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Peachtree Receives Approval for Development of Hilton Hotel
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Peachtree Receives Approval for Development of Hilton Hotel
ATLANTA, Georgia—Peachtree Group (Peachtree) announced that it has received I-956F approval from U.S. Citizenship and Immigration Services (USCIS) for the development of a 116-room Homewood Suites by Hilton in Sugar Mountain, North Carolina. Peachtree originated the $28 million senior secured construction loan to fund the project through its EB-5 investment platform. The project represents Peachtree’s sixth EB-5 financing, bringing total capital…
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