Peachtree Group sets record with $2.0B in private credit deals
ATLANTA (Oct. 13, 2025) – Peachtree Group (“Peachtree”), a diversified commercial real estate investment firm, has completed more than $2.0 billion in private credit transactions through September 2025 across 77 deals, marking a record year already. The firm is on pace to approach $2.5 billion for the full year, a notable increase from 2024 that underscores the expanding role of private credit in commercial real estate as traditional lenders remain cautious in a market shaped by tighter liquidity and ongoing volatility.
“Our ability to consistently execute at a high level is a direct function of the ecosystem we’ve built over the last 18 years,” said Greg Friedman, Peachtree’s managing principal and CEO. “Our vertically integrated credit platform that spans origination, underwriting, servicing and asset management enables us to be proactive where many are reactive, delivering certainty and stronger out comes for our borrowers and investors.”
Banks, which traditionally account for half of commercial real estate lending, have tightened credit standards or pulled back entirely. That shift has opened new opportunities for private credit lenders like Peachtree to offer flexible financing for acquisitions, construction, refinancings and recapitalizations.
“We are seeing strong demand from institutional-quality borrowers looking for certainty of execution in a disrupted lending market,” said Michael Harper, Peachtree’s president, hotel lending. “This year’s growth underscores our ability to deliver creative capital solutions across asset classes, including hotels, multifamily, industrial, office and land.”
Peachtree has originated approximately $1.1 billion in hotel loans this year, selectively leaning into multifamily, office and industrial, where dislocation or supply constraints are creating compelling opportunities for well-structured credit investments.
Notable transactions completed included:
· $68.2 million first mortgage loan for the AC hotel in Seattle, Wash.
· $59.0 million first mortgage loan for the AC/Element Riverwalk hotel in San Antonio, Texas
Private credit activity is expected to remain strong, driven by a wave of debt maturities, continued tighter bank lending and the need for refinancing or recapitalization of projects nearing stabilization.
“With nearly $3 trillion in U.S. commercial real estate debt maturing by 2028, private credit lenders are positioned to step into a market hungry for capital,” said Jared Schlosser, head of originations and CPACE at Peachtree. “Our ability to provide flexible capital at scale, even in complex situations, positions us as a trusted partner for borrowers navigating today’s market.”
In 2024, Peachtree deployed $1.6 billion in credit transactions, representing a 54% increase from the prior year, and making the firm one of the largest investor-driven commercial real estate lenders in the United States, according to the Mortgage Bankers Association.
Peachtree offers a full range of financing options, including permanent loans, bridge loans, mezzanine financing, CPACE, preferred equity and triple net lease financing, providing tailored solutions across the capital stack.
“As we continue to scale our lending platform, we remain focused on serving borrowers with creativity, certainty and speed, which have long defined Peachtree’s approach to private credit,” Schlosser said.
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ATLANTA (Oct. 13, 2025) – Peachtree Group (“Peachtree”), a diversified commercial real estate investment firm, has completed more than $2.0 billion in private credit transactions through September 2025 across 77 deals, marking a record year already. The firm is on pace to approach $2.5 billion for the full year, a notable increase from 2024 that underscores the expanding role of private credit in commercial real estate as traditional lenders remain cautious in a market shaped by tighter liquidity and ongoing volatility.
“Our ability to consistently execute at a high level is a direct function of the ecosystem we’ve built over the last 18 years,” said Greg Friedman, Peachtree’s managing principal and CEO. “Our vertically integrated credit platform that spans origination, underwriting, servicing and asset management enables us to be proactive where many are reactive, delivering certainty and stronger out comes for our borrowers and investors.”
Banks, which traditionally account for half of commercial real estate lending, have tightened credit standards or pulled back entirely. That shift has opened new opportunities for private credit lenders like Peachtree to offer flexible financing for acquisitions, construction, refinancings and recapitalizations.
“We are seeing strong demand from institutional-quality borrowers looking for certainty of execution in a disrupted lending market,” said Michael Harper, Peachtree’s president, hotel lending. “This year’s growth underscores our ability to deliver creative capital solutions across asset classes, including hotels, multifamily, industrial, office and land.”
Peachtree has originated approximately $1.1 billion in hotel loans this year, selectively leaning into multifamily, office and industrial, where dislocation or supply constraints are creating compelling opportunities for well-structured credit investments.
Notable transactions completed included:
· $68.2 million first mortgage loan for the AC hotel in Seattle, Wash.
· $59.0 million first mortgage loan for the AC/Element Riverwalk hotel in San Antonio, Texas
Private credit activity is expected to remain strong, driven by a wave of debt maturities, continued tighter bank lending and the need for refinancing or recapitalization of projects nearing stabilization.
“With nearly $3 trillion in U.S. commercial real estate debt maturing by 2028, private credit lenders are positioned to step into a market hungry for capital,” said Jared Schlosser, head of originations and CPACE at Peachtree. “Our ability to provide flexible capital at scale, even in complex situations, positions us as a trusted partner for borrowers navigating today’s market.”
In 2024, Peachtree deployed $1.6 billion in credit transactions, representing a 54% increase from the prior year, and making the firm one of the largest investor-driven commercial real estate lenders in the United States, according to the Mortgage Bankers Association.
Peachtree offers a full range of financing options, including permanent loans, bridge loans, mezzanine financing, CPACE, preferred equity and triple net lease financing, providing tailored solutions across the capital stack.
“As we continue to scale our lending platform, we remain focused on serving borrowers with creativity, certainty and speed, which have long defined Peachtree’s approach to private credit,” Schlosser said.

Atlanta Business Chronicle: Peachtree Group pushes toward another record year
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Atlanta Business Chronicle - Last month, Atlanta-based real estate investment firm Peachtree Group closed its largest-ever credit deal — a $176.5 million clean energy loan for a massive renovation aimed at restoring the glory of a Las Vegas hotel and casino.
In July, the firm demonstrated the breadth of its business with a $42 million loan to finance Banyan Street Capital’s purchase of Atlanta Financial Center, a Buckhead office property being considered for partial redevelopment.
The transaction is the latest in a series helping drive Peachtree toward another record year, even as commercial real estate faces ongoing volatility in debt markets — conditions that reward private lenders able to move quickly.
“Peachtree Group’s success comes from our team’s willingness to be creative, gritty and decisive in a volatile market,” Greg Friedman, managing principal and CEO of Peachtree Group, told Atlanta Business Chronicle. “We aren’t afraid to lean in and make quick calls when others hesitate.”
He adds that such an approach doesn’t mean recklessness.
“Our discipline in the process gives us the conviction to act with confidence,” he said. “That balance has been the linchpin to our success, turning disruption into opportunity and allowing us to keep building an investment platform that delivers value through every cycle.”
Founded in 2007, Peachtree employs more than 3,000 people nationwide and is a regular on the Inc. 5000. It is widely recognized as a top player in hospitality and commercial real estate.
...“We are well on our way to another record year of originations,” Friedman wrote.
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Peachtree Group Closes $176.5MM CPACE Loan for Renovated Rio Hotel & Casino Tower in Las Vegas

ATLANTA (August 18, 2024) – Peachtree Group (“Peachtree”) has originated the largest credit transaction in its history, closing a $176.5 million retroactive Commercial Property Assessed Clean Energy (“CPACE”) loan for Dreamscape Companies’ recently renovated 2,520-room Rio Hotel & Casino(“Rio”) in Las Vegas, Nev. The deal, finalized in less than 60 days, ranks among the largest CPACE financings ever completed in the United States.
The Rio, now under the Destinations by Hyatt brand, is a casino resort featuring two hotel towers, Ipanema and Masquerade, connected by a casino, restaurants and retail establishments. Renovations completed in 2024 included a full transformation of the Ipanema Tower guest suites, a reimagined casino floor and significant upgrades to multiple food and beverage venues. The comprehensive property improvement plan also delivered exterior enhancements, modernization of the central heating and cooling plant, electrical infrastructure upgrades and renovations to the convention center.
“This deal highlights an inflection point for CPACE, with some of the nation’s largest financial institutions consenting to its use because they see the clear benefit to the capital stack,” said Jared Schlosser, head of originations and CPACE for Peachtree. “By closing quickly on a marquee hospitality asset, we were able to strengthen the position of both the owner and its lenders.”
The CPACE loan retroactively funded the renovations enabling the owners to pay down their senior loan. Retroactive CPACE funding offers a distinct advantage by allowing 100% of the proceeds to be reimbursed for completed project costs.
“This transaction is not only a historic milestone for Peachtree Group, but also a testament to the ecosystem we have built over the past 18 years,” said Greg Friedman, managing principal and CEO of Peachtree. “Through our vertically integrated platform, deep expertise and disciplined approach, we have developed the infrastructure to be a leader in the private credit space. Our ability to deliver speed, creativity and certainty of execution positions us to provide capital solutions that create value for our investors and partners across market cycles.”
The CPACE market has surpassed $10 billion in cumulative U.S. originations in just over a decade, according to the C-PACE Alliance, with strong growth expected as more institutional owners and lenders recognize its value. “We see tremendous opportunity ahead for retroactive CPACE and its use in funding new commercial real estate development,” Schlosser said. “It’s an attractive alternative to more expensive forms of capital.”
Peachtree is one of the most active CPACE lenders in the country, with more than $1.5 billion in originations. The firm’s credit platform spans CPACE, bridge, mezzanine and construction lending, providing creative capital solutions across market cycles.