Commercial Observer: Peachtree Refis Arizona Industrial Development With $52M Loan

Peachtree Group ranked as the seventh largest U.S. commercial real estate investor-driven lender by the Mortgage Bankers Association ("MBA") 2023 loan origination rankings. In 2023, Peachtree deployed over $1.0 billion in commercial real estate credit investments. In addition, Peachtree ranked as a top-10 lender in the hotel sector for a third consecutive year.

Peachtree Group is thriving amid debt market dislocation, and anticipates deploying $1.0 billion in real estate credit investments within six months. ‍The credit investments primarily encompass originations for hotels, multifamily, industrial and student housing. In February, Peachtree closed one of the largest individual credit transactions in the firm's history with a $102.9 million three-year loan to recapitalize a 350‐room Marriott branded hotel in Sunnyvale, Calif.

Investing in a franchise hotel can be a good way to diversify your portfolio and to achieve solid returns over an extended period of time. Comfort letters are designed to provide a legal framework for lenders and franchisors to handle situations in which the hotel purchaser defaults on the loan. Here are some facts ever investor should know about comfort letters.