Bloomberg Radio: The Fragile State of CRE

Greg Friedman’s life has been shaped by key economic shifts, from graduating before the dot-com bubble burst to navigating the Great Recession while founding Peachtree Group, where his ability to pivot has been crucial to the firm’s success over the past 15 years.

Despite a market downturn and inflationary pressures, retailers are still expanding across the U.S., prompting Mortgage Professional America to seek insights from Greg Friedman, CEO of Peachtree Group, on the surprising trend.

After many years focusing on the hospitality sector, Peachtree has recently expanded its investment strategy to other asset classes, transitioning from Peachtree Hotel Group to Peachtree Group. Together with its lending division, Stonehill, the private equity investor and lender is now active across all real estate sectors, including retail—which has been grabbing headlines in the past few years due to the multiple changes it underwent. Commercial Property Executive asked Peachtree Group Founder & CEO Greg Friedman to talk about the opportunities and challenges for investors looking at this constantly evolving asset class. Today, retail seems to be defying inflationary pressures as retailers continue to open storefronts and leasing spaces across the U.S.