Monomoy Property Ventures and Axonic Capital Acquire Property in Atlanta, Plan Conversion to Marriott Hotel
ATLANTA, Georgia—Monomoy Property Ventures (Monomoy) and Axonic Capital announced the acquisition of 590 West Peachtree Street in Atlanta, Georgia. The property will soon undergo a substantial capital investment program led by Monomoy in partnership with an architect and design team, and be repositioned under the Marriott Hotels brand, Marriott International’s flagship full-service offering. Monomoy and Axonic have selected Schulte Hospitality Group as the property management company. “This project aligns with Monomoy’s track record of acquiring […]
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