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Home›Real Estate›Residential›Driftwood Capital, Merrimac Ventures Land $145M for Wa…

Driftwood Capital, Merrimac Ventures Land $145M for Waterfront Hotel in Miami

Reported · Written up by our desk · Residential

A venture led by Driftwood Capital and Merrimac Ventures has secured a $145 million loan to build a hospitality and retail-focused development along the Miami River. The construction financing from Centennial Bank covers the $350 million Riverside Wharf development, which will feature a 167-room hotel across two nine-story towers at 114 Southwest North River Drive, […]

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Sources

Commercial ObserverDriftwood Capital, Merrimac Ventures Land $145M for Waterfront Hotel in Miami

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