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.
Peachtree Group Lending Explosion
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A wave of maturing debt has been a boon to business for Atlanta-based Peachtree Group. Peachtree Group, through its Peachtree Group Credit division, has deployed $556M in loans and another $526M to buy five hotels and develop another three projects. Recent deals include a $48M construction loan for a 215-room Autograph Collection hotel in Huntsville, Alabama, a $42.2M first mortgage loan to refinance the 133-room Motif on Music Row hotel in Nashville, Tennessee, and a $42M mortgage loan for the acquisition of Town Center at Cobb mall in Kennesaw.
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