Driftwood Capital Acquires Hilton Dallas/Plano Granite Park Hotel In Plano

The Hilton Dallas/Plano Granite Park hotel, located at 5805 Granite Parkway in Plano, has been acquired by Driftwood Capital. This purchase allows Driftwood Capital to expand its presence in the Dallas-Fort Worth hotel market. The hotel consists of 299 keys and is set to undergo renovations under the management of Driftwood Hospitality Management.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: Not specified
• Date: 06/22/2023
• Market: Plano
• Address: 5805 Granite Parkway - Hilton Dallas/Plano Granite Park
• Buyer: Driftwood Capital - Carlos Rodriguez Sr.

Driftwood Capital, led by Carlos Rodriguez Sr., is responsible for the acquisition of the Hilton Dallas/Plano Granite Park hotel. With this purchase, Driftwood Capital aims to renovate the property and assume management responsibilities in order to enhance its presence in the Dallas-Fort Worth hotel market.