MIAMI, Florida—Driftwood Capital announced the successful initial closing of its latest fund, Driftwood Florida Space Coast Portfolio, LP, focusing on the acquisition and development of existing and soon-to-break-ground hotel assets in Florida’s Space Coast. Consisting of four large-scale beachfront assets representing brands including Marriott, Hilton, and IHG, upon completion of the Westin Cocoa Beach Resort, Spa, and Conference Center, the fund’s portfolio is expected to represent approximately 11 percent of all the hotel rooms in […]

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