Latest news with #Peachtree
Yahoo
23-07-2025
- Business
- Yahoo
Peachtree launches $250M fund to jump on hotel market dislocation
This story was originally published on Hotel Dive. To receive daily news and insights, subscribe to our free daily Hotel Dive newsletter. Dive Brief: Peachtree Group launched a $250 million fund designed to capitalize on hotel market dislocation, the Atlanta-based commercial real estate investment firm announced Monday. The Peachtree Special Situations Fund was created for 'high-quality' hotel and other commercial real estate assets, some of which are mispriced 'due to today's capital market illiquidity rather than underlying fundamentals,' the company shared. Peachtree Managing Principal and CEO Greg Friedman said the investment firm believes the next 12 to 18 months 'offer some of the most compelling risk-adjusted opportunities we've seen since the global financial crisis.' Dive Insight: Nearly $1 trillion in commercial real estate loans will mature this year, and hotels will bear some of the largest refinancing and capital expenditure burdens, according to Peachtree. But as rates remain elevated, and liquidity tightens, the Peachtree Special Situations Fund is designed to 'step in where traditional capital has pulled back,' per the company. Last year, JLL projected that more hotel owners would sell than refinance as their loan maturity neared. 'This fund is about capitalizing on dislocation, not chaos,' Friedman said in a statement. 'We're targeting high-quality assets not distressed by systematic factors but by capital structure.' The fund will seek off-market acquisitions, such as underperforming hotels; preferred and hybrid equity, such as providing flexible capital to sponsors that need liquidity for acquisitions; and distressed purchases from lenders, often at discounts to outstanding loan balances. Peachtree said it will tap into its longstanding relationships with community and regional banks to source opportunities before they reach the broader market. The fund is seeking opportunities nationwide, though Peachtree noted that it expects 'significant' deal flow in markets with strong demand fundamentals and recent pricing resets such as Texas, Florida and California. As of last October, Peachtree's hotel credit transactions were up 176% year over year. As part of last year's Lodging Conference, Friedman said the hospitality industry could expect to see markets where regulatory challenges aren't present thrive over the next several years. Recommended Reading Certares acquires Hilton Boston Back Bay hotel for $171M Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
21-07-2025
- Business
- Business Wire
Peachtree Group Launches $250 Million Special Situations Fund to Capitalize on Hotel Market Dislocation
ATLANTA--(BUSINESS WIRE)--Peachtree Group ('Peachtree'), a leading vertically integrated commercial real estate investment platform, today announced the launch of its Peachtree Special Situations Fund, a $250 million fund designed to unlock value in mispriced, high-quality hotel and other commercial real estate assets due to today's capital market illiquidity rather than underlying fundamentals. Peachtree Group announced the launch of its $250 million Peachtree Special Situations Fund. 'We believe the next 12 to 18 months offer some of the most compelling risk-adjusted opportunities we've seen since the global financial crisis,' said Greg Friedman, managing principal and CEO of Peachtree. 'As balance sheet stress and refinancing hurdles intensify in the hotel space and other commercial real estate sectors, Peachtree is uniquely positioned to deploy capital where it's needed most, delivering attractive returns while providing real solutions for sponsors and lenders alike.' With nearly $1 trillion in commercial real estate loans maturing in 2025 and hotels carrying some of the largest refinancing and capital expenditure burdens, Peachtree's Special Situations Fund is positioned to step in where traditional capital has pulled back. Many hotel and commercial real estate owners who financed properties in the zero-interest-rate era now face gaps in their capital stacks as rates remain elevated and liquidity tightens. Peachtree's strategy bridges this gap by providing creative downside-protected capital solutions to reposition assets and unlock embedded value. 'This fund is about capitalizing on dislocation, not chaos,' Friedman said. 'We're targeting high-quality assets not distressed by systematic factors but by capital structure, and we're doing it with the speed, creativity and certainty of execution that have defined Peachtree's reputation for more than a decade.' The Special Situations Fund targets investments that sit between value-add and opportunistic, combining attractive upside potential with meaningful downside protection. Core strategies include: Off-market acquisitions: Securing underperforming or mispriced hotels as well as select multifamily, student housing, self-storage and other commercial real estate sectors for repositioning and stabilization. Preferred and hybrid equity solutions: Providing flexible capital to sponsors needing liquidity for acquisitions, development or refinancing with structures designed to protect basis and enhance current yields. Distressed purchases from lenders: Acquiring assets directly from banks through deed-in-lieu or post-foreclosure transactions, often at discounts to outstanding loan balances and well below replacement cost. Peachtree's fully integrated platform spans direct lending, CPACE financing, development, acquisitions and capital markets and provides a unique lens into shifting market dynamics. Longstanding relationships with community and regional banks and other stakeholders enable Peachtree to source high-value opportunities early before they reach the broader market. 'We're the first call when a sponsor or lender needs a fast, reliable solution,' Friedman said. 'Speed and surety of close are critical in this environment, especially when dealing with complex capital stacks and distressed notes.' The fund's geographic focus is nationwide, with significant deal flow expected in markets with strong demand fundamentals and recent pricing resets, including Texas, Florida and California. Peachtree expects to hold its first close within the next 60 to 90 days and complete the final close within its targeted 18 months following the initial close. About Peachtree Group Peachtree Group is a vertically integrated investment management firm specializing in identifying and capitalizing on opportunities in dislocated markets, anchored by commercial real estate. Today, the company manages billions in capital across acquisitions, development and lending, augmented by services designed to protect, support and grow its investments. For more information, visit THIS IS NOT AN OFFER OR SOLICITATION TO PURCHASE ANY SECURITY. AN OFFERING IS MADE ONLY BY THE PRIVATE PLACEMENT MEMORANDUM. SECURITIES OFFERED THROUGH PEACHTREE PC INVESTORS, LLC MEMBER FINRA/SIPC.
Business Wire
08-07-2025
- Business
- Business Wire
Peachtree Group Introduces Debt-Free DST Opportunity in High-Growth Phoenix Submarket
ATLANTA--(BUSINESS WIRE)--Peachtree Group, a leading commercial real estate investment firm with a multibillion-dollar portfolio of equity and debt investments, has launched its latest hotel property structured as a Delaware Statutory Trust (DST). The 128-key SpringHill Suites Phoenix West Avondale is located in Avondale, Ariz., within the Phoenix metropolitan area. Peachtree Group launched its latest hotel property structured as a Delaware Statutory Trust (DST) with the 128-key SpringHill Suites Phoenix West Avondale. Share This is Peachtree's ninth DST offering since the firm launched the program in 2022. The SpringHill Suites Phoenix West Avondale opened in August 2024 and is positioned to benefit from the area's strong population growth and economic expansion. Avondale is one of the fastest-growing cities in Maricopa County, with new residential and commercial developments driving local demand. The broader Phoenix metro area added nearly 85,000 residents between 2023 and 2024 and continues to rank among the fastest-growing regions in the country. 'This newly developed property represents everything we look for in a DST offering. It features strong market fundamentals, a leading brand and long-term upside supported by sustained demand channels across corporate, healthcare and leisure,' said Tim Witt, president of 1031 Exchange and DST Products at Peachtree. SpringHill Suites serves the growing all-suites segment by offering stylish accommodations, modern design, expanded suites and enhanced amenities. In addition, the hotel will not require a change-of-ownership Property Improvement Plan and will benefit from affiliation with the SpringHill Suites brand and Marriott's global distribution and loyalty platform, which surpassed 228 million members in 2025. 'The SpringHill Suites Phoenix West Avondale gives investors access to a newly built, debt-free asset in one of the country's fastest-growing metropolitan areas,' Witt said. 'It is an ideal opportunity for those seeking tax deferral through a 1031 exchange while maintaining exposure to the hospitality sector, which continues to demonstrate strong fundamentals and long-term resilience.' Peachtree's DST offerings provide a tax-efficient option for investors reinvesting proceeds from appreciated real estate. The firm's nine DST offerings represent more than $291 million in debt-free real estate transactions. Each property aligns with Peachtree's strategy of acquiring branded hotels in high-growth markets, pursuing value-add opportunities and leveraging experienced hotel management to drive performance and long-term value. Peachtree continues to support 1031 exchange investors by offering a streamlined path to passive, income-producing real estate investments that align with the firm's commitment to generating strong, risk-adjusted returns. About Peachtree Group Peachtree Group is a vertically integrated investment management firm specializing in identifying and capitalizing on opportunities in dislocated markets, anchored by commercial real estate. Today, the company manages billions in capital across acquisitions, development and lending, augmented by services designed to protect, support and grow its investments. For more information, visit Securities offerings are distributed by Peachtree PC Investors, LLC, member: FINRA/SIPC. This announcement does not constitute an offer to buy securities. DST Interests are illiquid, speculative and involve a high degree of risk. Prospective Investor should consult with his, her or its own tax advisor regarding an investment in DST Interests and the qualification of his, her or its transaction under Section 1031 for his, her or its specific circumstances.
Business Wire
26-06-2025
- Business
- Business Wire
Peachtree Group Promotes Jared Schlosser to Head of Originations & CPACE
ATLANTA--(BUSINESS WIRE)--Peachtree Group ("Peachtree"), a leading commercial real estate investment firm, has promoted Jared Schlosser to head of originations for all commercial real estate and hotel lending, in addition to continuing his role as head of the firm's Commercial Property Assessed Clean Energy ("CPACE") lending program. Peachtree Group promoted Jared Schlosser to head of originations for all commercial real estate and hotel lending, in addition to continuing his role as head of the firm's CPACE lending program. Share "Jared's promotion is a direct reflection of the momentum we're seeing across our credit platform," said Daniel Siegel, president and principal CRE at Peachtree. "Jared's leadership in CPACE and his broader origination experience make him the ideal choice to lead this next phase of growth." Schlosser will work alongside Siegel, who joined Peachtree in 2022 to expand its credit platform and has since originated nearly $1.5 billion in commercial real estate loans. "As Peachtree grows into a leading provider of private credit across commercial real estate, we're strengthening the team and centralizing our origination efforts to better serve sponsors across the capital stack," said Greg Friedman, managing principal and CEO of Peachtree. "Jared has consistently demonstrated strong leadership, and this expanded role positions him to help us scale our platform and deepen our impact across commercial real estate." In 2024, Peachtree originated $1.6 billion in hotel and commercial real estate loans, ranking seventh among investor-driven lenders in the U.S., according to the Mortgage Bankers Association. The firm is on track to surpass $2.0 billion in originations in 2025. "It's been incredibly rewarding to help build our lending platform during a pivotal time for the industry," Schlosser said. "I'm honored to take on this new role and look forward to working with our talented team as we continue to expand our reach, deliver creative capital solutions and build on the momentum we've created across asset classes." About Peachtree Group Peachtree Group is a vertically integrated investment management firm specializing in identifying and capitalizing on opportunities in dislocated markets, anchored by commercial real estate. Today, the company manages billions in capital across acquisitions, development and lending, augmented by services designed to protect, support and grow its investments. For more information, visit
Business Times
23-05-2025
- Business
- Business Times
Manulife US Reit gets nod to extend asset disposal deadline to Dec 31
[SINGAPORE] The manager of United States office real estate investment trust (Reit) Manulife US Rei t (MUST) on Friday (May 23) announced it has received approval from lenders to extend the deadline for the disposal of assets by six months to Dec 31. The Reit will use US$25 million in cash, in addition to proceeds from the sale of Class A office building Peachtree in Atlanta, US, to partially pare down debts due in 2026, 2027 and 2028. The extension will give MUST more time to meet obligations under the Master Restructuring Agreement. Under this agreement, MUST can dispose up to four Tranche 1 and/or Tranche 2 assets, which are considered non-core assets, to third-party buyers, in order to raise minimum net sales proceeds of US$328.7 million by Jun 30. These assets refer to the Reit's existing properties, which were classified into different tranches. The manager plans to procure the sale of certain Tranche 1 and Tranche 2 assets, which carry high-to-medium occupancy risks, capital expenditure requirements and low-to-medium return potential. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up Tranche 1 assets included the Reit's Centerpointe, Diablo, Figueroa and Penn properties, while Tranche 2 assets included its Capitol, Exchange, Peachtree and Plaza properties. The Reit previously sold two Tranche 2 assets, Capitol and Plaza. In a bourse filing, its manager said it has received approval from lenders to amend the agreement to allow for the disposal of up to three Tranche 2 assets, as well as to divest Peachtree, another Tranche 2 asset. 'Based on the cumulative proceeds from the sales of Capitol, Plaza and Peachtree, MUST will have achieved 82 per cent of the net proceeds target, or US$60 million short of the net proceeds target,' said the Reit manager. The extension also allows MUST time to maximise opportunities to sell Tranche 1 assets and engage with stakeholders and potential buyers in current market conditions. This extension is conditional on the completion of the sale of Peachtree. The sale is expected to be completed by June this year. Assuming that the Peachtree divestment was completed as at Mar 31 this year, and the estimated net sales proceeds and additional US$25 million of cash are used to repay existing loans, MUST's pro forma aggregate leverage is expected to improve to 56.3 per cent from 59.4 per cent, said its manager. The pro forma weighted average interest cost is expected to reduce to 3.9 per cent from 4.4 per cent, and the pro forma weighted average debt maturity will also be extended to 3.1 years from 2.7 years. Units of MUST closed 1.6 per cent or US$0.001 higher at US$0.062 on Friday, before the announcement.
