Though Conditions Have Improved, US Hotel Development Pace Remains Stalled
Peachtree Senior Vice President Michael Ritz was quoted in an article for Hotel News Now about the path forward for new hotel development in the United States. Ritz gave the developer's perspective on today's market talking about Peachtree's development pipeline and the challenges to getting deals done. Click here to read the full story.
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Cuts Looking Like Faith Rather Than Data-Driven
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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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CNBC: How Private Equity Fills the Lending Gap for Commercial Real Estate
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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.