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 - Sun Development & Management Corporation has inked $67.5 million of bridge financing for the recapitalization of a newly-opened Hilton-branded hotel in Nashville, Commercial Observer has learned.
Peachtree Group originated the three-year loan with two one-year extension options for the developer’s 187-room Printing House – Tapestry Collection by Hilton property that debuted this spring.
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