Hilton Garden Inn Johns Creek

Newly renovated property will be positioned to command a significant premium in ADR
Property Type
Hotel
Investment Type
Total Origination
Brand
Hilton
Date of Investment
June 2023
Location
Johns Creek, GA
Keys
122
Units
Square Footage
Total Origination
Total Origination
Total Origination
Total Origination

Strong Submarket Fundamentals

The median household income is $152K and the there is a Master Plan to accommodate recent growth (10-year growth - 7.5%) and for future development

Value-Add Opportunity

Upon renovation, the hotel will be the newest renovated property in the area and will be positioned to command a significant premium in ADR

Operational Upside and Efficiencies

Identified underperforming areas, including revenue management and various cost-savings practices. Operates six other hotels in the Atlanta market creating savings via shared costs and operational synergies

Significant Discount to Replacement Costs

Underwritten all-in basis ($166K/Key) represents a 31.7% discount to replacement cost ($242K/Key) from comparable hotels

Quédate informado.

Press Release
Credit
5 minutos de lectura

Peachtree Closes 17 loans totaling more than $244MM in the last 90 days 

Peachtree's lending team has closed 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.

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

Hilton Garden Inn, Phoenix, AZ

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.