Carlos Rodriguez Jr. Of Driftwood Capital Acquires Courtyard By Marriott In Weston For $22.75M

The transaction involves the Courtyard by Marriott, a hotel asset with 174 keys located at 2000 North Commerce Parkway in Weston. The property was sold for $22,750,000, equating to $130,747 per key. Driftwood Capital financed the purchase with a loan from Fifth Third Bank.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $22,750,000
• Buyer: Carlos Rodriguez Jr. - Driftwood Capital
• Seller: Stephen Zsigray - Ashford Hospitality Trust
• Lender: Fifth Third Bank
• Keys: 174
• Price Per Key: $130,747

Carlos Rodriguez Jr. represented Driftwood Capital in this acquisition, while Stephen Zsigray represented Ashford Hospitality Trust in the sale of the property. The transaction highlights the collaboration between the buyer and seller in the competitive hotel market.