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Peachtree Group Hires Jenelle Zadik as People and Culture Vice President

Peachtree Group Hires Jenelle Zadik as People and Culture Vice President

by Phil Hall | Jul 18, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Peachtree Group, the Atlanta-headquartered investment firm focused on commercial real estate assets, has hired Jenelle Zadik as people and culture vice president for its lodging subsidiary Peachtree Hospitality Management (PHM). In her new role, Zadik will be...
Christy Jerrigan Named Chief Development Officer at Brittain Resorts & Hotels

Christy Jerrigan Named Chief Development Officer at Brittain Resorts & Hotels

by Phil Hall | Jul 12, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News

Brittain Resorts & Hotels (BRH), a full-service hospitality management company in the Southeast, has recruited Christy Jernigan as chief development officer. Jernigan has more than 20 years of industry experience, most notably serving as the vice president of...
CMBS Delinquency Rate Nears 4%

CMBS Delinquency Rate Nears 4%

by Phil Hall | Jun 30, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The commercial mortgage-backed securities (CMBS) delinquency rate rose 28 basis points to 3.90% in June, according to new data from Trepp Inc. This new increase follows last month’s uptick in delinquencies to its highest rate in 14 months. The overall CMBS delinquency...
REIT Forfeits on $725M Loan for Two San Francisco Hotels

REIT Forfeits on $725M Loan for Two San Francisco Hotels

by Phil Hall | Jun 6, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The real estate investment trust Park Hotels & Resorts (NYSE:PK) is defaulting on the loan for two of its San Francisco hotels, which it is releasing from its portfolio after citing concerns on the city’s “street conditions” and economy....
Disney Offers Preview of Upcoming Pixar Place Hotel

Disney Offers Preview of Upcoming Pixar Place Hotel

by Phil Hall | May 26, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

As the Walt Disney Co. (NYSE:DIS) prepares to shutter its Star Wars: Galactic Cruiser hotel in Orlando, it is also offering a preview of what to expect from the Pixar Place Hotel at Disneyland Resort in Anaheim, California. The 15-story establishment is a reimagining...
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