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Peachtree Expands Debt-Free DST Platform With New Jersey Hotel Offering
ATLANTA, Georgia—Peachtree Group has launched its latest hotel property structured as a Delaware Statutory Trust (DST), the 114-key Residence Inn Ocean Township, located along the Jersey Shore in New Jersey. This marks Peachtree’s eighth DST offering since launching the program in 2022. “This newly developed property represents everything we look for in a DST offering: strong market fundamentals, a leading extended-stay brand, and long-term upside driven by secular tailwinds in travel,” said Tim Witt, president […] The post Peachtree Expands Debt-Free DST Platform With New Jersey Hotel Offering appeared first on LODGING Magazine.
ATLANTA, Georgia—Peachtree Group has launched its latest hotel property structured as a Delaware Statutory Trust (DST), the 114-key Residence Inn Ocean Township, located along the Jersey Shore in New Jersey. This marks Peachtree’s eighth DST offering since launching the program in 2022. “This newly developed property represents everything we look for in a DST offering: strong market fundamentals, a leading extended-stay brand, and long-term upside driven by secular tailwinds in travel,” said Tim Witt, president […]
The post Peachtree Expands Debt-Free DST Platform With New Jersey Hotel Offering appeared first on LODGING Magazine.
