ATLANTA (Feb. 3, 2025) – Peachtree Group (“Peachtree”) announced that the firm surpassed $2 billion in hotel development, bringing its total development portfolio to 48 hotels nationwide.
Peachtree's development journey began 17 years ago with a $10 million Fairfield Inn project in Alabama, establishing its expertise in hotel development with a focus on suburban, highway and tertiary markets across the Southeast and Midwest.
Today, Peachtree has expanded its reach, solidifying its leadership in hospitality development with projects not only in its traditional markets but also in urban infill locations nationwide. Recent milestones include topping out a beachfront hotel in Gulf Shores, Alabama and breaking ground on a dual-branded project in Uptown Dallas, Texas.
"Our early projects taught us how to build efficiently and effectively, setting the stage for the more complex and impactful developments we're delivering today," said Greg Friedman, managing principal and CEO for Peachtree. "From suburban mainstays to urban landmarks, our team's adaptability and expertise have been the cornerstone of our success."
Showcasing its versatility, Peachtree leverages an experienced underwriting and project management platform to strategically expand its footprint into larger urban infill markets nationwide, collaborating with local development partners and pursuing larger investments.
Recent and ongoing projects include:
- Embassy Suites, Gulf Shores, Alabama: This beachfront hotel, the largest in the area, recently topped out and is set to open in summer 2025.
- AC and Moxy Hotel, Uptown Dallas: This 264-room, dual-branded Marriott-branded development broke ground in August 2024 and represents a milestone in urban hospitality development.
- Tru by Hilton, Huntsville, Alabama: a modern 98-room hotel designed for comfort and convenience, scheduled to open in the fourth quarter of 2025.
These projects and others under construction span the country and highlight Peachtree's ability to execute across a broad spectrum of hospitality asset types, from limited-service properties to high-rise, amenity-rich hotels. Peachtree has been a strong advocate of the Qualified Opportunity Zone (QOZ) program since its inception, strategically allocating capital to drive economic development and to meet the program’s objective of fostering revitalization and growth in underserved communities. Recent examples of Peachtree's success in QOZ developments include:
- AC Hotel by Marriott, Sacramento, California: This hotel transformed an underperforming surface parking lot into a signature downtown hotel and was recently awarded one of the city's Best Real Estate Projects for 2024.
- Residence Inn by Marriott, San Antonio, Texas: Succeeding an older-generation property, the hotel taking advantage of a premier location near strong demand drivers in a diverse and growing market.
- The Hampton Inn & Suites Maui, Kahului, Hawaii: A 136-room beachfront property and Kahului’s only branded hotel. Positioned to capture demand from both the cruise ports and the primary airport, it is set to open by the end of March.
The firm has been one of the most active hotel developers in QOZs, having already opened 10 hotels, with another five under construction and three in the pipeline in these designated areas.
“Hotels are more than just buildings; they are drivers of economic opportunity, creating local jobs and providing paths to meaningful careers in hospitality. By investing in underserved hospitality markets, we aim to support the growth of neighborhoods and contribute to their development,” Friedman said.
While Peachtree remains committed to its core expertise in suburban, limited-service hotels—exemplified by the Homewood Suites by Hilton project in Louisville, Kentucky—it has also embraced larger, more complex developments in primary markets. These projects reflect Peachtree’s commitment to diversifying its portfolio and creating long-term value.
"Our development strategy is about identifying opportunities where we can leverage our learned expertise and push the boundaries of what we can achieve," Friedman said. "Whether it's suburban efficiency, urban complexity or transformative Opportunity Zone developments, our team continues to deliver exceptional results for our stakeholders."
With a proven track record and a forward-looking approach, Peachtree is poised to continue leading the way in hospitality development. The firm's ability to balance efficiency, innovation and social impact ensures it remains well positioned to meet the evolving demands of the market.
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
ATLANTA and DALLAS (Oct. 3, 2024) – Peachtree Group (“Peachtree”) celebrated the groundbreaking of a new 19-story, dual-branded hotel development featuring the award-winning Marriott brands, AC Hotel and Moxy Hotel, in the heart of Uptown Dallas. The development will bring 264 upscale rooms, modern amenities and unique lifestyle offerings to the bustling McKinney Avenue corridor. The much-anticipated project promises to elevate the city's hospitality scene and is expected to open in Summer 2026
The property will offer an unmatched blend of comfort, style and convenience, featuring 110 rooms for the AC Hotel and 154 rooms for the Moxy Hotel, providing guests with distinct yet complementary experiences that will be positioned competitively with the premium hotels in the Uptown market.
“Most hotels in Uptown cater to the upper-upscale and luxury segments, leaving the submarket lacking in upscale hotel options to meet the needs of a substantial portion of Uptown's demand,” said Greg Friedman, managing principal and CEO of Peachtree. “Uptown represents one of the highest income and most desirable submarkets within the Dallas market. The dual-branded hotel will be situated in a premier location within the neighborhood, half a block from much of the area’s restaurants, bars and entertainment and easily accessible to numerous corporate demand drivers.”
With its modern design, state-of-the-art amenities and prime location in Uptown Dallas, the hotels are set to become a preferred destination for both business and leisure travelers. Positioned against the vibrant Dallas urban landscape, this dual-branded development will redefine upscale hotel accommodations, attracting visitors and fostering community engagement.
The signature Moxy Bar and Restaurant will greet guests at street level, setting the tone for a fun and energetic atmosphere. An exclusive highlight of the property will be the custom-branded bar and lounge located on the 8th floor, to feature an elevated amenity deck with an outdoor terrace, water features and breathtaking views of Dallas.
"The elevated amenity deck and custom-branded bar will create a unique destination within Uptown Dallas, driving demand from both hotel guests and locals alike," Friedman said. "This dual-branded property is designed to offer a dynamic experience that will stand out in the city’s competitive hospitality market."
Further enhancing the guest experience, the property will include a state-of-the-art fitness center, perfect for active travelers. The property also will boast a 261-stall onsite parking garage, conveniently accommodating hotel guests and visitors to McKinney Avenue’s nearby restaurants and nightlife venues.
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.
与约翰·谢尔哈斯一起在机会区开发酒店
酒店开发协议受益于后COVID有利的供需动态。 约翰·谢尔哈斯,桃树集团投资副总裁,加入 机会区播客 和吉米·阿特金森在一起 讨论Peachtree的机会区投资方法、他们对开发酒店资产的关注以及目前塑造投资机会的更广泛的房地产市场趋势。
剧集花絮
- Peachtree的整体机会区房地产投资策略,特别关注酒店业和受青睐的市场。
- 在过去的几年中,酒店和酒店供需失衡发生了怎样的变化,以及为什么这种情况有望持续到不久的将来。
- 为什么Peachtree要直接向投资者提供俄勒冈州圣安东尼奥酒店开发协议。
- 在当前的经济环境中,酒店与多户家庭相比如何。
- 为什么私人信贷可能成为Peachtree和其他赞助商的重要增长领域。
立即收听
关于《机会区》播客
由 OpportunityDB 创始人主持 吉米·阿特金森,机会区播客收录了来自基金经理、顾问、政策制定者、税务专业人员和机会区行业其他重要专家的客座访谈。
免责声明和前瞻性声明
这是一种营销沟通。本演示既不是出售要约,也不是征集任何证券的收购要约,其要约和/或出售只能通过私募备忘录提出。本演示文稿仅供参考和讨论之用,不是、也不得以任何方式作为法律、商业、财务、税务或投资建议,或作为出售要约或征集收购Peachtree Hotel Group或其关联公司赞助的任何基金(均为 “基金”)权益的要约或收购要约。基金权益的私募配售只能根据保密的私募备忘录(可能会不时修订或补充,“PPM”)、基金的认购文件和可能经过修订和重述的基金有限合伙协议(统称为 “发行文件”)进行,这些文件将应合格投资者的要求在保密基础上提供给他们,并应在投资对价时进行审查在基金中。无法保证基金的投资目标将实现。本演示文稿不包含对投资者做出投资决策至关重要的所有信息和风险因素,也不是出售证券的要约或征求购买证券的要约。此处描述的基金过去和将来都没有根据经修订的1933年《证券法》、美国任何州的证券法或任何其他司法管辖区的证券法进行注册。这些基金将不根据经修订的1940年《投资公司法》进行注册。因此,所讨论的基金仅适用于合格投资者。美国证券交易委员会或任何其他美国或非美国证券监管机构均未透露本陈述的准确性或充分性,也未批准或不批准此处所述的潜在投资。任何与此相反的陈述均属刑事犯罪。根据适用法律和基金的有限合伙协议,对基金权益的可转让性都存在重大限制。无法保证投资者会从投资者的资本出资中获得任何回报,甚至无法保证其回报。PPM中包含了对基金投资所涉及的重大风险的讨论。在本次发行方面,基金已与Peachtree Hotel Group II的子公司Peachtree PC Investors, LLC签订了独家管理经纪商兼交易商协议,后者将获得与这些发行相关的销售佣金、管理经纪交易商费、营销补贴费和/或配售代理费。我们、我们的赞助商及其附属公司(包括作为经销商经理的Peachtree PC Investors, LLC)之间存在利益冲突,因为服务协议,包括经销商经理协议,不是独立协议,不会像双方保持正常交易那样对投资者有利。最后,我们的赞助商是Peachtree PC Investors, LLC的间接所有者。因此,Peachtree PC Investors, LLC的运营和管理将受到冲突的影响或影响。Peachtree Hospitality Management、Stonehill和Peachtree PC Investors, LLC均为Peachtree Hotel Group II, LLC的全资子公司。本演示文稿中的一些陈述构成前瞻性陈述。前瞻性陈述涉及预期、信念、预测、估计、未来计划和战略、预期事件或趋势,以及与非历史事实相关的类似表述。本演示文稿中的前瞻性陈述受固有条件约束,并基于许多假设。本演示文稿中的前瞻性陈述涉及风险和不确定性,包括以下陈述:(i)我们计划交易的证券市场的总体波动性;(iii)战略的变化;(iii)资本的可用性、条款和部署;(iv)合格人员的可用性;(v)利率、债务证券市场或整体经济的变化;(vii)违约率上升和/或投资回收率下降;(vii)违约率上升和/或降低投资回收率;(vii)) 增加抵押贷款和其他抵押贷款的预付额,或其他资产支持证券;(viii)政府法规、税率和类似事项的变化;(ix)标准制定机构公认会计原则的变化;(x)抵押贷款支持、资产支持和其他证券交易机会的可用性,(xi)我们业务客户群的变化,(xii)我们行业竞争格局的变化以及(xiii)PHG/StoneHill业务的持续可用性本文以合理的条款描述的资源。前瞻性陈述基于我们的信念、假设和期望,同时考虑到我们目前可用的所有信息。这些信念、假设和期望可能会因许多可能的事件或因素而发生变化,并非所有这些事件或因素都是我们所知道的或在我们的控制范围之内。如果发生变化,此处讨论的工具和业务的表现可能会与我们在前瞻性陈述中表达、预期或设想的表现存在重大差异。
这不是购买任何证券的要约或邀请。只能通过私募备忘录进行发行。
尽管条件有所改善,但美国酒店开发步伐仍然停滞不前
《现在酒店新闻》的一篇文章引述了Peachtree高级副总裁迈克尔·里兹关于美国新酒店开发前进道路的文章。丽兹向开发商介绍了当今市场的观点,谈到了Peachtree的开发渠道以及完成交易所面临的挑战。 点击此处阅读完整故事。