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Vision Hospitality breaks ground on Hampton Inn in Blue Ridge Mountains

The new hotel in north Georgia is expected to open in 2021

VISION HOSPITALITY GROUP broke ground Feb. 13 on Hampton Inn by Hilton Blue Ridge in Blue Ridge, Georgia. The Chattanooga, Tennessee-based company, led by Mitch Patel, president and CEO, is developing the new hotel with Blue Ridge Hotel, LLC.

The 109-room hotel, expected to open in 2021, will have the city’s only rooftop bar and 1,200 square feet of meeting space. The city is in the foothills of the Blue Ridge Mountains with more than 300 miles of hiking trails, horseback riding opportunities and the Blue Ridge Scenic Railway.


The Blue Ridge Historic District includes local breweries, wineries and eateries along with retail shops. Atlanta is two hours away from the planned Hampton Inn.

“The hotel introduces the area’s first rooftop bar and will be the only hotel with walkable access to all the restaurants, galleries and shops that make Blue Ridge such a popular destination,” said Mitch Patel, President & CEO of Vision Hospitality Group.

Earlier in February, Vision Hospitality broke ground on the upscale 156-room AC Hotel Atlanta Perimeter Center in Atlanta, also expected to open in 2021.

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Peachtree Group's Equipment Finance Hits $30M Milestone
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Peachtree’s equipment finance hits $30M

Summary:

  • Peachtree posted nearly $30 million in equipment finance transactions in its first quarter.
  • The division was created to fill a gap as banks reduce lending to middle-market borrowers.
  • Deals covered equipment for transportation, technology and material handling.

PEACHTREE GROUP’S EQUIPMENT finance division closed $29.8 million in capital lease and fair market value transactions across multiple industries in its first full quarter following the platform’s October launch. The deals included equipment for transportation, technology and material handling.

Peachtree Equipment Finance was created to address a gap in the equipment leasing market as banks reduce exposure to middle-market borrowers, Peachtree said in a statement. It focuses on capital leases and FMV transactions structured to businesses’ operational needs.

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