ATLANTA (Feb. 2, 2024) – Peachtree Group announced the company originated a $34.5 million loan for the acquisition and renovation of a 312-unit multifamily property in Gainesville, Fla., on behalf of Coastline Management Groups (Coastline), a Hollywood, Fla. based service-oriented real estate management company. The property, Pavilion on 62nd, is a 25-building, 312-unit multifamily used previously for student housing.
The Peachtree Group team originated the floating-rate bridge loan over a three-year term, representing 61% of the stabilized appraised value.
The multifamily property contains 31.74 acres and features two-, three- and four-bedroom units with onsite property management, two clubhouses, two swimming pools, workstation cubicles, a game room, a media room, rentable event room, a gym, indoor racquetball and half-court basketball, sand volleyball court, dog park and package receiving center.
Coastline will use approximately $5.0 million of the bridge loan proceeds to renovate unit interiors, convert four-bedroom units to three-bedroom units, expand the onsite amenities and complete deferred maintenance on exterior and common areas.
Peachtree Group is an investment firm driving growth with a diverse portfolio of commercial real estate assets and other ventures. We’ve executed hundreds of investments since inception with a focus on real estate acquisition, development, and lending. Today, we manage billions in equity, augmented by services designed to protect, support, and grow our investments.
Commercial Observer | Peachtree Group originated the three-year, floating-rate, $55MM bridge loan with two 12-month extension options for Hotel Amarano Burbank Hollywood, which Nimes Real Estate acquired in late 2019. The hotel is locate in Burbank, Calif., near Warner Bros. headquarters and Walt Disney Studios.
.png)
ATLANTA(September 22, 2025) - Peachtree Group ("Peachtree"), a leading commercial real estate investment firm overseeing a diversified portfolio of more than $8 billion, announced the hiring of Billy Gilchrist as senior vice president, originations. In this role, Gilchrist will be responsible for originating commercial real estate and hotel investments across Peachtree's lending platform.
Gilchrist brings more than a decade of leadership experience in finance, real estate and hospitality to Peachtree. He has a proven track record in executing large-scale acquisitions, new construction and capital improvement projects totaling more than $400 million. His expertise spans debt structuring, capital raising and asset management, making him a strong addition to the firm's credit platform.
"Billy's deep background in finance and real estate, combined with his ability to structure complex transactions and foster strong relationships, will be instrumental as we continue scaling our lending platform," said Jared Schlosser, head of originations and CPACE at Peachtree. "His appointment reflects our commitment to expanding our origination capabilities with leaders who bring both strategic vision and hands-on experience."
Before joining Peachtree, Gilchrist served as chief financial and investment officer of ARK, where he oversaw investment strategy, financial planning and operations. Previously, he held senior executive roles with Hotel Development & Management Group where he was instrumental in driving the company's development pipeline, acquisitions and investor engagement. Earlier in his career, he held positions with Insight Credit Union and BB&T, managing credit portfolios and small business relationships.
Gilchrist earned a Master of Science in entrepreneurship from the University of Florida's Hough Graduate School of Business and a Bachelor of Science in finance from the University of Florida's Warrington College of Business.
Commercial Observer | Pacifica Hotels has secured $126.1MM to refinance a portfolio of seven southern California hotels that hold a combined 601 rooms across San Diego, Pismo Beach, Venice, and Manhattan Beach.
Peachtree Group (along with Goldman Sachs) provided a three-year loan secured by the Belamar Hotel Manhattan Beach, which is part of the Hilton brand in Manhattan Beach, Calfornia.
