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.
Driftwood Capital has arranged a $138.7 million financing package for two resort hotels in Estes Park on behalf of Grand Heritage Hotel Group.
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.
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.
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.
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.
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.
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.
New 165-key Dream Hotel is to be centerpiece to world-class Riverside Wharf hospitality and entertainment development in the heart of Downtown Miami.
“We are finally seeing tailwinds in the hotel industry,” Driftwood Capital’s CEO Carlos Rodriguez Sr. tells GlobeSt.com about the market recovery.
Slated to break ground in 2022, the Riverside Wharf will soon be the newest entertainment attraction along the Miami River.
Developers MV Real Estate Holdings and Driftwood Capital have announced plans for a $185M entertainment district called Riverside Wharf in Downtown 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.
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.
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.
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.
Dream Hotel Group has announced plans to open a 165-key, 10-story hotel as part of a hospitality-driven entertainment complex.
Between the trendy restaurants, new hotels, and perfectly Instagrammable attractions, Miami's tourism and hospitality industry is constantly evolving.
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.
The developers hope to break ground on the 10-story project in 2022 and complete it in 2025.
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.
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.
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.
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.
