Skip to content

Search

Latest Stories

Peachtree Hotel Group inducts new faces into management team

New additions are meant to support Peachtree’s strategic growth objectives

Peachtree Hotel Group inducts new faces into management team

PEACHTREE HOTEL GROUP and its affiliates added five executives to its management teams. These new appointments aim to strengthen the company’s ability to support strategic growth objectives to scale its investment platform and further diversify allocation strategies, the company said in a statement.

The Atlanta-based company, led by Jatin Desai and Mitul Patel as managing principals, appointed Matthew Ram as senior vice president of acquisitions and Susan McClure as vice president leadership and executive development.


Will Woodworth assumed the role of vice president for investments, Nicole Havens is vice president of revenue management and Kelly Mascari is vice president of operations at PHG’s affiliate Peachtree Hospitality Management.

"I am extremely pleased to see such an experienced group of executives joining Peachtree," said Greg Friedman, Peachtree's CEO. "Current market conditions are highly compelling for commercial real estate investing. We expect to see significant growth and appreciation across the sectors that Peachtree invests in, driving values past pre-pandemic levels. Also, values of real estate assets have historically moved in line with inflation over the longer term.”

Previously, Ram was vice president of acquisitions for McKibbon Hospitality. Also, he held leadership positions with Liberty Group, J.J. Haines & Co. and Wells Fargo. He has a bachelor’s degree in finance from the University of South Florida and is an active board member of the Real Estate Investment Council and Society of Real Estate Professionals.

McClure was vice president / principal consultant for North America for Right Management. She held leadership positions with The Highland Group, Conner Partners and Wells Real Estate Funds. She received her Ph.D. in Organizational & Management from Capella University and her master’s and bachelor’s degrees from Georgia State University.

Woodworth was vice president of investments at AMS Hospitality/Stormont Hospitality Group. He held positions with Rockbridge and Wells Fargo. He has a master’s degree in business administration from the Johnson Graduate School of Management at Cornell University and a bachelor’s degree from the Georgia Institute of Technology. Woodworth sits on the board and is the current treasurer of the Atlanta Hospitality Alliance.

Havens’ experience expands from Hilton corporate, property-level leadership, multi-brand management support and asset development. Havens has driven commercial strategy for owned and managed portfolios across the Hilton, Marriott, IHG and Hyatt landscape during her career.

She has worked with several REITs on owner relations tailoring communication and strategic roadmaps to fit the goals of third-party asset management teams. Havens received her bachelor’s degree from Southern Methodist University.

Mascari has been in the hospitality industry for 25 years. She was chief sales officer for Pinstripes, handling sales for its events and catering services. Previously, Mascari was senior vice president for First Hospitality Group and Pillar Hotels & Resorts.

She has a bachelor’s degree from the University of Missouri at Columbia. She is also a Leadership Mastery Trainer and PI Certified Coach.

Last month, the hotel group rearranged its senior leadership roles to support the company’s real estate investment platform and operation services.

More for you

Trump reviewing 55 million us visas
Getty Images

Trump reviewing 55 million visas

Summary:

  • The Trump administration says it is reviewing more than 55 million visa holders.
  • Reviews cover a wide range of visas for law enforcement and overstay violations.
  • The administration also suspended worker visas for foreign commercial truck drivers.

THE TRUMP ADMINISTRATION is reviewing more than 55 million people who hold valid U.S. visas for potential violations. It is expanding a policy of “continuous vetting” that could result in revocation and deportation.

Keep ReadingShow less
Peachtree Funds Rio Las Vegas Renovations | $176M CPACE Loan
Photo credit: Hyatt Hotels Corp.

Peachtree originates retroactive CPACE loan for Rio Vegas

Summary:

  • Peachtree Group originated a $176.5 million retroactive CPACE loan for a Las Vegas property.
  • The deal closed in under 60 days and ranks among the largest CPACE financings in the U.S.
  • The company promotes retroactive CPACE funding for commercial real estate development.

PEACHTREE GROUP ORIGINATED a $176.5 million retroactive Commercial Property Assessed Clean Energy loan for Dreamscape Cos.’s Rio Hotel & Casino in Las Vegas. The deal, completed in under 60 days, is its largest credit transaction and one of the largest CPACE financings in the U.S.

Keep ReadingShow less
Spark Acquires Home2 Suites Wayne, New Jersey
Photo Credit: Hunter Hotels

Spark acquires Wayne, N.J., Home2 Suites

Summary:

  • Spark acquired the 120-key Home2 Suites by Hilton Wayne in Wayne, New Jersey.
  • Hunter Hotel Advisors facilitated the transaction with DC Hospitality Group affiliates.
  • The 2020-built hotel is near William Paterson University and less than 20 miles from Manhattan.

SPARK GHC RECENTLY acquired the 120-key Home2 Suites by Hilton Wayne in Wayne, New Jersey, from affiliates of DC Hospitality Group. Hunter Hotel Advisors facilitated the deal for an undisclosed amount.

Keep ReadingShow less
Global hotel construction pipeline reaches record 15,871 projects in Q2 2025, with U.S. and Dallas leading growth
Photo Credit: iStock

Report: Global pipeline hits 15,871 projects

Summary:

  • Global pipeline hit a record 15,871 projects with 2.4 million rooms in Q2.
  • The U.S. leads with 6,280 projects; Dallas tops cities with 199.
  • Nearly 2,900 hotels are expected to open worldwide by the end of 2025.

THE GLOBAL HOTEL pipeline reached 15,871 projects, up 3 percent year-over-year, and 2,436,225 rooms, up 2 percent, according to Lodging Econometrics. Most were upper midscale and upscale, LE reported.

Keep ReadingShow less
HAMA Launches 20th Student Case Competition in USA
Photo Credit: iStock

HAMA launches 20th student case competition

Summary:

  • HAMA is accepting submissions for its 20th annual student case competition.
  • The cases reflect a scenario HAMA members faced as owner representatives.
  • Teams must submit a financial analysis, solution and executive summary.

THE HOSPITALITY ASSET Managers Association is accepting submissions for the 20th Annual HAMA Student Case Competition, in which more than 60 students analyze a management company change scenario and provide recommendations. HAMA, HotStats and Lodging Analytics Research & Consulting are providing the case, based on a scenario HAMA members faced as owner representatives.

Keep ReadingShow less