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Hotel News NowMar 24, 2020

FF&E deliveries delayed; developers hit pause

Hotel News Now reached out to FF&E experts and hotel owners for updates on how COVID-19 is affecting material deliveries and development projects in the U.S.

ForbesMar 17, 2020

Slowdown In Foreign Investment In U.S. Real Estate Is Cause For Concern

CEO of Driftwood Acquisitions and Development, focused on the investment, development and syndication of institutional-quality hotel assets.

The Business JournalFeb 24, 2020

Construction projects in the greater Cocoa area

Driftwood Acquisitions & Development LP plans to redevelop the existing 502-room International Palms Resort & Conference Center in a $250 million project in the nearby city of Cocoa Beach.

Hospitality NetFeb 7, 2020

Driftwood Capital Taps Global Architecture Firm Gensler for $250 Million Westin Cocoa Beach Development

Driftwood Capital has selected Gensler as the architect for the Westin Cocoa Beach, a new $250 million oceanfront hotel development on Florida's Space Coast.

America EconomiaFeb 6, 2020

Driftwood obtiene nuevo capital que le permitirá invertir US$3.000M en próximos cinco años

Driftwood Capital está reestructurando e incrementando su actividad en 2020 a través de sus nuevos Fondos de Socio General de Desarrollo, Adquisiciones y Préstamos Mezzanine. 

CoStarFeb 6, 2020

Driftwood to Chase Hospitality Deals, and More, Through New Platform

Driftwood Acquisitions and Development, now known as Driftwood Capital, has turned over a new leaf by rebranding, restructuring and scaling up to grow its network of investors and allow flexibility to add new platforms in the future.

Hotel ManagementFeb 6, 2020

Driftwood taps Gensler for Westin Cocoa Beach design

Driftwood Capital has selected Gensler as the architect for the Westin Cocoa Beach, a new $250 million oceanfront hotel development on Florida’s Space Coast. 

ForbesJan 30, 2020

Driftwood Capital Is Ramping Up Acquisitions And Lending In 2020

A Coral Gables hotel development and financing company is aggressively scaling up its acquisitions and construction strategy.

South Florida Business JournalJan 29, 2020

South Florida investment firm aims to deploy $3B in new investments

The firm made three executive level hires to coincide with the rebrand.

Hotel BusinessJan 27, 2020

Driftwood Rebrands, Restructures, Adds New Execs

Driftwood Capital, a privately held real estate firm specializing in hospitality investments, is restructuring and scaling up its activity in 2020 via its new Development, Acquisitions and Mezzanine Lending GP Funds.

Hotel ManagementJan 24, 2020

Driftwood secures capital, adds lending division

Driftwood Capital is invested in hotels across the country, including the San Diego Marriott Mission Valley.

Hotel News NowJan 24, 2020

Driftwood announces $3 billion investment plan

Executives with Driftwood Capital have announced a five-year restructuring and investment plan that includes spending $3 billion through development, acquisitions and mezzanine lending funds, according to a news release.

Morning StarJan 23, 2020

Driftwood Secures New GP Capital Allowing $3 Billion in Deployments Over Next Five Years

Driftwood secures new GP capital allowing up to $3 billion in deployments in development, acquisitions and mezz lending and is expanding partnerships & JVs across the country.

ForbesJan 7, 2020

How Crowdfunding Opens Doors for Real Estate Investors

Real estate crowdfunding has grown into a multibillion-dollar industry, with platforms reporting annual volume doubling and tripling each year.

The Real DealJan 1, 2020

Driftwood closes first Opportunity Zone deal in Flagler Village

As investors rushed to invest in Opportunity Zones before the end of the year, Driftwood Acquisitions & Development and Merrimac Ventures locked in their first deal in the federal tax program.

Miami HeraldDec 9, 2019

The Marriotts of the world aren’t calling emerging hotels competition just yet

Hotel industry leaders and lenders aren't calling emerging hospitality brands competition just yet.

Florida TodayDec 6, 2019

Cocoa Beach will allow planned luxury resort to exceed current height restrictions

Cocoa Beach gave the OK Thursday for a developer to move ahead with plans for a luxury resort at the site of the International Palms Hotel.

The Real DealDec 6, 2019

Hilton CEO warns against ignoring global warming threat

A lodging industry honcho said hotel companies need to do more to reduce the effects of global warming — before environmental regulators across the globe do it for them.

Globest.comNov 19, 2019

New Rules Coming for EB-5 Program This Week

Created in 1990, the EB-5 program allows international investors to fund job-creating projects in exchange for green cards and subsequently, citizenship for themselves and their family members.

Florida TodayNov 12, 2019

High-end Cocoa Beach resort could be 'game changer' for county, bring big business

High-end Cocoa Beach resort could be 'game changer' for county, bring big business.

Orlando Business JournalOct 17, 2019

Developer: Why this $250M Cocoa Beach resort project is 'my baby'

Here's why this developer was drawn to the seaside community in Brevard County.

The Palm Beach PostSep 26, 2019

What a view: Take a peek at this rooftop bar at one of West Palm’s newest hotels

The Canopy Hotel by Hilton is set to open in January with a rooftop bar called BanterUp. It’s the third new hotel for downtown West Palm Beach that will feature rooftop bars.

Hotel OnlineSep 24, 2019

Driftwood Hospitality Management Appoints Executive Team to Launch Canopy West Palm Beach Downtown

Driftwood Hospitality Management has appointed three industry-leading executives to launch Canopy by Hilton West Palm Beach Downtown, the brands’ first Canopy in Florida.

Globest.comMay 8, 2019

New OZ Fund Secures Two Initial Hotel Investments in Fort Lauderdale, Wilmington, DE

Locally-based Driftwood Acquisitions and Development reports it has launched its initial opportunity zone fund with a target raise of $50 million.