Peachtree Group, an Atlanta-headquartered commercial real estate investment firm, has launched a new equipment finance division that will provide equipment lease financing across industries, including commercial real estate and hospitality.
According to the company, the division was created in response to commercial real estate clients who required equipment financing – particularly in hospitality, where furniture, fixtures, and equipment are required for new developments.
Brian Shaughnessy was named president of the new division. He was most recently co-founder and CEO of IMT Commercial, an alternative portfolio and asset acquisition and management firm. He will be joined by Roger Johnson, the other co-founder of IMT Commercial, as executive vice president and principal.
“This launch is more than the start of a new business line. It continues relationships that span more than 15 years,” said Greg Friedman, Peachtree’s managing principal and CEO. “We have known and worked alongside Brian and Roger for well over a decade, watching them build reputations as trusted leaders in equipment finance. Their arrival marks both a reunion and a natural extension of our long-standing ties.”
Photo: Brian Shaughnessy
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