Investment management company Peachtree Group launches a $250m Special Situations Fund to target undervalued hotel and commercial real estate assets. The fund aims to capitalize on market mispricing due to capital market illiquidity. With nearly $1tn in commercial real estate loans maturing in 2025, Peachtree offers alternative capital solutions to owners facing refinancing challenges. The company anticipates significant opportunities in the hotel and commercial real estate sectors in the next 12 to 18 months, providing attractive returns and real solutions for sponsors and lenders. Peachtree’s strategies include acquiring off-market hotels, providing equity solutions, and purchasing distressed properties. The fund’s nationwide reach targets states like Texas, Florida, and California for significant activity. Peachtree expects to close the fund within the next two to three months and aims for final closure within 18 months. In an achievement earlier this year, Peachtree surpassed $2bn in hotel developments, expanding its portfolio to 48 properties across the US.
Read more at Yahoo Finance: Peachtree’s new $250m fund targets hotel sector dislocation
