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Baer is Stonehill’s new vice president of business development

He was previously senior vice president at Jones Land LaSalle

Baer is Stonehill’s new  vice president of business development

Nick Baer is vice president of business development for financial company Stonehill, an affiliate of Peachtree Hotel Group. In the newly created position, he will oversee debt and equity investments for the company.

Before joining Stonehill, Baer was senior vice president at Jones Land LaSalle. He has a bachelor's degree in real estate from the University of Georgia.


"Nick has deep experience and a successful track record in commercial real estate lending, and he will contribute meaningfully to Stonehill’s strategy for growth and operational excellence,” said Brent LeBlanc Stonehill's executive vice president.

Peachtree Hotel Group heads Jatin Desai and Mitul Patel are principals of Stonehill and members of the company’s investment committee. In January, Stonehill reported that it had closed on $100 million Commercial Property Assessed Clean Energy loans for nine properties during the fourth quarter.

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Hilton Launches ‘Diamond Reserve’ in Hilton Honors Loyalty Program
Photo Credit: Hilton

Hilton launches ‘Diamond Reserve’ loyalty level

Summary:

  • Hilton introduced Diamond Reserve, its top Honors tier for frequent travelers.
  • Diamond Reserve requires 80 nights and $18,000 in annual eligible spend.
  • The company also lowered requirements for its two existing elite tiers.

HILTON WORLDWIDE HOLDINGS introduced Diamond Reserve, a top tier in Hilton Honors loyalty program that will debut in January. It includes perks such as a Confirmable Upgrade Reward at booking, guaranteed 4 p.m. late checkout and 24/7 customer service.

Meanwhile, Hilton is lowering requirements for its two existing elite tiers, the company said in a statement. Beginning in 2026, Gold will require 25 nights instead of 40 and Diamond 50 instead of 60. Existing benefits, including room upgrades, food and beverage credits and lounge access, remain unchanged.

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