MIAMI--(BUSINESS WIRE)--Driftwood Capital (formerly Driftwood Acquisitions & Development), 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. in Finance from Vanderbilt University, a hospitality certificate from Cornell University, and an MBA from Duke Universitys Fuqua School of Business. A vertically integrated commercial real estate firm with investment, development, lending and management platforms, Driftwoods unique business model provides accredited investors access to institutional-quality hotel assets or capital solutions on a direct deal basis following deal closing. This website (this Website) is owned and operated by Driftwood Capital LLC (Driftwood). He has successfully facilitated the financial turnaround and growth of several multi-dimensional hotel companies. Conservative position in the capital stack. Tru by Hilton/Home2 Suites by Hilton under. Driftwood Capital | LinkedIn As professionals well versed in acquisitions, development and lending, we source, underwrite, structure and close investments across diverse markets and asset types, from name brands to boutique properties. We are excited to welcome new accredited investors daily and to deliver compelling opportunities to join us in the investments you choose. In December 1998, Servico merged with another hotel company, bringing the organizations portfolio to 180 hotels and more than 30,000 rooms. Through its mezzanine lending division, the company is issuing loans in the $3 to $50 million range. We love our customers, so feel free to visit during normal business hours. All economic and performance data is historical and must be considered in conjunction with applicable disclosures. "It's during challenging times that you could unlock value, and it's about staying power in this industry.". Driftwood Capital | Coral Gables FL - Facebook Driftwood Capital is a boutique investment platform for accredited investors to access institutional quality, income producing, hotel assets in the United States. He said the lending platform gives Driftwood Capital the ability to fulfill a growing niche for small-to-midsize loans in the hotel space. Midwest Multifamily & Affordable Housing Business, Northeast Multifamily & Affordable Housing Business, Southeast Multifamily & Affordable Housing Business, Texas Multifamily & Affordable Housing Business, Western Multifamily & Affordable Housing Business. Its the new home of High Plains Bank in Wiggins. Avoid Fraud, Get The Facts, And Find The Best. DealDirect. Despite challenges from the pandemic, Driftwood Capital continues to add new hotels to its portfolio, such as with the Canopy by Hilton Tempe Downtown, Canopy by Hilton West Palm Beach Downtown and Home2 Suites by Hilton Ft. Lauderdale Downtown. Driftwood Capital Acquires Washington D.C. Metro Area Hotel Prior to joining Driftwood Capital, she worked in the same capacity at Kayne Anderson Real Estate in Boca Raton, FL. Driftwood Capital ("Driftwood"), a vertically integrated commercial real estate firm providing superior risk-adjusted returns in hospitality, has closed a $138.7 million financing package for. Wenn It is my contention that Driftwood wants the county to pay for the meeting space required by the Westin brand. to let us know you're having trouble. The information contained herein reflects the opinions and projections of Driftwood as of the date hereof, which are subject to change without notice at any time. Some of the companys hotel properties include the dual-branded Tru by Hilton/Home2 Suites by Hilton in Fort Lauderdale, the Marriott Mission Valley San Diego, the Sheraton Park City, and the Margaritaville Lake of the Ozarks. The number of clients served by it is unknown. Additionally, with this being a Marriott product, it fills a void in a Hilton-dominated market, he said. He previously served as Vice President of Development for Driftwood Hospitality Management, where he oversaw ground-up construction for the company, while implementing a successful EB-5 financing program.
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