Driftwood Capital Acquires The Wylie Hotel in Atlanta’s Old Fourth Ward

Driftwood Capital | October 6, 2021

ATLANTA, GA – October 6, 2021 – Driftwood Capital, a vertically integrated commercial real estate investment, development and lending platform specializing in hospitality, announces that it has acquired The Wylie Hotel, a brand new, 111-key boutique hotel in Atlanta’s historic Old Fourth Ward neighborhood. The property, which opened in May 2021, is the only independent boutique hotel in Midtown’s booming office and lodging market. Driftwood will maintain the current operator following acquisition.   “This was an exceptionally rare opportunity to purchase an institutional-quality, unencumbered independent hotel asset, in a...