Commercial Observer: Peachtree Lends $85M in Myrtle Beach Hotels’ Recap
Featured in Commercial Observer, Singerman Real Estate has landed $85 million of bridge debt from Peachtree Group for the recapitalization of two hotels in Myrtle Beach, S.C.
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.