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Element opens in Baton Rouge, LA

It is the first of the brand to open in the city

Element opens in Baton Rouge, LA

The Element Baton Rouge South in Baton Rouge, Louisiana, is now open. The hotel, the first of its brand in Baton Rouge, is owned by Summa Lodging LLC, led by Nilesh Patel as key principal and Nikunj Lakha as a principal.

The 123-room longer-stay Element will be managed by Atlanta-based Paramount Hospitality Management led by Nick Lakha as president. It is near the Baton Rouge General Medical Center and Our Lady of the Lake Children’s Hospital, as well as Our Lady of the Lake Regional Medical Center, Children’s Hospital Specialty Care, the Mall of Louisiana, Louisiana State University and downtown Baton Rouge.


Amenities at the five-story hotel include a heated outdoor swimming pool, a meeting room, an outdoor patio and firepit, complimentary parking, electric-car charging stations and the Element’s Bike to Borrow program.

“We want our guests to stay connected and to feel alive and balanced, whether coming for a visit to one of our fantastic medical facilities, on business travel or a family social event, our associates look forward to pampering each guest.” said Brandon Cantrell, the hotel’s general manager.

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Photo credit: Peachtree Group

Peachtree closes $3B in credit, $538M CPACE

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  • Peachtree deployed $3B in credit transactions and closed 31 CPACE deals totaling $538.2M.
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  • The firm also deployed over $2B across non-hospitality sectors.

PEACHTREE GROUP DEPLOYED $3 billion in credit transactions in 2025, an 86.8 percent increase from 2024 and closed 31 CPACE transactions totaling $538.2 million. The firm also expanded its government lending platform, including USDA and other federally guaranteed programs, to support sponsors across asset types and capital needs.

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