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ForbesMay 11, 2022

Lifestyle Boutiques Driving Leisure Hospitality Market

An increasing number of travelers today are as interested in collecting memorable experiences as they are in collecting travel rewards, and this is driving more consumer demand and investor appetite for boutique-style, soft-brand hotels that offer a unique setting for these experiences to unfold.

Washington Business JournalApr 27, 2022

Hotel investment sales off to a strong start this year, with leisure markets continuing to outperform

Travel is finally seeing the rebound hotel operators have been waiting for since the onset of the Covid-19 pandemic more than two years ago.

Hotels MagazineApr 4, 2022

Driftwood CEO sees the new light

As Carlos Rodriguez, Sr., CEO of Driftwood Capital, puts it, “At the end of the day, it’s all about trust and letting everyone know where you stand and what is happening.”

Hotel ManagementFeb 24, 2022

Driftwood Capital buys Arizona resort, plans renovation

Florida-based Driftwood Capital bought the Scottsdale Resort at McCormick Ranch and is planning a major renovation and conversion of the resort to a Curio by Hilton, the Phoenix Business Journal reported.

LodgingFeb 23, 2022

Driftwood Capital Acquires The Scottsdale Resort at McCormick Ranch

Driftwood Capital has acquired The Scottsdale Resort at McCormick Ranch, a hacienda-style resort with 326 guestrooms located on 16 acres in one of Arizona’s planned communities.

MeetingsNetFeb 17, 2022

Fewer Rooms, More Villas for AZ Meeting Resort

The Scottsdale Resort at McCormick Ranch was renovated in 2015, but the upgrade planned by its new owner, Driftwood Capital, is being called the most extensive in the property’s nearly 50-year history.

Hotel OnlineFeb 15, 2022

Driftwood Capital Acquires The Scottsdale Resort at McCormick Ranch in Arizona

Driftwood Capital plans to complete a multimillion-dollar renovation that will convert the Hotel to a Curio Collection by Hilton, a global upscale brand of one-of-a-kind hotels and resorts handpicked for their distinct character.

Club + ResortFeb 15, 2022

Scottsdale (Ariz.) Resort at McCormick Ranch Sold for $113M

Florida-based Driftwood Capital bought the Scottsdale Resort at McCormick Ranch and is planning a major renovation and conversion of the resort to a Curio by Hilton, the Phoenix Business Journal reported.

ABC 15Feb 15, 2022

Florida firm buys Scottsdale resort, plans major renovations

Driftwood Capital bought the 16-acre resort for $113 million on Feb. 10 from an entity of Hong Kong-based Junson Capital, according to Maricopa County records.

Phoenix Business JournalFeb 14, 2022

Florida firm buys Scottsdale resort, plans major renovations

Driftwood Capital bought the 16-acre resort for $113 million on Feb. 10 from an entity of Hong Kong-based Junson Capital, according to Maricopa County records.

KTAR NewsFeb 14, 2022

Scottsdale Resort at McCormick Ranch sold, to undergo renovations

A hotel property in Scottsdale that has been around for more than four decades was recently sold and will undergo a multimillion-dollar renovation.

AZ Big MediaFeb 11, 2022

Driftwood Capital buys Scottsdale Resort at McCormick Ranch

Driftwood Capital plans to complete a multimillion-dollar renovation that will convert the Hotel to a Curio Collection by Hilton, a global upscale brand of one-of-a-kind hotels and resorts handpicked for their distinct character.

Guide GlobalFeb 11, 2022

Driftwood Capital Adds The Scottsdale Resort at McCormick Ranch in Arizona to Growing Hospitality Portfolio

Accredited investors will have the opportunity to invest in the hotel through Driftwood Capital’s DealDirect investment platform beginning in the second quarter of 2022.

Florida TodayFeb 11, 2022

Public-private partnership for new convention center would be win for Brevard | Opinion

Driftwood — which currently owns three other hotels and employs 300 people in the region — has proposed making a $300 million private investment to build a luxury oceanfront resort.

Florida TodayFeb 9, 2022

Brevard commissioners reject funding convention center study, with three of five opposed

A majority of the Brevard County Commission opposes using tax money to pay for a study on whether the county needs a new convention center, how big it should be and where it should be located.

HospitalityNetFeb 3, 2022

Martin Pinsker has been appointed Vice President – Acquisitions at Driftwood Capital in Coral Gables

Driftwood Capital is pleased to announce the appointment of Martin Pinsker to the role of Vice President In this role, Pinsker will help shape and execute on the firm's long-term investment strategy through the selective acquisition of full-service, cash-flowing hotels in U.S. markets with strong underlying fundamentals.

Connect CREFeb 3, 2022

Driftwood Capital Appoints Martin Pinsker to VP of Acquisitions

Pinsker will help shape and execute on the firm’s long-term investment strategy through the selective acquisition of full-service, cash-flowing hotels in US markets with strong underlying fundamentals.

GlobeStJan 24, 2022

No Deep Discounts for Hotels, But There Is Still Opportunity to Unlock Value

Once the pandemic hit, many investors waited, patiently, for opportunities to buy assets at a discount. There was a widespread expectation that a wave of distressed assets would come to market, as happened following the Financial Crisis.

Trail GazetteJan 20, 2022

Driftwood Capital executes $139M financing package of two Colorado resort hotels

Driftwood has closed a $138.7 million financing package for two resort hotels located in Estes Park, Colorado on behalf of the sponsor Grand Heritage Hotel Group.

Rebusiness OnlineJan 20, 2022

Driftwood Capital Closes $138.7M Financing Package for Two Colorado Resort Hotels

Driftwood Capital has arranged a $138.7 million financing package for two resort hotels in Estes Park on behalf of Grand Heritage Hotel Group.

Connect CREJan 14, 2022

Two Estes Park Resort Hotels Lock in $139M Financing Package

Driftwood Capital recently closed a $138.7 million financing package for two resort hotels located in Estes Park, CO on behalf of the sponsor Grand Heritage Hotel Group. 

Hotel BusinessJan 13, 2022

Driftwood Capital executes financing package for two Colorado resorts

The proceeds cover the refinancing of the historic Stanley Campus, which has four lodging options comprising 192 guestrooms and 31 condo units, along with the acquisition of the nearby Fall River Village Resort (shown above) , an 89-key upscale lodge.

Hotel ManagementJan 13, 2022

Grand Heritage Hotel Group buys two Colorado resort hotels

Driftwood Capital has closed a $138.7 million financing package for two resort hotels located in Estes Park, Colo., on behalf of the sponsor Grand Heritage Hotel Group.

Hotels MagazineJan 12, 2022

Driftwood executes big finance package

Driftwood Capital has closed a US$138.7 million financing package for two resort hotels located in Estes Park, Colorado, on behalf of the sponsor Grand Heritage Hotel Group. 

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