opus operates as a vertically integrated multidisciplinary team with expertise in development, capital markets, finance, project management, construction, architectural design and engineering services. Opus includes Opus Holding and its operating subsidiaries: Opus Development Company, Opus Design Build and Opus AE Group. Specializing in industrial, multifamily residential, office, retail and institutional projects, Opus offers the unique combination of a design-build project delivery approach, driven by a client-centered team of experts and backed by enduring commitment to the community. For more information, visit www.opus-group.com and follow Opus on LinkedIn and Instagram.