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.
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.
It will be the biggest construction project for the seaside community on the Space Coast.
BizNow reports that Driftwood Capital purchased the Hotel Indigo Houston at the Galleria, a 131-key hotel in Houston’s Uptown submarket.
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.
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.
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.
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.
Driftwood announces it has acquired the Hotel Indigo® Houston at the Galleria, a 131-key hotel located in Houston’s Uptown submarket.
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.
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.
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.
Scott Melby, an associate at Driftwood Capital, estimated the market currently has 125 players looking to invest in hospitality.
A Florida-based developer has started converting a downtown Wilmington office building into a Staybridge Suites hotel, the developer announced last week.
WILMINGTON – A Miami-area developer aims to convert an 11-story downtown Wilmington office building into a new Staybridge Suites hotel in a $31 million project.
In the early days of the Covid-19 pandemic, experts predicted a tsunami of hotel property sales at steep discounts across the country, South Florida included.
The project team includes Whiting-Turner Contractor Co. and Dever Architects. Driftwood Hospitality Management (DHM), a national hotel operator with over 20 years of expertise, will manage the property.
Commercial real estate investment, development and lending platform Driftwood Capital has kicked off the $31 million conversion of an 11-story office building into a new Staybridge Suites hotel in downtown Wilmington, Del.
Driftwood announces that it has provided $12.79 million in preferred equity for a two-hotel portfolio located in the Napa Valley region of Northern California.
The EB-5 visa program that has provided billions of dollars of foreign investment to U.S. hotel developers is set to expire June 30.
Driftwood Capital, a vertically integrated commercial real estate investment, development and lending platform specializing in hospitality, has acquired the Hyatt Regency Fairfax, a 316-key hotel located in the Washington, DC submarket of Fairfax, VA.
Driftwood Capital has acquired the Hyatt Regency Fairfax, a 316-key hotel located in the Washington D.C. submarket of Fairfax, Virginia.
This is a well-located asset that we were able to acquire at a great basis below its replacement cost, in one of the largest commercial office markets in the country, home to over 26 million square feet of office space dominated by government agencies, defense contractors, and technology companies.
As travel resumes and occupancy improves, companies are buying and selling hotels across the country. Here are three recent transactions.
