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Atlanta-based Peachtree Group has made its sixth hotel acquisition structured as a Delaware Statutory Trust (DST) with the 90-key Home2 Suites by Hilton St. Augustine I-95 in the greater Jacksonville, Florida area.
The hotel was acquired from an undisclosed seller for an undisclosed price. It’s the third DST acquisition Peachtree has made this year following its purchase of the 128-key Residence Inn Tampa Wesley Chapel in Tampa, Florida.