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  • Hotel Management (13)
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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.

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.

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.

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. 

Haute ResidenceDec 22, 2021

$185M “Riverside Wharf” Project Announced In Downtown Miami

New developments are hitting downtown Miami including the newly announced "Riverside Wharf" project which will also involve a 165-key Dream Miami luxury hotel by Dream Hotel Group.

RLIDec 22, 2021

Dream Hotel Group Unveils Downtown Miami Flagship

New 165-key Dream Hotel is to be centerpiece to world-class Riverside Wharf hospitality and entertainment development in the heart of Downtown Miami.

GlobeStDec 22, 2021

The Hotel Market Will See a Full Recovery in 12 to 18 Months

“We are finally seeing tailwinds in the hotel industry,” Driftwood Capital’s CEO Carlos Rodriguez Sr. tells GlobeSt.com about the market recovery.

Miami TodayDec 21, 2021

Riverside Wharf plans entertainment complex with hotel

Slated to break ground in 2022, the Riverside Wharf will soon be the newest entertainment attraction along the Miami River.

The Next MiamiDec 21, 2021

Revealed: Downtown Miami’s The Wharf To Be Rebuilt & Expanded In $185M Plan

Developers MV Real Estate Holdings and Driftwood Capital have announced plans for a $185M entertainment district called Riverside Wharf in Downtown Miami.

Ocean DriveDec 21, 2021

The Riverside Wharf Set To Become An Entertainment Hub In Miami

The team behind the hot-spot destination has just announced their plans to bring a new entertainment-driven venue to the Miami River, called Riverside Wharf.

Building Design + ConstructionDec 21, 2021

Riverside Wharf will be Miami’s newest entertainment complex

Riverside Wharf, a $185 million, 200,000-sf entertainment complex, has been announced by MV Real Estate Holdings and Driftwood Capital. The two-tower development will offer a fully immersive Miami experience anchored by the 165-key Dream Miami luxury hotel.

Profile MiamiDec 21, 2021

MV Real Estate holdings and Driftwood Capital announce JV on $185 million Riverside Wharf featuring Dream Hotel on Miami River

Miami Developer Alex Mantecon of MV Real Estate Holdings (MVREH), in conjunction with Driftwood Capital, one of the country’s leading hospitality sponsors, has revealed plans for a hospitality-driven entertainment complex situated along the historic Miami River.

Miami HeraldDec 20, 2021

Developers reveal grand plans for $185 million Riverside Wharf, including first hotel along Miami River

Developers of the Wharf Miami complex along the Miami River on Monday revealed plans for an ambitious $185 million expansion into what will become Riverside Wharf.

Luxurius MagazineDec 20, 2021

Dream Hotel Group Unveils Plans for Downtown Miami Flagship in 2025

Dream Hotel Group has announced plans to open a 165-key, 10-story hotel as part of a hospitality-driven entertainment complex.

Travel + LeisureDec 20, 2021

Miami's River District Is Expanding With a New Complex — Restaurants, Rooftop Day Club, and Luxury Hotel Included

Between the trendy restaurants, new hotels, and perfectly Instagrammable attractions, Miami's tourism and hospitality industry is constantly evolving.

The Real DealDec 20, 2021

Dream Hotel to anchor $185M riverfront project on site of the Wharf Miami

A Miami developer is partnering with Driftwood Capital to develop a Dream Hotel-anchored hotel and entertainment complex on the site of the popular Wharf bar and event venue along the Miami River.

South Florida Business JournalDec 20, 2021

$185M luxury hotel project could rise at The Wharf

The developers hope to break ground on the 10-story project in 2022 and complete it in 2025.

Hospitality NetOct 7, 2021

Driftwood Capital Acquires The Wylie Hotel in Atlanta’s Old Fourth Ward

Driftwood has acquired The Wylie Hotel, a brand new, 111-key boutique hotel in Atlanta’s historic Old Fourth Ward neighborhood. The property, which opened in May 2021, is the only independent boutique hotel in Midtown’s booming office and lodging market. 

RebusinessOct 7, 2021

Driftwood Capital Buys 111-Room Wylie Hotel in Atlanta’s Old Fourth Ward

Located at 551 Ponce De Leon Ave. NE, The Wylie Hotel is situated adjacent to Ponce City Market, a mixed-use destination along the Atlanta BeltLine.

ForbesOct 5, 2021

As Opportunity Zone Window Closes, The Case For Investment Is Stronger Than Ever

The opportunity clock is ticking. As a critical deadline in the qualified opportunity zone program approaches on December 31, 2021, investors are finding the potential tax benefits of the program increasingly attractive.

Hotel ManagementOct 1, 2021

Driftwood Capital acquires Sheraton Old San Juan Hotel

Driftwood Capital has announced that it acquired the Sheraton Old San Juan, a 240-room hotel and 27,500-square-foot retail complex in Old San Juan, Puerto Rico.