Financiamiento hotelero versátil con originación tanto para personas mayores como para CPACE

Tipo de propiedad
Hotel
Tipo de inversión
CPACE Lending
Marca
Hilton
Fecha de inversión
diciembre de 2023
Ubicación
San Diego, California
Llaves
263
Unidades
Metros cuadrados
CPACE Lending
CPACE
CPACE Lending
CPACE
CPACE Lending
20% DE RITMO
CPACE Lending
22,6 millones de dólares, CPACE, 50,4 millones de dólares para personas mayores

Home2 Suites by Hilton/Tru

Peachtree Group creó una primera hipoteca de 50,4 millones de dólares y una financiación de 22,4 millones de dólares con energía limpia evaluada por propiedades comerciales (CPACE) para el desarrollo del hotel Home2 Suites — Tru by Hilton de doble marca y 263 habitaciones, ubicado en San Diego, California. Este proyecto pone de relieve la ventaja competitiva de Peachtree Group al demostrar su capacidad para ejecutar íntegramente tanto los préstamos preferenciales como los de CPACE. La experiencia de la empresa abarca varios tipos de préstamos, y contar con originadores altamente cualificados en cada área refuerza la versatilidad y las amplias capacidades de financiación de Peachtree Group.

Base y ubicación sólidas

El proyecto está ubicado en una de las ciudades más grandes de EE. UU., y atrae a más de 30 millones de visitantes al año, incluidos 16,5 millones de visitantes que pernoctaron en 2022. Ese año, el gasto de los visitantes alcanzó un máximo histórico de 13.600 millones de dólares, impulsado por el aumento significativo de la demanda de ocio, lo que se tradujo en estadías más largas y gastos más altos. En julio de 2023, la demanda hotelera se mantuvo sólida, y la ciudad alcanzó el quinto RevPAR más alto entre los 25 principales mercados hoteleros de EE. UU.

Empresa patrocinadora y gestora con experiencia

El patrocinador, con sede en San Diego, es un inversor a largo plazo y una empresa de desarrollo y administración de bienes raíces integrada verticalmente con inversiones en los sectores hotelero, minorista y multifamiliar. El patrocinador también es un operador experimentado, que posee y administra con éxito cuatro hoteles a una manzana del nuevo desarrollo. Planean aprovechar las medidas de ahorro de costos mediante operaciones simplificadas, que ofrezcan eficiencia al reducir la plantilla de personal y centralizar funciones como la contabilidad y las ventas

La proximidad a los impulsores de la demanda

La ubicación del hotel es famosa por su clima excepcional durante todo el año, más de 70 millas de costa, centros emergentes de salud y biotecnología, espacios hoteleros y de convenciones de clase mundial y una amplia gama de opciones gastronómicas y de entretenimiento. Esta área es un centro dinámico y en crecimiento en ciencias de la vida y tecnología, y cuenta con la tercera mayor concentración de empresas de ciencias de la vida de los EE. UU. San Diego ha demostrado históricamente una mayor resiliencia en comparación con otros mercados hoteleros importantes de la costa oeste. Es uno de los principales destinos de convenciones del mundo, y el centro de convenciones de San Diego, frente al mar, se encuentra a menos de una milla del complejo. Entre los lugares turísticos más destacados se encuentran las playas cercanas, el parque Balboa, el zoológico de San Diego, el campus de Horton Plaza, SeaWorld y el Museo del Aire y el Espacio. El Distrito de Investigación y Desarrollo (RADD) es un campus de 8 acres que comprende oficinas, laboratorios y locales comerciales con un enfoque principal en las ciencias de la vida, la biotecnología y la investigación. Además de la biotecnología, hay un crecimiento significativo del empleo en los sectores de alta tecnología y educación. Entre los principales empleadores de la zona se encuentran el Centro Médico Naval, Sempra Energy, Aecom, Union-Tribune, MiTek e iProSpec.


Grupo Peachtree
es un prestamista sénior de puentes y construcción que puede proporcionar financiación a CPACE para proyectos actualmente en construcción o completado en los últimos 36 meses. El programa está disponible para todas las clases de activos inmobiliarios comerciales.

Obtenga más información sobre Financiamiento de CPACE o póngase en contacto El equipo CPACE de Peachtree.

Haga clic aquí para tasas de préstamo actuales.

Quédate informado.

En las noticias
General
5 minutos de lectura

Yahoo! Finance: The hotel sector benefits from 'muted' supply

Peachtree CEO Greg Friedman recently shared insights on the market with Madison Mills of the Yahoo Finance show Catalysts.

Yahoo – Catalysts - The commercial real estate market (CRE) has struggled amid a prolonged high-interest-rate environment, but hotels have continued to outperform as demand surpasses supply. Peachtree Group CEO Greg Friedman joined Catalysts to discuss the market outlook.

 

Friedman explained that the pandemic "muted" new supply growth, and as demand has picked up with limited new construction, he believes the hotel industry is benefiting from supply being constrained. He points out supply in the hotel sector is growing at a 40% reduction, while demand remains resilient.

 

Friedman notes that "from an investment perspective," hotel assets trade at higher cap rates. With rates expected to remain elevated, Friedman states, "there's less negative leverage," making the sector increasingly attractive.

 

Regarding office spaces, Friedman sees potential for recovery. "I think we're heading towards a bottoming across the office sector," he said, pointing to rising vacant spaces being repurposed and transformed for new uses. "I think we're heading towards it being more investable," he added.

 

To watch more expert insights and analysis on the latest market action, check out more Catalysts here.

Comunicado de prensa
Crédito/CPACE
5 minutos de lectura

Peachtree Group Surpasses $1.0 Billion in CPACE Financing

Peachtree Group has reached a significant milestone in Commercial Property Assessed Clean Energy (CPACE) financing, surpassing the $1.0 billion mark.
Title Image explaining Peachtree Group Surpasses $1 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.

Quote Card that says "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" quoted by Jared Schlosser EVP of Hotel Lending and Head of CPACE

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.

Comunicado de prensa
Crédito
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.