U.S. Hotel Lending Likely to Get More Challenging
Ester Hertzfeld with Hotel Management Magazine spoke with Peachtree SVP Jared Schlosser about the hotel lending market in her most recent article.
Commercial Observer | Core Acquisitions secured a $35MM loan from Peachtree Group to acquire the 428,000-square-foot Deerbrook Shopping Center in Deerfield, Illinois. The $44 million purchase features long-time anchor Jewel-Osco, supported by national tenants including Marshalls, Floor & Décor, Panera Bread, Starbucks and Sky Zone. Peachtree Group’s Taylor Pike noted the center’s strong retail fundamentals, high foot traffic, and value-add potential in its southern portion, emphasizing Core Acquisitions’ deep local knowledge and hands-on commitment. With nearby multifamily development and strong transit access, the property is well positioned for long-term demand.
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