
Peachtree Group originated a $59.0MM recapitalization of the 343-room dual-branded AC Hotel and Element San Antonio Riverwalk. The floating-rate note carries a 36-month term with two, 12-month extensions. The sponsors, Winston Hospitality and Concord Hospitality Enterprises, purchased former office towers—Riverview Towers—in December 2019 and spent two and a half years undergoing a multi-phase, adaptive reuse renovation to transform them into dual-branded hotels, which opened in 2022.
Located adjacent to San Antonio's famed Riverwalk, the #1 attraction in Texas, the hotels benefit from the city's strong tourism market, drawing over 39 million visitors annually, and its status as the third-fastest-growing city in the U.S., with a 3.8% population increase from 2020 to 2022. They remain the newest hotels in their competitive set.
The AC Hotel and Element are the first new Marriott-branded hotels in the Riverwalk Historic District since 2011, standing out in a downtown market where extended-stay offerings are predominantly Hilton-branded. As premium Marriott properties, they benefit from access to the Marriott Bonvoy loyalty program, the world's largest travel loyalty program, boasting over 200 million members and growing.
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2023年是商业房地产借贷障碍困扰的一年,尤其是在一场广泛的危机震惊了历史上该领域最大的贷款机构的地区银行之后。Peachtree 首席执行官格雷格·弗里德曼采访了 现在的酒店新闻 关于他对2024年的预测。
Peachtree 的格雷格·弗里德曼对贷款环境的见解(costar.com)
桃树集团提供3,450万美元贷款,用于收购和翻新佛罗里达州的312套多户住宅
亚特兰大(2024 年 2 月 2 日)— 桃树集团 宣布,该公司代表总部位于佛罗里达州好莱坞的以服务为导向的房地产管理公司海岸线管理集团(Coastline)发放了3,450万美元的贷款,用于收购和翻新位于佛罗里达州盖恩斯维尔的312个单元的多户住宅。该物业位于62号展馆,是一栋25栋建筑、312个单元的多户住宅,以前用作学生住房。
桃树集团团队发起了为期三年的浮动利率过渡贷款,占稳定评估价值的61%。
这座多户住宅占地31.74英亩,设有带现场物业管理的两居室、三居室和四居室单元、两个会所、两个游泳池、工作站隔间、游戏室、媒体室、可出租活动室、健身房、室内壁球和半场篮球场、沙滩排球场、狗公园和包裹接收中心。
Coastline将使用过渡贷款收益中的约500万美元来翻新单元内饰,将四居室单元改建为三居室单元,扩建场内便利设施并完成外部和公共区域的延期维护。
关于桃树集团
桃树集团 是一家投资公司,通过多样化的商业房地产资产和其他风险投资组合推动增长。自成立以来,我们已经进行了数百项投资,重点是房地产收购、开发和 贷款。今天,我们管理着数十亿美元的股权,并辅之以旨在保护、支持和增加投资的服务。
Peachtree Group Refi 的夏洛特酒店获得 4100 万美元的贷款
据《商业观察报》获悉,Doradus Partners已获得4100万美元的过渡性融资,为夏洛特希尔顿品牌的酒店物业再融资。
桃树集团(前身为Stonehill)为多拉多斯夏洛特住宅区希尔顿酒店拥有181间客房的Home2 Suites提供了浮动利率贷款。点击这里阅读更多。