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Boutique HotelierJun 17, 2024

First ever beachfront Element by Westin hotel opens in Florida

Launch of the hotel marks the fourth investment in Florida's Space Coast for owners Driftwood Capital

Hospitality NetJun 17, 2024

Element Melbourne Oceanfront

Driftwood Capital Celebrates Grand Opening Of Element Melbourne Oceanfront Hotel

Teague Talks PodcastJun 14, 2024

Teague Talks with Carlos Rodriguez, Sr., Chairman & CEO of Driftwood Capital

Teague welcomes Carlos Rodriguez, Sr., Chairman & CEO of Driftwood Capital, for an insightful discussion on how capital is shaping the transactional market.

Hotel OnlineJun 14, 2024

Driftwood Capital Celebrates Grand Opening of Element Melbourne Oceanfront Hotel on Florida’s Space Coast

The Miami-based company is capitalizing on one of the fastest-growing areas in Florida, opening the first waterfront hotel in Brevard County since 2020

Hotel Investment TodayJun 14, 2024

How preferred equity, mezz financing have changed in the capital stack

Driftwood Capital’s Carlos Rodriguez talks about the new realities of loan-to-value and why a slowdown in construction likely isn’t changing any time soon.

RE Business OnlineJun 14, 2024

Driftwood Capital Breaks Ground on 150-Room Element Hotel by Marriott in San Diego

SAN DIEGO — Driftwood Capital, along with architect AO and general contractor R.D. Olson Construction, has broken ground on Element Hotel by Marriott in the Mission Valley submarket of San Diego.

Hotel ManagementJun 1, 2024

Phoenix: Bleisure drives hotel development

The Phoenix hotel market is booming. Among the top 25 markets, Phoenix has the second highest hotel inventory increase or under construction rooms compared to existing inventory.

Hotel BusinessMay 30, 2024

Driftwood provides $34.8M for Miami hotel complex refi

Driftwood Capital has provided $34.8 million in mezzanine financing for the refinancing of Miami Airport Marriott Connection, a Marriott-branded complex with three hotels near Miami International Airport.

Hotel ManagementMay 30, 2024

Driftwood Capital refinances Miami Marriott complex

Driftwood Capital has provided $34.8 million in mezzanine financing for the refinancing of the Miami Airport Marriott Connection, a Marriott-branded complex with three hotels near Miami International Airport.

Spotify: The Built WorldMay 27, 2024

Carlos Rodriguez, Sr. - Founder, Chairman & CEO, Driftwood Capital

In this episode, we sit down with Carlos to discuss his inspiring journey from managing his family’s first hotel in Costa Rica to taking a bold leap and establishing his first Holiday Inn near Miami International Airport in the late 1990s.

Hotel OnlineMay 20, 2024

Driftwood Capital Celebrates $40 Million Renovation of The Scottsdale Resort & Spa

“The Scottsdale Resort at McCormick Ranch is a legacy property that will elevate the Scottsdale market with its new upscale amenities and conveniences, bringing the resort into a new era of hospitality,” said Carlos Rodriguez

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

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