ATLANTA—Peachtree Hotel Group invested more than $50 million in seven hotels during the second quarter of 2013. The group is on track to exceed its 2013 hotel acquisition and investment goals before the end of the third quarter.

"Our first quarter activity included the acquisition of six assets, while the second quarter was dominated by note purchases and direct loan originations," says Greg Friedman, Peachtree CEO. "We set a 2013 goal of growing our total portfolio by 15 assets, and at the mid-point of the year, we have outpaced our own aggressive plan.”

Friedman says the firm's ability to invest in all levels of the capital stack, from equity to senior debt to mezzanine and beyond, enables the hotel investment firm to leverage opportunities in a volatile market. Peachtree has what he calls a “healthy appetite” for all areas of engagement, as well as the financial capacity to continue executing at this pace.

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