Peachtree Provides $33M Refi for D.C. Hotel Near Nationals’ Ballpark
Featured in Commercial Observer: Peachtree Group originated a $33M bridge loan to refinance the 154-key Cambria Hotel Washington D.C. Navy Yard Riverfront.
2023 was a year marred by obstacles for borrowing across commercial real estate, particularly after a widespread crisis shook regional banks that are historically the biggest lenders in the space. Peachtree CEO Greg Friedman spoke with Hotel News Now about his prediction for 2024.
Insights Into the Lending Environment From Peachtree's Greg Friedman (costar.com)