Driftwood Secures Financing for Westin Cocoa Beach Resort & Spa
MIAMI, Florida—Driftwood Capital has secured a total of $207 million in senior construction financing and Commercial Property Assessed Clean Energy (C-PACE) financing for its Westin Cocoa Beach Resort & Spa on Florida’s Space Coast. After breaking ground in September 2024, the $420 million, 502-key resort is part of Driftwood’s decade-long investment to grow the region’s hospitality profile and meet demand. The Westin Cocoa Beach Resort & Spa is scheduled to open in 2027. City National […] The post Driftwood Secures Financing for Westin Cocoa Beach Resort & Spa appeared first on LODGING Magazine.
MIAMI, Florida—Driftwood Capital has secured a total of $207 million in senior construction financing and Commercial Property Assessed Clean Energy (C-PACE) financing for its Westin Cocoa Beach Resort & Spa on Florida’s Space Coast. After breaking ground in September 2024, the $420 million, 502-key resort is part of Driftwood’s decade-long investment to grow the region’s hospitality profile and meet demand. The Westin Cocoa Beach Resort & Spa is scheduled to open in 2027. City National […]
The post Driftwood Secures Financing for Westin Cocoa Beach Resort & Spa appeared first on LODGING Magazine.
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