All Articles
In The News
Credit

Commercial Observer: Peachtree Group Supplies $36MM Refi for Houston Hotel Conversion Project

Listen to Our Podcast!
Spotify Logo Icon
Amazon Music Logo Icon
I heart Radio Logo Icon
Apple Podcast Logo Icon
YouTube Logo Icon
Jared Schlosser of Peachtree Group and Le Meridien Houston Downtown

‍

Commercial Observer | Peachtree Group originated a $36.1MM three-year, floating-rate loan with two 12-month extension options for the DSG’s Meridien Houston Downtown hotel property located where the 1952-built Melrose Building once stood. In 2015, the developer acquired the office property, which was Houston’s first modern skyscraper, and repurposed it into a 250-room hotel that opened in 2017.

‍

Read More on Commercialobserver.com

‍

Related posts

If you enjoyed this article, read through these related press releases and insights.
Credit
In The News
5 min read

Commercial Observer: Peachtree Leads $63MM Debt Package for Washington State Apartments

Featured in Commercial Observer: Peachtree Leads $63MM Debt Package for Washington State Apartments
Read more
Credit
In The News
5 min read

Commercial Observer: Peachtree Group Provides $43M Loan in Fort Lauderdale Hotel Recap

Peachtree Group originated a $43.0MM recapitalization of the 218-room dual-branded Home2 Suites/Tru Fort Lauderdale Downtown.
Read more
Credit
In The News
5 min read

Commercial Observer: Peachtree Group Lends $59M on San Antonio Hotel Recap

Peachtree Group originated a $59.0MM recapitalization of the 343-room dual-branded AC Hotel and Element San Antonio Riverwalk.
Read more