Atlanta & Southeast News In Your Inbox

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Atlanta & Southeast  + Atlanta  + Hospitality  | 
ACRES Capital Corp., has originated a $74.6-million loan on behalf of Concord Hospitality to fund construction of the Westin Gwinnett Hotel in Duluth, GA.

Concord Hospitality Secures $75M to Start Westin Hotel in Duluth’s Gas South

ACRES Capital Corp., has originated a $74.6-million loan to fund the construction of the Westin Gwinnett Hotel in Duluth, GA.

The loan was provided to Raleigh, NC-based Concord Hospitality.

“The property’s proximity to Atlanta, coupled with being the first 4-star hotel of its kind in this market, will meet the growing demand for business and leisure accommodations in the area,” said ACRES CEO and president Mark Fogel. “The Gas South District’s campus has created a distinctive and exciting atmosphere for hosting a variety of events, and we are confident that will help Westin further distinguish itself by leading the ‘path of progress’ north of Atlanta.”

Located just 30 minutes north of downtown Atlanta, the hotel will serve as the flagship hotel of the Gas South District’s campus. The Westin will feature 348 rooms, 17,607 square feet of meeting space, business center, fitness room, dining and a rooftop bar.


Inside The Story

ACRES Capital Corp.'s Fogel

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Development