Peachtree Group Acquires $330M+ in Loans as Credit Markets Shift
Peachtree Group announced it has acquired over $330 million in loans year-to-date from U.S. banks and private lenders, including a lender finance deal backed by loan portfolios.
Commercial Observer | Peachtree Group originated the three-year, floating-rate, $55MM bridge loan with two 12-month extension options for Hotel Amarano Burbank Hollywood, which Nimes Real Estate acquired in late 2019. The hotel is locate in Burbank, Calif., near Warner Bros. headquarters and Walt Disney Studios.
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