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Commercial Observer: Peachtree Group Provides $35MM Refi for SoCal Hotels

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Peachtree Group's Keegan Bisch and the Courtyard by Marriott hotel in Palm Desert, Calif.

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Commercial Observer | Peachtree Group originated the floating-rate bridge loan for 4G Ventures’ 151-key Courtyard by Marriott and 130-key Residence Inn hotels, located adjacent to each other near the corner of Frank Sinatra Drive and Cook Street in Palm Desert. The deal carries a two-year initial term with three 12-month extension options.

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