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Driftwood Capital Provides $35M in Mezzanine Financing for Sheraton Dallas
DALLAS, Texas—Driftwood Capital announced that, through its lending fund Driftwood Lending Partners, LP, it has provided $35 million in mezzanine financing for the refinancing of the Sheraton Dallas hotel, Texas’s largest hotel with 1,841 keys and more than 230,000 square feet of meeting space. The mezzanine loan is part of a broader refinancing by the borrower, a joint venture sponsored by Chartres Lodging Group. The transaction includes the full replacement of a 2024 $270 million […] The post Driftwood Capital Provides $35M in Mezzanine Financing for Sheraton Dallas appeared first on LODGING Magazine.
DALLAS, Texas—Driftwood Capital announced that, through its lending fund Driftwood Lending Partners, LP, it has provided $35 million in mezzanine financing for the refinancing of the Sheraton Dallas hotel, Texas’s largest hotel with 1,841 keys and more than 230,000 square feet of meeting space. The mezzanine loan is part of a broader refinancing by the borrower, a joint venture sponsored by Chartres Lodging Group. The transaction includes the full replacement of a 2024 $270 million […]
The post Driftwood Capital Provides $35M in Mezzanine Financing for Sheraton Dallas appeared first on LODGING Magazine.
