Canopy Atlanta Midtown
Insitutional Asset
The ground-up, recently constructed hotel is part of a mixed-use development also containing 328 luxury condominiums and opened at the end of 2018.
Dynamic Location
Located in the heart of Midtown, the area is one of the most highly sought-after submarkets in the Southeast. Midtown has rapidly urbanized, transforming into a highly desired live-work-play community with growing volumes of Class-A office space, upscale hospitality, plentiful retail, art and cultural institutions, and diverse leisure and entertainment offerings.
Strong Basis
Peachtree Group's basis is heavily supported by multiple trades in the market that range in the high $300k/key range to above $400k/key and replacement cost would be well above that range.
Related
Case Studies
.jpeg)
.jpg)
Quédate informado.
Peachtree Closes 17 loans totaling more than $244MM in the last 90 days
Peachtree Group Closed 17 loans totaling more than $244MM in the last 90 days
Peachtree Group is a nationwide direct balance-sheet lender, offering competitive terms, in-house loan servicing, and flexible capital to handle a wide array of projects.
Peachtree provides full-stack debt capital solutions to qualified commercial real estate owners across all sectors throughout the U.S. We offer bridge, construction, mezzanine, preferred equity, CPACE, permanent and NNN financing.
See below for some of the most recent loan transactions from Peachtree Group including hotel loans, retail, multifamily, industrial, and land. Click here for our portfolio.
%20(400%20x%20400%20px)%20(1).gif)
Need Financing? Contact us at lending@peachtreegroup.com.
FEATURED: $20.5MM Development Loan for a Conversion
Peachtree Group worked with the Sponsor to convert a retail store to an industrial building in a sought-after area of Sacramento, CA.
Read the Case Study.
FEATURED: $12.5MM Bridge Loan for a Hotel
Peachtree Group worked with the Sponsor to pay off its maturing loan while executing a business plan to upgrade its property to better compete in the marketplace and retain its Hilton flag.
Read the Case Study.
Peachtree is an award-winning hotel lender. Contact us to discuss your deal.