Commercial Observer: Peachtree Lends $113M for Margaritaville Savannah
Peachtree Group provided a $113M bridge loan to convert Ann Street Lofts into the Margaritaville Hotel Savannah, supporting a landmark hospitality project set to open in 2027.
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.
Read full article By Jared Schlosser on HotelBusiness.com
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