Securing financing in today's capital markets is one of hotel owners and developers' greatest hurdles. Post-pandemic optimism has collided with a far more complex economic landscape defined by stubbornly high interest rates, cautious lenders and evolving risk appetites. While banks and CMBS lenders once anchored most hotel capital stacks, private credit has stepped into a central role, becoming not only an alternative but often the primary solution in today's environment.
Commercial Observer | Peachtree Group originated the three-year loan with two 12-month extension options for the developer's 123-key Aloft Cupertino, California. Loan will fund an reno of the 2013-built property situated two blocks from Apple's Infinite Loop Campus.
Atlanta Business Chronicle | Atlanta Based Peachtree Group provided at $42MM loan to finance Banyan Street Capital’s acquisition of Atlanta Financial Center, the high profile office complex in the heart of Buckhead. The lender announced that it originated a floating rate first mortgage loan with a three year initial term and 1 year extension option.
Commercial Observer | Shopoff Realty Investments has sealed a $52 million loan to refinance a newly built industrial project in suburban Phoenix, Commercial Observer has learned.
Peachtree Group originated the bridge loan for Shoproff’s planned 270-acre The Block at Elliot development at the intersection of East Elliot Road and South Sossaman Road in Mesa, Ariz.
