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Peachtree Group successfully closes third Delaware Statutory Trust, providing prime opportunity for 1031 Exchange investors

Hilton Garden Inn Jackson Tenn
Hilton Garden Inn Jackson, Tenn

Peachtree Group underscores its commitment to innovation and investor satisfaction, aligning with the core principles of the 1031 exchange and offering investors a seamless avenue to transition capital gains into a new passive investment, particularly within the thriving hotel sector.

ATLANTA – Peachtree Group, a leading commercial real estate investment firm with a $6.4 billion portfolio of equity and debt investments, announces the successful closure of its third hotel property structured as a Delaware Statutory Trust (DST) with the completed acquisition of its 98-key Hilton Garden Inn in Jackson, Tenn.

The Hilton Garden Inn is well located in West Tennessee, offering direct access to diverse demand drivers in the area.

“The hotel’s strategic location near healthcare and manufacturing jobs, including Ford’s planned $5.6 billion Blue Oval City, along with a diverse collection of entertainment and retail destinations, establishes it as a valuable addition to our expanding portfolio of DST properties,” said Tim Witt, Peachtree Group’s president, 1031 Exchange/DST Products.

This strategic acquisition presented a compelling opportunity for 1031 exchange investors seeking to reinvest proceeds from the sale of appreciated real estate while enjoying tax deferral benefits and maintaining a robust allocation to real estate.

Since forming its DST program in Aug. 2022, Peachtree Group has quickly become a top-15 sponsor in the securitized 1031 exchange marketplace, according to a year-end market equity update from Mountain Dell Consulting.

The other two DST acquisitions included the 100-key Courtyard by Marriott Atlanta Kennesaw (Atlanta MSA) and the 126-key Home2 Suites by Hilton Chandler (Phoenix MSA). These two properties also benefit from strong, growing and diversified demand drivers.

All three acquisitions, totaling more than $83.8 million in real estate-related transactions, were acquired debt-free.

“Hotels represent an enticing investment due to the enduring secular trends that propel them forward. The anticipated growth in travel-related expenditure, expected to grow from $10 trillion to $15 trillion over the next decade, fuels the optimistic outlook. Moreover, hotels stand to benefit from the enduring imbalance between growing demand and slower supply, further solidifying hotels’ position as a resilient investment,” Witt said. 

Co-Founder & Chief Editor - TravelDailyNews Media Network | Website | + Posts

Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.

She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.

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