Hilton Garden Inn, Phoenix Arizona
Con la madurez inminente, Peachtree ayuda a ejecutar el plan de negocios, incluido el PIP hotelero
Grupo Peachtree trabajó con el Patrocinador para saldar su préstamo que vencía y, al mismo tiempo, ejecutó un plan de negocios para mejorar su propiedad a fin de competir mejor en el mercado y conservar su bandera de Hilton.
Como prestamista hotelero con experiencia especializada en soluciones de financiación creativas, Peachtree solicitó un préstamo puente de 12,5 millones de dólares para un Hilton Garden Inn de 126 habitaciones en Phoenix, Arizona, con un patrocinador habitual.
En 2014, Peachtree apoyó activamente al Patrocinador concediéndole un préstamo intermedio, complementado con un préstamo preferencial de otro prestamista. El préstamo intermedio se reembolsó en diciembre de 2019, mientras que el préstamo preferente se refinanció como parte de esta transacción.
El hotel, que abrió sus puertas en 2008, recibió recientemente una calificación inaceptable en el Control de Calidad de la Franquicia (FQA), justo cuando el acuerdo de franquicia del Patrocinador con Hilton estaba a punto de expirar.
El Patrocinador utilizará una parte de los fondos del préstamo para completar un plan de mejora de la propiedad (PIP) estimado en 4 millones de dólares para mejorar el hotel a tiempo y renovar un acuerdo de licencia de Hilton de 20 años.
Base sólida y suministro limitado
La base total de préstamos de Peachtree es de 99 mil dólares por llave. Las transacciones comparables más recientes en el mercado promediaron 185 000 dólares por pieza, lo que representa una prima del 87% sobre la base total de préstamos de Peachtree. El hotel tiene acceso al programa de fidelización Hilton Honors, que cuenta con más de 146 millones de miembros. Solo hay un hotel en construcción en un radio de 5 millas de la propiedad, un Home2 Suites.
Empresa de gestión con experiencia
El hotel está gestionado por Aimbridge Hospitality, una empresa de gestión hotelera de servicio completo con experiencia en la gestión de hoteles de servicio completo y selecto de las principales marcas del mundo. Con una cartera gestionada de 1.377 propiedades en todo el mundo, los equipos de gestión de Aimbridge se especializan en distintos mercados verticales y proporcionan una gestión centrada en función del nivel de servicio.
La proximidad a los impulsores de la demanda
El hotel se encuentra en un sector industrial y de oficinas del norte de Phoenix, en el cruce de la Interestatal 17 y la Ruta Estatal 101. Entre las empresas de la zona se encuentran Chubb Group of Insurance Co (0,3 km), Honeywell Deer Valley (1,4 km), USAA Corporate Campus (2,4 km), PetSmart Corporate Office (4,2 km) y TSMC Arizona Corporation (10,5 km), cuya expansión está en curso por valor de 40 000 millones de dólares.
También está cerca del HonorHealth Deer Valley Medical Center, un hospital de servicio completo de 204 camas con tres edificios médicos y una expansión continua de 170 millones de dólares.
El centro turístico de la zona está a 17 millas del hotel, que acogió a 19,5 millones de personas en 2022, incluido un millón de visitantes internacionales. La zona incluye el State Farm Stadium, que acoge aproximadamente 200 eventos al año y es la sede de los Arizona Cardinals de la NFL, y el Footprint Center, que puede albergar a 18.000 asistentes y es sede de los Phoenix Suns y Phoenix Mercury de la NBA.
¿Necesitas financiación? Póngase en contacto con Jared Schlosser, lending@peachtreegroup.com
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Peachtree Group Surpasses $1.0 Billion in CPACE Financing
ATLANTA (Dec. 9, 2024) – Peachtree Group (“Peachtree”) has reached a significant milestone in Commercial Property Assessed Clean Energy (CPACE) financing, surpassing the $1.0 billion mark—a distinction shared by only a select few companies in the industry. In 2024 alone, Peachtree completed 22 CPACE transactions across the U.S., surpassing its previous record for CPACE originations.
"In 2019, we launched CPACE, and today we've surpassed our first billion—a testament to the exceptional team and the strength of Peachtree’s vision,” said Jared Schlosser, Peachtree’s Executive Vice President of Hotel Lending and Head of CPACE. “Our strong foundation has not only fueled Peachtree’s success in CPACE financing but also solidified its position as a leader in the broader commercial real estate lending market.”
In the most recent loan origination rankings by the Mortgage Bankers Association, Peachtree was ranked as the seventh-largest commercial real estate investor-driven lender in the U.S.
The firm’s $1.0 billion in CPACE financing is rooted in hospitality, which remains its largest segment comprising approximately 45% of its total. However, Peachtree has successfully expanded into other sectors, particularly residential communities (including multifamily, student housing and senior living), which now represent 22% of the portfolio or $220 million. Additionally, the firm has executed numerous CPACE transactions across industrial, mixed-use and office sectors, showcasing its versatility.
“In this challenging lending market, CPACE financing has emerged as a crucial source of liquidity for all commercial real estate sectors. This financing option is becoming increasingly essential as owners grapple with looming debt maturities and limited refinancing opportunities,” Schlosser said.
Commercial real estate remains in a turbulent period with trillions of dollars in debt maturing and refinancing becoming increasingly difficult due to tighter lending standards from traditional lenders. These challenges are reshaping the industry and forcing property owners to seek alternative financing solutions.
“CPACE has been a game-changer, offering long-term fixed-rate financing that lowers the cost of capital while enabling property owners to pursue energy-efficient upgrades with reduced financial strain,” Schlosser said. “Peachtree is proud to lead the way in expanding access to this innovative solution, helping owners across all commercial real estate sectors.”
In just over a decade, CPACE has reached a cumulative $7.2 billion in U.S. commercial real estate financings, according to PACE Nation, confirming the growing market adoption and acceptance of this financing tool.
About Peachtree Group
Peachtree Group is a vertically integrated investment management firm specializing in identifying and capitalizing on opportunities in dislocated markets, anchored by commercial real estate. Today, the company manages billions in capital across acquisitions, development and lending, augmented by services designed to protect, support and grow its investments.For more information, visit www.peachtreegroup.com.
Peachtree Group Expands Hospitality Portfolio with Launch of New DST Investment in Iconic St. Augustine
ATLANTA (Dec. 3,2024) - Peachtree Group (“Peachtree”), a leading commercial real estate investment firm with a multi-billion-dollar portfolio of equity and debt investments, has announced the acquisition of its sixth hotel property structured as a Delaware Statutory Trust (DST) with the 90-key Home2 Suites by Hilton St. Augustine I-95 in the greater Jacksonville, Fla., area. This latest DST offering is the third to close this year following the completion of the Residence Inn Tampa Wesley Chapel DST in November.
Peachtree’s DST hospitality acquisitions continue to present compelling opportunities for 1031 exchange investors seeking to reinvest proceeds from the sale of appreciated real estate while enjoying tax deferral benefits and maintaining a strong allocation within the thriving hotel sector.
The Home2 Suites by Hilton St. Augustine I-95 benefits from its strategic location off I-95 and its proximity to St. Augustine, one of Florida’s most popular tourist destinations. Known for its historic charm and vibrant economy, St. Augustine draws millions of visitors annually, creating year-round demand for hospitality services.
“With its premier location along the I-95 corridor, strong population growth in the surrounding area and St. Augustine’s rich historical and cultural appeal, this property is a natural fit for our DST portfolio,” said Tim Witt, president of 1031 Exchange/DST Products at Peachtree. “This extended-stay hotel is well-positioned to meet the needs of leisure and business travelers alike, offering a blend of modern convenience and comfortable accommodations.”
Peachtree’s six DST acquisitions — spanning diverse, high-growth markets — demonstrate the company’s expertise in identifying strategic opportunities within the hospitality sector. These acquisitions, including the recently launched Home2Suites by Hilton St. Augustine I-95, represent approximately $175 million in debt-free real estate transactions.
“Our focus on recognized hotel brands, value-add opportunities and Peachtree’s experienced hospitality management team ensures long-term potential for investors,” Witt said.
Peachtree emphasizes its commitment to offering investors tailored solutions aligned with 1031 exchange principles, enabling the seamless transition of capital gains into passive investments in the hospitality sector.
This property features institutional-quality construction, spacious suites with extended-stay amenities and strong brand recognition. Located just minutes from St. Augustine’s historic downtown, the hotel offers convenient access to top attractions, including the Castillo de San Marcos, St. Augustine Premium Outlets and pristine beaches.
Recent nearby developments, including mixed-use projects, healthcare facilities and luxury apartments, further enhance the property’s appeal and position for sustained demand in the years ahead.
With the launch of its sixth DST investment, Peachtree Group continues to lead in offering innovative real estate investment solutions. By capitalizing on positive secular trends in travel, inflation-resilient pricing models and the operational complexities of the hospitality sector, Peachtree delivers strong potential for long-term success and stability in its DST portfolio.
About Peachtree Group
Peachtree Group is a vertically integrated investment management firm specializing in identifying and capitalizing on opportunities in dislocated markets, anchored by commercial real estate. Today, the company manages billions in capital across acquisitions, development and lending, augmented by services designed to protect, support and grow its investments. For more information, visit www.peachtreegroup.com.
Contact:
Charles Talbert
678-823-7683
ctalbert@peachtreegroup.com
Securities offerings are distributed by Peachtree PC Investors, LLC, member: FINRA/SIPC. This announcement does not constitute an offer to buy securities. DST Interests are illiquid, speculative and involve a high degree of risk. Prospective Investor should consult with his, her or its own tax advisor regarding an investment in DST Interests and the qualification of his, her or its transaction under Section 1031 for his, her or its specific circumstances.
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.
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.