Peachtree Hotel Group, one of the vital nation’s fastest growing hotel acquisition, management, development and ownership groups, today announced that it acquired/invested in six hotels within the southeastern Usa through the 2013 first quarter. At this pace, the corporate is definitely previous to its previously announced goal of adding 15 hotels to its portfolio in the course of the coming year. “Our option to hotel investment begins with being flexible,” said Greg Friedman, Peachtree CEO. “Our growth strategy encompasses 100% acquisitions, participating as a majority or minority owner, acquiring first mortgage hotel loans and third-party management.” Jatin Desai, chief investment officer, noted that the company’s diversified acquisition technique of both real estate and note acquisitions allows it to surface transactions very early within the process which yields more opportunities. “During...
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