The Hospitality Newsletter
Today Sunday, August 23, 2026
Original finance The Hospitality Newsletter Team · ·For: Owner, Investor, GM

Peachtree Expands 1031 DST Platform to $525M with Hotel Deal

Atlanta-based Peachtree Group reaches 15 Delaware Statutory Trust offerings, adding a Florida hotel and an industrial asset.

The short answer

Peachtree Group has grown its DST platform to $525 million with the addition of the Holiday Inn Express Cape Canaveral and a Cummins-leased industrial facility. The firm now ranks as the seventh most active 1031 exchange sponsor in 2026.

$525M
total value of DST offerings
since launch in 2022
150
guestrooms at Holiday Inn Express Cape Canaveral
48,206
square footage of St. Louis industrial facility
No. 7
rank among 1031 exchange sponsors
2026 YTD capital raise
Peachtree Expands 1031 DST Platform to $525M with Hotel Deal
Photo: Diego F. Parra / Pexels

The short version

  • Peachtree Group expanded its DST platform to $525 million across 15 total offerings since 2022.
  • PG Cape Canaveral DST adds a 150-room Holiday Inn Express driven by aerospace, military, and cruise demand.
  • Mountain Dell Consulting ranks Peachtree as the seventh most active 1031 exchange sponsor in year-to-date 2026 capital raising.

Peachtree Group has expanded its Delaware Statutory Trust platform to approximately $525 million in total value following two new acquisitions in Florida and Missouri [[1], [2]]. The additions represent the firm's 14th and 15th DST offerings since launching the program in 2022, providing accredited investors with 1031 exchange-eligible commercial real estate options [[1], [3]].

What assets did Peachtree Group add to its DST portfolio?

Peachtree Group acquired a hospitality property in Florida and an industrial asset in the St. Louis metropolitan area [[1], [2]]. As reported by Hotel Business, the first deal is PG Cape Canaveral DST, anchored by the 150-room Holiday Inn Express Cape Canaveral [1]. The second transaction is PG St. Louis Industrial DST, comprising a newly constructed, Class A industrial facility [[1], [2]].

According to Lodging Magazine, the St. Louis property spans 48,206 square feet within Gateway Commerce Center [2]. It operates under a 15-year net lease and is 100 percent leased to Cummins Inc., an investment-grade global power solutions firm [2]. The industrial lease structure incorporates contractual annual rent increases [2].

industrial warehouse logistics building exterior
Photo: Peter Xie / Pexels

What lodging demand drivers support the Cape Canaveral acquisition?

The Holiday Inn Express Cape Canaveral generates business from cruise tourism, aerospace operations, and military facilities [[1], [3]]. The recently developed 150-room hotel sits directly across from Port Canaveral, which ranks as one of the world's busiest cruise ports [1].

Asian Hospitality noted that the property captures year-round lodging demand generated by Port Canaveral, Kennedy Space Center, Cape Canaveral Space Force Station, and regional Space Coast leisure travel destinations [[1], [3]].

cruise ship terminal harbor view
Photo: Diego F. Parra / Pexels

How does Peachtree Group rank in the 1031 exchange market?

Mountain Dell Consulting ranks Peachtree Group as the No. 7 most active 1031 exchange sponsor based on year-to-date 2026 capital raise activity [[1], [3]]. Since debuting its DST investment platform in 2022, the Atlanta-based company has scaled the vehicle to approximately $525 million across 15 offerings [[1], [2]].

Led by Managing Principal and CEO Greg Friedman, Principal and CFO Jatin Desai, and Principal Mitul Patel, Peachtree operates across credit, equity, development, asset management, and property management [3]. Outside its DST growth, Asian Hospitality reported that Peachtree was named to the 2025 Inc. 5000 for the fourth consecutive year, ranking 3,831st with three-year revenue growth of about 67 percent [3].

Offering NameAsset TypeSize / Key CountLocationAnchor Tenant / Brand
PG Cape Canaveral DSTHospitality150 roomsCape Canaveral, FLHoliday Inn Express
PG St. Louis Industrial DSTIndustrial (Class A)48,206 sq ftSt. Louis metro area, MO / ILCummins Inc. (15-year net lease)

What is Peachtree's underwriting approach for DST offerings?

Peachtree maintains consistent underwriting standards across both hospitality and commercial real estate properties [[1], [2]]. Tim Witt, president of 1031 Exchange and DST Products at Peachtree, explained that the firm applies the same underwriting standards used throughout its broader real estate business to build a pipeline across multiple property sectors [[1], [2]].

Reported by

This article was written from the following reporting. Follow the links for the original coverage.

Frequently asked

+What is the total value of Peachtree Group's DST platform?

Peachtree Group's Delaware Statutory Trust platform has reached approximately $525 million in total value across 15 offerings since its launch in 2022.

+Which hotel property was included in the latest DST expansion?

The expansion includes the 150-room Holiday Inn Express Cape Canaveral in Florida, located directly across from Port Canaveral.

+What non-hospitality asset was acquired alongside the hotel?

Peachtree acquired a 48,206-square-foot Class A industrial facility in the St. Louis metropolitan area, 100 percent leased to Cummins Inc. under a 15-year net lease.

+How does Peachtree rank among 1031 exchange sponsors?

Mountain Dell Consulting ranks Peachtree as the No. 7 most active 1031 exchange sponsor based on year-to-date 2026 capital raise activity.

+Who leads Peachtree Group?

Peachtree Group is led by Managing Principal and CEO Greg Friedman, Principal and CFO Jatin Desai, and Principal Mitul Patel.

Keep reading