Peachtree Group Refi's Charlotte Hotel with $41MM Loan

Peachtree Group (“Peachtree”) today announced it has completed the acquisition of First Western SBLC, LLC (formerly known as First Western SBLC, Inc.), which operates as PMC Commercial Trust (“PMC”), a Dallas-based nationwide direct lender specializing in Small Business Administration (“SBA”) 7(a) loans. PMC will continue operating under its existing name following the transaction, which received approval from the U.S. Small Business Administration and closed effective today.

JLL’s Hotels & Hospitality Group arranged refinancing for The Candler Hotel Atlanta, a 265-key boutique property operated under Hilton’s Curio Collection brand in downtown Atlanta’s central business district, through the Peachtree Group.

According to the release, the loan was provided by Peachtree Group, an Atlanta-based investment firm that has executed $13.9 billion in real estate investment deals. In 2024, Peachtree Group was ranked the seventh largest hotel lender in the U.S. by the Mortgage Bankers Association, the release notes.