Peachtree exceeds $2 billion in hotel developments

PEACHTREE GROUP RECENTLY surpassed $2 billion in hotel development, with 48 hotels nationwide, including 10 in qualified opportunity zones. The company is expanding into urban infill markets through underwriting,
project management, local partnerships and larger investments.

The Atlanta-based company began developing hotels 17 years ago with a $10 million Fairfield Inn in Alabama, focusing on suburban, highway and tertiary markets in the Southeast and Midwest, Peachtree said in a statement.

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

“Our early projects taught us how to build efficiently and effectively, setting the stage for the more complex developments we’re delivering today,” said Friedman. “From suburban mainstays to urban landmarks, our team’s
adaptability and expertise have been key to our success.”