Peachtree Group Expands Third-Party Hotel Management Business with New Partnership with Group 10 Management

ATLANTA--(BUSINESS WIRE)--Nov 6, 2024--

Peachtree Group (“Peachtree”) has announced a long-term partnership with Southfield, Michigan-based Group 10 Management (“Group 10”), expanding its managed portfolio with 14 new hotels totaling 1,648 rooms. This milestone growth pushes Peachtree's total managed operations beyond 100 hotels and solidifies its position as a leading third-party hotel manager. The properties are primarily Marriott, Hilton and IHG-branded hotels and are predominantly located in the metro Detroit area.

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“Our extensive experience in hotel operations allows us to partner with Group 10 to take third-party management to a whole new level,” said Vickie Callahan, president of Peachtree’s hospitality management division. “A substantial portion of Peachtree Group’s portfolio is third-party managed, underscoring our commitment to driving strong financial results for our partners while providing exceptional guest experiences.”

Peachtree’s hospitality management division operates premium-branded, limited-, select- and compact full-service hotels primarily within the upper-midscale and upscale segments. The division now manages 107 hotels across 27 brands totaling 13,485 rooms in 27 states, including Washington D.C. With the addition of the Group 10 properties, Peachtree’s third-party management portfolio expands to 31 hotels.

Through this partnership, Group 10 will benefit from Peachtree’s extensive expertise in compliance with brand standards, scalable operating efficiencies, skilled talent acquisition, digital and marketing initiatives, renovation expertise and other cost-saving measures across the portfolio.

“Peachtree’s expanded portfolio further emphasizes its dedication to delivering high-quality service and operational excellence for partners and guests across the U.S.,” Callahan added.

About Peachtree Group

Peachtree Group is a vertically integrated investment management firm specializing in identifying and capitalizing on opportunities in dislocated markets, anchored by commercial real estate. Today, the company manages billions in capital across acquisitions, development and lending, augmented by services designed to protect, support and grow its investments. For more information, visit www.peachtreegroup.com.

Peachtree Group (“Peachtree”) has announced a long-term partnership with Southfield, Michigan-based Group 10 Management (“Group 10”), expanding its managed portfolio with 14 new hotels totaling 1,648 rooms, including the Courtyard by Marriott Detroit Farmington (pictured). (Photo: Business Wire)

MINNEAPOLIS (AP) — Federal agents served multiple search warrants Tuesday in Minnesota in an ongoing fraud investigation by the Trump administration of publicly funded social programs, authorities said.

Few details were released, though armed agents were seen outside child care centers in the Minneapolis area. KSTP-TV said one crew even had a battering ram.

Democratic Gov. Tim Walz, who has been on the defensive amid Trump administration claims that he hasn't done enough to root out fraud, welcomed the raids. The state child welfare agency said it shared key information with law enforcement.

“We catch criminals when state and federal agencies share information. Joint investigations work, and securing justice depends on it,” Walz said.

Tensions between Minnesota officials and the federal government were high during an extraordinary immigration crackdown that led to the deaths of two people before the operation was eased in February.

Before that crackdown, the government had brought fraud charges against dozens of people, many of them Somali Americans, who were accused of fleecing a federal program that was meant to provide food to children. The investigation began during the Biden administration. More than 60 people have been convicted.

“Homeland Security Investigations in cooperation with our law enforcement partners executed criminal search warrants in Minneapolis relating to the rampant fraud of U.S. taxpayers dollars,” the department said.

The department and Immigration and Customs Enforcement did not immediately respond to requests for more information Tuesday. Agents were seen outside various daycare centers.

In February, Vice President JD Vance said the Trump administration would temporarily halt $243 million in Medicaid funding to Minnesota over fraud concerns. Minnesota sued in response, warning it may have to cut healthcare for low-income families, but a judge on April 6 declined to grant a restraining order.

Walz told Congress in March that he wanted to work with the federal government to help with fraud investigations, but that the immigration surge was making it more difficult.

“The people of Minnesota have been singled out and targeted for political retribution at an unparalleled scale,” he said at the time.

A federal officer stands outside the Mako Child Care Center in Minneapolis, Minn., Tuesday, April 28, 2026. (Anthony Soufflé/Minnesota Star Tribune via AP)

FBI agents walk outside the Mako Child Care Center in Minneapolis, Minn. on Tuesday, April 28, 2026. (Anthony Soufflé/Minnesota Star Tribune via AP)

FILE - Minnesota Gov. Tim Walz speaks during a House Committee on Oversight and Government Reform hearing on oversight of fraud and misuse of Federal funds in Minnesota, March 4, 2026, on Capitol Hill in Washington. (AP Photo/Rod Lamkey, Jr., File)