Peachtree Group Surpasses $1.6B in 2024 Credit Transactions, Fueling CRE Growth
PEACHTREE GROUP DEPLOYED $1.6 billion in credit transactions in 2024, up 54 percent from 2023. Hospitality and multifamily led with $876 million and $392.3 million, while $297.4 million went to industrial, land, mixed-use, retail, office and single-family residential assets.
The company has executed more than $1 billion in commercial real estate transactions, reflecting its lending reach, Peachtree said in a statement.
“As we reflect on 2024, we executed a record level of transactions while expanding our lending platform to serve a broader range of commercial real estate asset classes,” said Greg Friedman, Peachtree’s CEO and managing principal. “Looking ahead, we expect outsized growth by leveraging our private credit lending programs and launching additional initiatives to address underserved niches in the market.”
Atlanta-based Peachtree, led by Friedman, managing principal and CFO Jatin Desai and Principal Mitul Patel, has grown its private credit lending across hospitality, multifamily, industrial, and specialty assets. Since 2010, the company has expanded private credit in commercial real estate, supporting hotels and other sectors.
“With sustained high interest rates, reduced bank lending, and $4.5 trillion in U.S. commercial real estate debt maturing by 2028, the need for alternative financing solutions is more critical than ever,” said Daniel Siegel, president and principal, CRE at Peachtree. “At Peachtree, we help borrowers navigate rising capital costs and liquidity constraints by offering flexible financing solutions across multiple asset classes.”
Peachtree set a 2024 record in CPACE financing with 22 transactions totaling $316.6 million, the statement said. Its CPACE team also surpassed $1 billion in total transactions, a milestone few firms achieve, reinforcing its leadership in structured financing.
Peachtree, which provides permanent loans, bridge loans, mezzanine financing, CPACE loans and preferred equity investments, expanded its offerings last year with a triple net lease financing program to support sponsors.
“As Peachtree continues to scale its lending platform, it remains committed to providing capital solutions that drive long-term value for borrowers and investors alike,” Friedman said.
Peachtree recently surpassed $2 billion in hotel development, with 48 hotels nationwide, including 10 in qualified opportunity zones. The company also appointed Jordan Hylton as senior vice president of multifamily acquisition for its Delaware Statutory Trust platform, which recently expanded into multifamily investments.
Founded in 2007, Peachtree is a vertically integrated investment firm focused on sourcing, underwriting, and managing assets. The Mortgage Bankers Association ranked Peachtree as the seventh-largest investor-driven commercial real estate lender in the U.S.
