Driftwood Capital has raised $330 million of commitments for an investment fund that would target hotel properties within Florida’s so-called “Space Coast” area. The Coral Gables, Fla., investment manager, which previously had raised capital for a vehicle that funded mezzanine loans and made preferred-equity investments in hotels, is using capital from the latest fund, Driftwood Florida […]
The post Driftwood Capital Raises $330Mln of Commitments for Hotel Development Fund appeared first on Commercial Real Estate Direct.
Leave A Comment