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Lodging MagazineMay 13, 2024

Driftwood Capital Provides Mezzanine Financing for Sheraton Dallas Hotel

DALLAS—Driftwood Capital, through its lending fund Driftwood Lending Partners, LP (DLP), provided $30 million in mezzanine financing for the refinancing of the Sheraton Dallas Hotel, a 1,841-key hotel and convention center sponsored by Chartres Lodging Group.

Dallas Business JournalMay 12, 2024

Source of $30M mezzanine loan for downtown Dallas' Sheraton hotel speaks out

It's part of wider $300M refinancing package

Caribbean JournalMay 10, 2024

Marriott Just Opened a New Hotel in Old San Juan, Puerto Rico

If you’ve been to Old San Juan, Puerto Rico, you know the vibe: the pastel-hued Spanish colonial buildings; the sound of salsa permeating every corner; the refreshing cool of a freshly-made Mojito.

Hotel ManagementMay 7, 2024

Driftwood Capital rebrands Hotel Rumbao in Puerto Rico

Driftwood Capital celebrated the grand opening of Hotel Rumbao, a 245-key hotel and Paseo Portuario, a parking and retail complex in Old San Juan, Puerto Rico.

South Florida Business & WealthMay 7, 2024

Driftwood Capital’s Hotel Development Pipeline Surpasses $1 Billion

The prominent vertically integrated commercial real estate firm is based in Coral Gables.

Hotel ManagementMay 3, 2024

Driftwood acquires North Carolina full-service Marriott

Driftwood Capital, a vertically integrated commercial hospitality real estate firm, acquired the Marriott Raleigh Durham Research Triangle Park, a 225-key full-service, upper-upscale hotel located in North Carolina’s Research Triangle area.

Connect CREMay 3, 2024

Driftwood Adds Research Triangle Marriott to Portfolio

Driftwood Capital acquired the Marriott Raleigh Durham Research Triangle Park, a 225-key full-service, hotel located in North Carolina’s Research Triangle area.

Property ReporterMay 3, 2024

Driftwood Capital secures $33 million in refinancing for 200-room Sheraton Park City hotel

Park City, UT — Driftwood Capital, a vertically integrated commercial real estate firm providing accredited investors opportunities to invest in hospitality assets

World Casino NewsMay 3, 2024

Rumbao Tribute Portfolio Hotel in Puerto Rico To Add Casino

In Old San Juan, Puerto Rico, a casino will open at the Rumbao Tribute Portfolio Hotel according to Carlos Rodriguez, CEO of Driftwood Capital, the Florida-based company that owns the hotel.

Hotel BusinessMay 3, 2024

Driftwood acquires Marriott Raleigh Durham Research Triangle Park

Driftwood Capital has acquired the Marriott Raleigh Durham Research Triangle Park, a 225-key, full-service, upper-upscale hotel located in North Carolina’s Research Triangle area.

YoGo NetApr 30, 2024

Puerto Rico: Construction of Viejo San Juan's first casino next to Rumbao Hotel announced

The Rumbao Tribute Portfolio Hotel in Viejo San Juan will add a casino to its entertainment offer.

Lodging MagazineApr 24, 2024

Driftwood Capital Secures Refinancing for Sheraton Park City Hotel

PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel situated near ski trails, training facilities, and year-round outdoor amenities.

Utah BusinessApr 22, 2024

Driftwood Capital secures $33 million in refinancing for 200-room Sheraton Park City hotel

Park City, UT — Driftwood Capital, a vertically integrated commercial real estate firm providing accredited investors opportunities to invest in hospitality assets

Hotel Investment TodayApr 19, 2024

Driftwood Capital’s approach to acquisitions (Pt.2)

The father-son team said the current environment is ripe for increased M&A, but they will be picky about dealmaking and even consider tertiary markets if there is strong growth potential.

Hotel Investment TodayApr 17, 2024

Driftwood Capital plays its best hands (Pt.1)

White knight investments and lending drive business, even as the Miami-based real estate firm has $800 million in new development in the works.

The Next MiamiApr 16, 2024

Developer Announces Timeframe For ‘Transformative’ Riverside Wharf

An expected groundbreaking timeframe has been announced for downtown Miami’s Riverside Wharf project.

Hospitality NetApr 10, 2024

Driftwood Capital's Hotel Development Pipeline Exceeds $1 Billion, with $800 Million Worth of Planned Projects Underway In 2024

Following its annual investor conference, Driftwood Capital, a leading vertically integrated commercial real estate firm, is proud to announce its hotel development pipeline has now exceeded $1 billion in projected value.

Hotels MagazineApr 10, 2024

Briefs: Driftwood Capital’s pipeline exceeds $1B; IHG, Google Cloud build travel planner

DRIFTWOOD CAPITAL PIPELINE EXCEEDS $1B: Driftwood Capital, the commercial real estate company, has announced that its hotel development pipeline has exceeded $1 billion in projected value.

Traded MediaApr 9, 2024

Driftwood Capital to Develop $400M Rocket Tourism Resort in Florida's Space Coast

Driftwood Capital's extensive experience in the Space Coast hotel market, along with insights into demand and supply dynamics, guides its investment decisions.

Commercial ObserverApr 8, 2024

Hotel Developers Launch Florida Projects Aimed at Rocket Tourists

The future Westin Resort & Spa Cocoa Beach a few miles from the Cape Canaveral Space Force Station could be just the start

Commercial ObserverApr 8, 2024

Hotel Developers Launch Florida Projects Aimed at Rocket Tourists

During the Cold War, the space race spurred economic development in Central Florida’s Brevard County, earning the region the nickname of Space Coast.

WESHMar 16, 2024

New Brightline station set to open in Central Florida

A new Brightline station has been confirmed to open up in the city of Cocoa

Hotel ManagementMar 13, 2024

Driftwood to manage Hilton Garden Inn's 1,000th property

Driftwood Hospitality Management has assumed management operations and responsibilities for the Hilton Garden Inn San José City Mall

Space Coast DailyMar 12, 2024

ALL ABOARD! High-Speed Rail Brightline Officials Announce Plans for Train Station in Cocoa

Will be located at the 'Cocoa Curve' near the State Road 528 and U.S. Hwy. 1 intersection

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