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Peachtree crosses $1 billion mark in CPACE financing - 0 views

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    PEACHTREE GROUP SURPASSED the $1 billion mark in commercial property assessed clean energy financing. The company completed 22 CPACE transactions across the U.S. in 2024, breaking its previous record for CPACE originations. The financing is rooted in hospitality, its largest segment, comprising 45 percent of the portfolio, Peachtree said in a statement. Atlanta-based Peachtree is led by Greg Friedman, managing principal and CEO; Jatin Desai, managing principal and CFO; and Mitul Patel, principal. "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."
asianhospitality

Peachtree hits $1 billion in commercial real estate originations - 0 views

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    PEACHTREE GROUP'S CREDIT team recently crossed $1 billion in year-to-date loan originations, marking a key milestone and setting a new benchmark for early-year performance. The firm projects reaching $1.75 billion in originations by the end of 2024, according to a company statement. Peachtree provides diverse financing solutions, including permanent, bridge and mezzanine loans, as well as CPACE financing and preferred equity across all sectors, the statement said. "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, Peachtree's executive vice president of hotel lending and head of CPACE. Peachtree is led by CEO and managing principal Greg Friedman, CFO and managing principal Jatin Desai, and principal Mitul Patel.
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