CING
THIS PLATFORM AIMS TO CONNECT THOSE GREAT GROUPS WITH DEEP EXPERTISE IN HOSPITALITY WITH INVESTORS THAT ARE LOOKING FOR MORE THAN JUST A TRANSACTION BUT A PLATFORM THAT WILL HELP THEM BUILD THEIR REAL ESTATE PORTFOLIO AND EDUCATE THEM ON THE DETAILS OF HOSPITALITY INVESTING .
– SAGAR PATEL
Driftwood contributed a US $ 24.3 million mezzanine loan through its lending fund behind a US $ 114.4 million senior financing package originated by a major life insurance company . The sponsor is using a portion of the proceeds , US $ 6.9 million , toward renovations of the Stanley Hotel in Estes Park , Colorado .
Jan / Feb 2023 hotelsmag . com 49