Peachtree promotes LeBlanc to EVP of business development

Brent LeBlanc is the new executive vice president of business development at Peachtree Group. In this role, LeBlanc will focus on growing the company’s vertically integrated investment platforms by fostering business development and collaborating with investment teams to capture new opportunities.

LeBlanc joined Peachtree in 2012 to lead a growth strategy, expanding the company’s footprint in the western U.S. and strengthening relationships with premium hotel brands like Marriott, Hilton, Hyatt, and IHG. During that time, he participated in more than $4 billion in real estate transactions across the enterprise, the statement said.

Before joining Peachtree, LeBlanc held roles as vice president of franchise development at both Starwood Hotels & Resorts and La Quinta Inn & Suites. He has launched hotel brands and completed complex transactions with major U.S. hotel operators and developers, Peachtree said in a statement.

Peachtree is led by CEO and managing principal Greg Friedman, CFO and managing principal Jatin Desai, and principal Mitul Patel.

“This year, Peachtree surpassed $10 billion in transaction investment value, and we see tremendous opportunities to grow further,” said Friedman. “We recognize the need to prioritize business development to enhance our competitive edge in the market. Brent is a trusted leader and the right person to guide Peachtree’s business development forward.”

Most recently, LeBlanc served as executive vice president of capital markets, where he helped expand Peachtree PC Investors, the company’s broker-dealer affiliate, the statement said. He was instrumental in scaling PPCI’s capital markets, investor relations, and sales efforts, while also strengthening its financial and compliance operations. In 2023, he appointed Brian Cho as president of PPCI, who continues to oversee all areas of equity capital markets.

“By prioritizing business development, we are positioning ourselves to capitalize on emerging opportunities and navigate the evolving financial landscape,” Friedman said.

“The core of our business development efforts is a strong commitment to innovation and strategic partnerships,” said LeBlanc. “We are dedicated to identifying and capitalizing on new opportunities to ensure the firm’s long-term growth and success. By continuously adapting to market trends and fostering a culture of collaboration, we are well-positioned to drive our business forward and achieve outstanding results.”

Peachtree recently launched its fifth hotel property as a Delaware Statutory Trust with the acquisition of the 128-key Residence Inn Tampa Wesley Chapel, following the purchase of the Home2 Suites by Hilton Atlanta Sugarloaf DST in August.