Driftwood Archives - VRJ Properties

Driftwood Secures Financing for Atlanta Hotel

Driftwood Capital (“Driftwood”) secured $28.5 million in refinancing for the Wylie Hotel Atlanta. Fortress Investment Group provided a 36-month loan at a competitive interest rate to refinance the Wylie. Driftwood Acquisition Partners (“DAP”) acquired the independent Wylie Hotel in 2021 and…

Hospitality

Driftwood Adds Research Triangle Marriott to Portfolio

Driftwood Capital acquired the Marriott Raleigh Durham Research Triangle Park, a 225-key full-service, hotel located in North Carolina’s Research Triangle area. Driftwood will carry out an extensive renovation project to enhance numerous features throughout the Hotel. They’ve committed $9 million…

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