Doradus Partners has nabbed $41 million of bridge financing to refinance a Hilton-branded Charlotte hotel property, Commercial Observer has learned.
Peachtree Group, formerly Stonehill, provided the floating-rate loan on Doradus’ 181-room Home2 Suites by Hilton Charlotte Uptown. Click here to read more.
Lionsgate and Roadside Attractions have taken North America to the Nicolas Cage feature The Surfer which received a six-minute standing ovation at Cannes following its midnight section premiere. A 2025 theatrical release is planned. Read more on Deadline.
There is a record amount of debt maturities in 2024 at close to $1T, and another $1T over the next two years, notes Greg Friedman CEO Peachtree Group.
In this interview with Schwab Nework, he discusses commercial real estate and how the market is still pricing in 50BPS of cuts between now and the end of the year, and its increasingly looking like faith rather than “data driven.”
Watch the full interview here.
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Greg Friedman, CEO of Peachtree Group, joins CNBC’s ‘The Exchange’ to discuss how the lending slowdown is creating opportunity for private credit.