Hilton Garden Inn Johns Creek
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
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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.
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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.
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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.
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Peachtree is an award-winning hotel lender. Contact us to discuss your deal.