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.
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.
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