Commercial Observer: $30M Refi for Hotels
Peachtree Group provided a $30M bridge loan to refinance two Ann Arbor hotels near the University of Michigan for Arbor Lodging.
Hotel Business: JLL arranges refinancing for The Candler Hotel Atlanta
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Hotel Business | JLL’s Hotels & Hospitality Group arranged refinancing for The Candler Hotel Atlanta, a 265-key boutique property operated under Hilton’s Curio Collection brand in downtown Atlanta’s central business district, through the Peachtree Group.
The hotel occupies a 17-story Beaux-Arts building, originally constructed in 1904 by Coca-Cola magnate and former Atlanta Mayor Asa Griggs Candler. Listed on the National Register of Historic Places, the landmark structure served as the original headquarters for Central Bank and Trust and stood as Atlanta’s tallest building for 23 years following its development.
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