ATLANTA—Officials with Peachtree Hotel Group report the firm completed seven hotel finance and acquisition transactions this summer involving a combination of mortgage notes, real estate acquisitions, majority interest investments, and bridge loans.

“We have now met our 2014 goal of adding up to 14 new assets to our hotel portfolio, and we still have plenty of time to far exceed those aggressive numbers and make this a record year for Peachtree,” says Greg Friedman, Peachtree CEO. “We remain a nimble investor, capable of executing quickly for the right investment opportunities.”

The company reports that from May 30th through August 22nd, it transacted: a first mortgage note purchase on a La Quinta hotel property in Georgia; a first mortgage note purchase on a boutique hotel in South Carolina; a purchase of the Crowne Plaza in North Charleston, SC; a purchase of the Hilton Garden Inn in Overland Park, KS; the acquisition of the Hampton Inn and Suites in Orlando/UCF in Florida; the majority interest purchase of the Magnuson in Cool Springs, TX, which will be converted to a Holiday Inn; and the first mortgage bridge loan on the TownePlace Suites in Clear Lake, TX.

“The hospitality industry continues its upward trajectory in terms of both rate and occupancy, and we continue to be an active player as investment opportunities come to market,” says Jatin Desai, Peachtree CIO. “We have put the teams in place to maintain rapid, but measured growth, and we expect to maintain our current pace of activity in the select- and limited-service hotel arenas for the foreseeable future.”

Peachtree Hotel Group operates, develops and invests in premium-branded, select- and limited-service and extended-stay hotel assets under the Marriott, Starwood, Hilton, Hyatt, Choice and InterContinental Hotels Group flags. Since its inception, Peachtree has acquired or developed more than $410 million of hotel properties and first mortgage notes. Peachtree's current portfolio is comprised of 54 hotel assets totaling 5,199 rooms, including 28 real estate assets and 26 notes.