Peachtree Group Exceeds $1.0 Billion in Commercial Real Estate Originations

Header Photo that says Peachtree Group Exceeds $1.0 Billion in Commercial Real Estate Originations with a Commercial Building facade in the background

ATLANTA (Oct. 14, 2024) – Peachtree Group ("Peachtree") announced that its credit team has surpassed $1 billion in loan originations year-to-date, marking a major milestone and setting a new benchmark for the firm's performance this early in the year. The firm anticipates that its credit team will surpass $1.75 billion in loan originations in 2024.

“While the Federal Reserve has lowered rates to provide some relief to the overall economy, the commercial real estate sector will continue to face significant headwinds over the next few years,” said Jared Schlosser, executive vice president of hotel lending and head of CPACE for Peachtree.

Quote Card that says "While the federal reserve has lowered rates to provide some relief to the overall economy, the commercial real estate sector will continue to face significant headwinds over the next few years" by Jared Schlosser, EVP of Hotel Lending and Head of CPACE at Peachtree Group

The wave of debt maturities in the trillions of dollars positions private credit lenders like Peachtree to step in and close the funding gap left by traditional capital sources.

“With conventional lenders still on the sidelines, we have seen a significant shift in capital markets with private credit lenders supporting the industry as it faces a sharp rise in debt maturities potentially approaching $1.5 trillion through 2025,” Schlosser said.

Peachtree is ranked as the seventh-largest U.S. commercial real estate investor-driven lender by the Mortgage Bankers Association in its latest loan origination rankings.

As a direct lender in the commercial real estate space, Peachtree offers a wide range of financing solutions, including permanent loans, bridge loans, mezzanine loans, CPACE (Commercial Property Assessed Clean Energy) financing and preferred equity investments across all commercial real estate sectors.

Hotels represented the largest sector and surpassed $639 million in credit transactions year-to-date, marking a 176% increase compared to the same period last year. Multifamily originations are the next most significant sector, with the two asset classes accounting for 80% of all credit transactions.

Notable credit transactions closed this year:

·      $47.0 million first mortgage loan for a multifamily property in Bradenton, Fla.  

·      $41.9 million first mortgage loan for a Kimpton Sylvan hotel in Atlanta, Ga.  

·      $40.0 million CPACE financing for an AC hotel in San Diego, Calif.

·      $38.5 million first mortgage loan for a multifamily property in Miami, Fla.

·      $26.4 million first mortgage loan for a Hampton Inn in Columbus, Ohio

“Peachtree has built a strong financial foundation over the years, giving it the stability to support commercial real estate owners in securing the funding needed for acquisitions, recapitalizations and development projects,” Schlosser concluded.

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.

相关 帖子

如果你喜欢这篇文章,请通读这些相关的新闻稿和见解。
信用
新闻稿
5 分钟阅读

Peachtree Group Exceeds $1.0 Billion in Commercial Real Estate Originations

Peachtree Group announced that its credit team has surpassed $1 billion in loan originations year-to-date.
Header Photo that says Peachtree Group Exceeds $1.0 Billion in Commercial Real Estate Originations with a Commercial Building facade in the background

ATLANTA (Oct. 14, 2024) – Peachtree Group ("Peachtree") announced that its credit team has surpassed $1 billion in loan originations year-to-date, marking a major milestone and setting a new benchmark for the firm's performance this early in the year. The firm anticipates that its credit team will surpass $1.75 billion in loan originations in 2024.

“While the Federal Reserve has lowered rates to provide some relief to the overall economy, the commercial real estate sector will continue to face significant headwinds over the next few years,” said Jared Schlosser, executive vice president of hotel lending and head of CPACE for Peachtree.

Quote Card that says "While the federal reserve has lowered rates to provide some relief to the overall economy, the commercial real estate sector will continue to face significant headwinds over the next few years" by Jared Schlosser, EVP of Hotel Lending and Head of CPACE at Peachtree Group

The wave of debt maturities in the trillions of dollars positions private credit lenders like Peachtree to step in and close the funding gap left by traditional capital sources.

“With conventional lenders still on the sidelines, we have seen a significant shift in capital markets with private credit lenders supporting the industry as it faces a sharp rise in debt maturities potentially approaching $1.5 trillion through 2025,” Schlosser said.

Peachtree is ranked as the seventh-largest U.S. commercial real estate investor-driven lender by the Mortgage Bankers Association in its latest loan origination rankings.

As a direct lender in the commercial real estate space, Peachtree offers a wide range of financing solutions, including permanent loans, bridge loans, mezzanine loans, CPACE (Commercial Property Assessed Clean Energy) financing and preferred equity investments across all commercial real estate sectors.

Hotels represented the largest sector and surpassed $639 million in credit transactions year-to-date, marking a 176% increase compared to the same period last year. Multifamily originations are the next most significant sector, with the two asset classes accounting for 80% of all credit transactions.

Notable credit transactions closed this year:

·      $47.0 million first mortgage loan for a multifamily property in Bradenton, Fla.  

·      $41.9 million first mortgage loan for a Kimpton Sylvan hotel in Atlanta, Ga.  

·      $40.0 million CPACE financing for an AC hotel in San Diego, Calif.

·      $38.5 million first mortgage loan for a multifamily property in Miami, Fla.

·      $26.4 million first mortgage loan for a Hampton Inn in Columbus, Ohio

“Peachtree has built a strong financial foundation over the years, giving it the stability to support commercial real estate owners in securing the funding needed for acquisitions, recapitalizations and development projects,” Schlosser concluded.

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.

信用
新闻稿
5 分钟阅读

布伦特·勒布朗受聘领导桃树集团的业务发展

桃树集团很高兴地宣布,布伦特·勒布朗目前正在领导该公司在其投资平台上的业务发展工作。

亚特兰大(2024 年 9 月 30 日)桃树集团 (“Peachtree”)很高兴地宣布 布伦特·勒布朗 现在正在领导公司的业务发展工作 投资平台。在担任业务发展执行副总裁的新职位上,布伦特将支持Peachtree发展和扩大其垂直整合投资平台的努力。他的职责将包括专注于交叉营销策略、促进业务发展以及与投资团队密切合作以推动创新和抓住新机遇。

LeBlanc拥有大约30年的酒店房地产经验,已成功推出酒店品牌,并与美国最大的酒店运营商和开发商完成了复杂的房地产交易。

Peachtree董事总经理兼首席执行官格雷格·弗里德曼表示:“今年,Peachtree的交易投资价值超过了100亿美元,我们看到了进一步发展业务的巨大机会,但我们意识到我们需要优先考虑业务发展工作,以增强我们在市场上的竞争优势。”“布伦特是一位长期值得信赖的领导者,也是有效指导Peachtree业务发展的合适人选。”

勒布朗于2012年加入Peachtree,领导一项积极的增长战略,将Peachtree的足迹扩展到美国西部,并加强与万豪、希尔顿、凯悦和HIG等高级品牌酒店的关系。在此期间,勒布朗参与了整个企业超过40亿美元的房地产交易。

勒布朗说:“我们业务发展工作的核心是对创新和战略伙伴关系的坚定承诺。”“我们致力于发现和利用新的机遇,以确保公司的增长和长期成功。通过不断适应市场趋势和培养协作文化,我们完全有能力推动业务向前发展并取得卓越成果。”

勒布朗最近担任资本市场执行副总裁,负责建立和扩大Peachtree的经纪交易商子公司Peachtree PC Investors(“PPCI”)的领导团队。他在扩大PPCI的资本市场、投资者关系和销售工作以及加强其财务和合规业务方面发挥了重要作用。最值得注意的是,他去年聘请了Brian Cho担任PPCI总裁,他将继续监督股权资本市场的所有领域。

通过优先考虑业务发展,我们正在将自己定位为利用新兴机会,驾驭不断变化的金融格局,“格雷格·弗里德曼说。

关于桃树集团
Peachtree Group是一家垂直整合的投资管理公司,专门发现和利用以商业房地产为支撑的混乱市场中的机会。如今,该公司通过收购、开发和贷款管理着数十亿美元的资本,并辅之以旨在保护、支持和增加其投资的服务。欲了解更多信息,请访问 www.peachtreegroup.com

信用
洞察力
5 分钟阅读

驾驭酒店融资:关于适应利率上升和通货膨胀的专家见解

桃树集团酒店贷款执行副总裁贾里德·施洛瑟讨论了快速变化的经济环境,以及酒店开发商和贷款机构如何调整战略以确保取得成功。

在快速变化的经济环境中,酒店开发商和贷款机构正在调整其战略,以确保酒店项目取得成功。我们与桃树集团酒店贷款执行副总裁兼CPACE主管贾里德·施洛瑟坐下来讨论了利率上升和通货膨胀压力如何影响贷款标准和财务规划。在 “活跃贷款” 小组讨论中听取贾里德的更多见解 住宿会议。

 

问:鉴于利率上升和通货膨胀压力,贷款机构如何调整酒店的承保标准?

杰瑞德·施洛瑟: 现在,一切都与现金流有关。除非背后有真实的故事,否则很难为任何形式的预期增长提供担保。贷款人专注于现金流,如果你能实现13%或更高的债务收益率,你就有资格获得永久债务、CMBS、人寿公司甚至银行收购。如果你没有达到这个门槛,那么你通常会进入私人信贷领域,而这正是Peachtree Group的用武之地。

问:贷款条款的当前趋势如何,例如贷款与价值(LTV)比率或利率?

JS: 差异很大,具体取决于每家贷款机构的风险门槛是多少。我看到的最大趋势是不确定利率将在多长时间内保持高位。因此,借款人正在寻求灵活性。他们愿意为收益维持时间较短或预付罚款较低的贷款支付溢价。许多人对像以前一样锁定长期固定利率债务犹豫不决。

我们提供固定利率和浮动利率贷款,但即使是固定利率产品,借款人也在努力确保尽可能多的灵活性。我们仍将达到70%的贷款比率(LTC)或LTV,有时会推高至75%或缩减规模,具体取决于我们的承保情况。相比之下,银行市场的平均水平接近50-55%,这凸显了我们的领域与传统银行之间的区别。

问:开发者应该如何调整他们在这个市场上的财务策略?

JS: 我总是说,在动荡的市场中,抢先一步。保持积极主动——无论是与我们还是与该领域的其他竞争对手进行对话,都要提前到期,尽早开始对话。目前,尽早参与是关键,因为未来非常不确定。

随着选举的临近、围绕美联储政策的波动以及是否会降息或维持高于预期的时间的问题,流动性正在波动。借款人越早进入市场寻求再融资或建筑融资,他们的一揽子计划准备得越充分,他们获得优惠条件的机会就越大。

桃树集团 是一家直接资产负债表贷款机构,专注于为首次抵押贷款过渡贷款、夹层贷款、优先股投资和提供资金 商业地产评估的清洁能源(CPACE)融资,向所有专门从事酒店融资的商业房地产资产类别提供贷款。Peachtree集团团队已经执行了超过297笔交易,为寻求资金以完成收购、资本重组、再融资和翻新的项目提供了超过45亿美元的资金。