Atlanta, GA

$12,000,000 First Mortgage

In October 2025, a $12.0 million first mortgage was provided as part of a $67.5 million total financing, co-financed alongside an institutional capital partner, to fund the acquisition of a full-service hotel located at 590 West Peachtree Street NW in Atlanta, Georgia. The property comprises approximately 413,000 square feet with 462 keys and was operating at roughly 59% occupancy at closing.

The business plan centers on acquiring the hotel out of lender REO and executing a comprehensive repositioning and rebranding strategy, including a large-scale renovation and conversion to a Marriott-branded hotel, supported by additional capital for upgrades and stabilization.

The hotel is strategically located in Midtown Atlanta, adjacent to Georgia Tech and near major demand drivers including Emory University Hospital, Mercedes-Benz Stadium, State Farm Arena, the Georgia World Congress Center, and Atlanta International Airport.