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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.

NimBOct 1, 2021

Driftwood Capital buys Sheraton Old San Juan hotel, rebranding it to Marriott

Driftwood Capital, a commercial real estate investment, development and lending platform specializing in hospitality, has acquired the Sheraton Old San Juan, a 240-room hotel and 27,500-square-foot retail complex in Old San Juan, it announced.

The Weekly JournalOct 1, 2021

Driftwood Capital Acquires Sheraton Old San Juan Hotel in Puerto Rico

Driftwood intends to undertake a full-scale renovation of the property and convert it to a Tribute By Marriott – making it the only branded hotel in the historic district.

El Nuevo DiaOct 1, 2021

Venden el hotel Sheraton del Viejo San Juan y ahora será un Tribute by Marriott

Tishman Realty vendió el icónico hotel Sheraton del Viejo San Juan a Driftwood Capital, una firma de inversión, desarrollo y préstamos de bienes raíces comerciales, que se especializa en el mercado hotelero.

Hotel OnlineSep 30, 2021

Driftwood Capital Acquires Sheraton Old San Juan Hotel in Puerto Rico

Driftwood acquires the Sheraton Old San Juan, a 240-room hotel and 27,500-square-foot retail complex in the heart of Old San Juan, Puerto Rico and intends to undertake a full-scale renovation of the property and convert it to a Tribute By Marriott – making it the only branded hotel in the historic district.

HospitalityNetSep 30, 2021

Driftwood Capital Acquires Sheraton Old San Juan Hotel in Puerto Rico

As part of the renovation, Driftwood will also unveil a new concept for the hotel's second-floor restaurant, which overlooks Old San Juan Harbor, with the goal of creating a vibrant social scene that will draw in both hotel guests and cruise ship visitors.

CoStarAug 31, 2021

Hotel Buyers Get Aggressive Amid 'Divergent, Disparate' Deals Market

The COVID-19 pandemic has created an uneven hotel deals market in the U.S., one in which buyers are paying above asking price for certain properties while other hotels go up on the auction block.

Hotel ManagementAug 30, 2021

Driftwood Capital names new managing directors

Driftwood has expanded its executive team with the appointment of two new managing directors. Caroline Gould Lewittes as managing director, investor & public relations, and George Rupp as managing director, business development & consultant relations.

Hotel InteractiveAug 26, 2021

Driftwood Capital Adds Managing Directors To Executive Team

Driftwood Capital has expanded its executive team with the appointment of two new managing directors. Caroline Gould Lewittes as Managing Director, Investor & Public Relations and George Rupp as Managing Director, Business Development & Consultant Relations.

Hotel BusinessAug 26, 2021

People on the move at Driftwood Capital, Flynn Properties and more

Driftwood Capital has expanded its executive team with the appointment of two new managing directors. Caroline Gould Lewittes as managing director, investor & public relations, and George Rupp as managing director, business development & consultant relations.

Orlando Business JournalJul 27, 2021

Here's the latest Driftwood Hospitality's Westin Hotel & Resort Cocoa Beach redevelopment project

It will be the biggest construction project for the seaside community on the Space Coast.

The LeaderJul 21, 2021

Real Estate Roundup: Houston sinks in rankings of 'Best Place to Live'

BizNow reports that Driftwood Capital purchased the Hotel Indigo Houston at the Galleria, a 131-key hotel in Houston’s Uptown submarket.

BizNowJul 20, 2021

Miami Hotel Rebound: 'We're Blowing 2019 Out Of The Water'

The recovery of South Florida's hotel industry is stronger than anyone could have imagined in March 2020 when the coronavirus pandemic was bearing down on the world.

HospitalityNetJul 16, 2021

Carlos J. Rodriguez Sr. named recipient of Hilton’s Lifetime Achievement Award

Driftwood's founder & CEO Carlos J. Rodriguez has received the 2020 Hilton Lifetime Achievement Award, recognizing his contributions and lasting achievements with Hilton and the hospitality industry as a whole.

Hotel BusinessJul 16, 2021

Driftwood Capital CEO receives Hilton Lifetime Achievement Award

Driftwood Capital’s Carlos J. Rodriguez receiving the 2020 Hilton Lifetime Achievement Award, as well as Drury and SureStay Hotel Group earning top honors for their respective chain scales from J.D. Power. Read about all that and more below.

HospitalityNetJul 9, 2021

Driftwood Capital Acquires Hotel Indigo® Houston At The Galleria

Driftwood announces it has acquired the Hotel Indigo® Houston at the Galleria, a 131-key hotel located in Houston’s Uptown submarket.

Houston Business JournalJul 9, 2021

Galleria-area hotel acquired by Florida investment firm

Driftwood Capital paid an undisclosed amount to acquire the 131-key Hotel Indigo Houston at the Galleria, which is located at 5160 Hidalgo Street, near the intersection of Sage Street and Hidalgo Street.

Hotel BusinessJul 9, 2021

Hotel Indigo Houston at The Galleria acquired by Driftwood Capital

Recent hotel transactions include Rockbridge adding a resort in the Florida Panhandle to its portfolio and Driftwood Capital taking ownership of a Hotel Indigo in Houston.

Connect TexasJul 9, 2021

Driftwood Capital Adds Hotel Indigo at Galleria to Portfolio

Hospitality firm Driftwood Capital recently acquired the Hotel Indigo Houston at the Galleria, a 131-key hotel located in the Uptown submarket. Driftwood acquired the property through its acquisition GP fund, which targets hotel acquisition opportunities in the $30 million to $150 million range.

Realty News ReportJul 7, 2021

SOLD: Hotel Indigo Near Galleria

Driftwood Capital, commercial real estate firm specializing in hospitality, has acquired the Hotel Indigo Houston at the Galleria, a 131-room hotel located in the Uptown submarket.

Hotel ManagementJun 11, 2021

Hotel Optimization Day 2 tackles financing, operations

Scott Melby, an associate at Driftwood Capital, estimated the market currently has 125 players looking to invest in hospitality.