In December, Peachtree Group achieved a significant milestone by securing $150 million in Commercial PACE (CPACE) financing, approaching $0.75 billion completed since its inception in 2019.
Baxter Hotel Group plans to begin construction on its 16-story, dual-branded hotel this month and expects a 22-month construction timetable.
The eight-story property will have 257 all-suite beachfront guestrooms; a lobby bar and restaurant; a rooftop amenity terrace inclusive of a bar and grille, pool deck and an outdoor entertainment venue; and 13,620 square feet of enclosed meeting and pre-function space, including a 7,800-square-foot ballroom. The resort will also have a three-story parking garage and 7,618 square feet of leasable retail space that will include a Starbucks.
Before joining Peachtree, Zadik, while accompanying her family on a diplomatic assignment, was the head of the community liaison office for the U.S. Consulate General in Nigeria.
She most recently served as vice president at R.M. Woodworth & Associates, a hotel advisory company.
Before joining Peachtree, James was senior director of sales and head of focused service sales for Sonesta International Hotels. She also held leadership positions with Starwood Hotels & Reports, InterContinental Hotels Group and LodgeWorks.
Greene brings over 30 years of financial experience, including over a decade of EB-5 industry expertise, and has managed over $600 million of EB-5 investments during his career.