How Peachtree’s EB-5 Program Fuels Hotel Development
PEACHTREE GROUP RECENTLY secured U.S. Citizenship and Immigration Services approval for four regional centers: South, Northeast, Midwest and West. The approvals allow Peachtree to independently structure and sponsor EB-5 projects in designated territories, streamlining investment and accelerating deal execution.
The approved centers cover the continental U.S., giving Peachtree a nationwide platform to grow its EB-5 program, the company said in a statement.
“Implementing an EB-5 program is an excellent way to access low-cost capital, diversify funding sources and invest in job-creating projects across the country," said Greg Friedman, Peachtree’s CEO and managing principal.
Atlanta-based Peachtree is led by Friedman, Jatin Desai, managing principal and CFO, and Mitul Patel, principal.
Peachtree launched its EB-5 program in 2023, appointing Adam Greene as executive vice president.
Since then, the program has received three I-956F approvals for hotel developments: Home2 Suites by Hilton in Boone, North Carolina; TownePlace Suites by Marriott in Palmdale, California; and SpringHill Suites by Marriott in Bryce Canyon City, Utah.
With the approvals, Peachtree plans to scale its EB-5 efforts, increase deal volume and integrate EB-5 capital into its broader investment strategy. “These approvals mark a major milestone for Peachtree, solidifying our ability to independently execute EB-5 transactions and accelerate investment initiatives,” said Greene. “With this expanded capacity, we can efficiently sponsor and structure projects, further driving economic development and job creation across the country.”
The regional center approvals are a critical milestone in facilitating EB-5 investment. Previously reliant on third-party centers, which added complexity and delayed processing, Peachtree can now directly manage and file EB-5 investments, reducing timelines and increasing control over its platform.
The EB-5 visa program allows foreign investors to obtain a green card by investing in a U.S. commercial enterprise that creates jobs, the statement said. Investors who contribute at least $800,000 to a U.S.-based project that creates or preserves 10 full-time jobs for U.S. workers are eligible for permanent residency.
“Looking ahead, we are committed to expanding our EB-5 footprint by increasing qualifying projects and deepening our engagement with EB-5 investors,” said Greene.
Friedman was named to the 2025 GlobeSt. Rainmakers in CRE Debt, Equity & Finance list and the Commercial Observer’s Power Finance list.
