Peachtree Group has promoted three senior executives, including Michael Harper to president, hotel lending; Jared Schlosser to EVP, hotel lending/head, CPACE; and Michael Ritz to EVP, investments.
“These appointments underscore Peachtree’s commitment to its core growth initiatives in hotel lending, as well as fostering talent from within our own ranks, with an eye toward further diversifying its allocation strategies as it taps into new investment opportunities,” said Greg Friedman, CEO/managing principal, Peachtree.
Since joining Peachtree in 2014, Harper has held a succession of leadership roles, directing the company’s credit business, particularly in loan originations and strategic acquisition of credit portfolios. He has led the team through more than 500 investments totaling more than $6 billion. As president, he is responsible for the entirety of the company’s credit platform for hotels, guiding all facets of the credit business.
Schlosser first joined the company in 2019 and helped build the CPACE program, which now exceeds $800 million in transactions. Furthermore, since taking over hotel originations at the start of 2022, Peachtree has completed more than $1.5 billion in hotel loans.
Ritz oversees the company’s credit and equity investments across commercial real estate and other ventures. He joined Peachtree in 2017.
