Hotel Indigo Gainesville-Celebration Pointe

6th November 2018

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Peachtree Hotel Group acquires three hotels in Colorado, Arizona and Wisconsin

15th September 2017

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Peachtree Hotel Group Sells AC Hotel by Marriott in Downtown Atlanta for $57.5M

11th August 2017

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Peachtree Hotel Group (PHG) Breaks Ground on 140-Room Hotel Indigo Gainesville

4th August 2017

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Peachtree Hotel Group (PHG) Acquires 96-Suite TownePlace Suites Gainesville Northwest

28th June 2017

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Hotel near Tanger Outlets in North Charleston sells for $18.3 million

5th June 2017

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Peachtree Hotel Group And Marriott Announce The Debut Of AC Hotel Atlanta Downtown

10th April 2017

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Peachtree Hotel Group (PHG) Adds Approximately $154 Million in Acquisitions and Development Agreements In 2016 Second Half

30th January 2017

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PRISA Group, Peachtree to Develop Three Florida Hotels

12th September 2016

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Peachtree Hotel Group Acquires Hilton in Birmingham, AL

23rd August 2016

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Peachtree adds 10 hotels to portfolio for $183m

14th June 2016

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​$20 million AC Hotel planned for downtown

19th April 2016

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Peachtree Hotel Group Completes Reno of DoubleTree in Biloxi, MS

14th March 2016

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Brian Waldman Joins Peachtree Hotel Group as SVP

11th November 2015

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Peachtree Hotel Group Completes $6.5M Reno of Embassy Suites Williamsburg

12th August 2015

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Peachtree acquires Jacksonville, Fla., Sheraton

17th June 2015

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SpringHill Suites San Antonio Downtown Completes $4.5M Reno

28th May 2015

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Brent LeBlanc has Joined Peachtree Hotel Group as SVP

3rd March 2015

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Peachtree Hotel Group Executes Seven Hotel Transactions During First Half of 2014

19th February 2015

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Peachtree Hotel Group of Atlanta Acquires the Hilton Garden Inn in Tupelo, Mississippi

5th October 2014

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Aggressive Hotel Investor Spends $50M in 2013

1st October 2014

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Peachtree Hotel Group Adds Six Hotels to Portfolio during Q1 2013

17th September 2014

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Fairfield Inn & Suites Columbus Will Open Here Next Week.

9th July 2014

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Peachtree’s Growing

1st July 2014

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Peachtree Hotel Group Opens its Eighth Hotel – Fairfield Inn & Suites in Gadsden

3rd June 2014

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Intech Hotel Partners Break Ground on Hilton Garden Inn Indianapolis

12th October 2008

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Aggressive Hotel Investor Spends $50M in 2013

ATLANTA—Peachtree Hotel Group invested more than $50 million in seven hotels during the second quarter of 2013. The group is on track to exceed its 2013 hotel acquisition and investment goals before the end of the third quarter.

“Our first quarter activity included the acquisition of six assets, while the second quarter was dominated by note purchases and direct loan originations,” says Greg Friedman, Peachtree CEO. “We set a 2013 goal of growing our total portfolio by 15 assets, and at the mid-point of the year, we have outpaced our own aggressive plan.”

Friedman says the firm’s ability to invest in all levels of the capital stack, from equity to senior debt to mezzanine and beyond, enables the hotel investment firm to leverage opportunities in a volatile market. Peachtree has what he calls a “healthy appetite” for all areas of engagement, as well as the financial capacity to continue executing at this pace.

Peachtree acquired five first mortgage notes secured by five hotel properties with 842 rooms across three states. Stonehill Strategic, an affiliate of Peachtree, originated two new first mortgages on select service assets in Florida, bringing the Peachtree portfolio to 49 hotel assets and notes.

“The six hotels acquired in the first quarter already are exceeding our performance expectations due to implementation of revenue management strategies and cost control disciplines,” says Mitul Patel, COO of Peachtree. “With this added portfolio depth, strong performance metrics, and a rebounding travel sector, I fully expect this to be a breakout year for our company.”

Jatin Desai, chief investment officer, noted that the company already has three hotels under contract with closings scheduled for third quarter. Those properties are a Fairfield Inn & Suites and two Hilton Garden Inns.

Since its inception, Peachtree has acquired or developed more than $300 million of hotel properties and first mortgage notes. Peachtree currently owns, operates and invests in 4,408 hotel guest rooms in 49 assets throughout the United States. Its portfolio includes 27 assets and a note portfolio of 22 assets.

For more insight on lodging and hospitality sector, check out GlobeSt.com’s NEW columnist, HREC Investment Advisors’ Geoffrey E. Davis, as he provides insights on the current state of hotel investment.