Commercial Observer: Peachtree Lends $113M for Margaritaville Savannah
Peachtree Group provided a $113M bridge loan to convert Ann Street Lofts into the Margaritaville Hotel Savannah, supporting a landmark hospitality project set to open in 2027.
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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