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Driftwood Capital Recaps $1.2B Hotel Portfolio

Summary by Commercial Observer
Driftwood Capital has bought out its minority partners in 18 hotels across several states, and merged those properties into one portfolio valued at $1.2 billion, the Coral Gables, Fla.-based firm announced.  The recapitalization makes Driftwood the sole owner of the 4,203-key portfolio, which features properties in 10 states, including Florida, Texas and California. Previously, the hospitality investor owned the resorts alongside asset-level, no…
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Commercial ObserverCommercial Observer

Driftwood Capital Recaps $1.2B Hotel Portfolio

Driftwood Capital has bought out its minority partners in 18 hotels across several states, and merged those properties into one portfolio valued at $1.2 billion, the Coral Gables, Fla.-based firm announced.  The recapitalization makes Driftwood the sole owner of the 4,203-key portfolio, which features properties in 10 states, including Florida, Texas and California. Previously, the hospitality investor owned the resorts alongside asset-level, no…

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Commercial Observer broke the news in on Friday, April 25, 2025.
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