Coral Gables Hotelier Bets Big on Opportunity Zones With Projects and

Rendering of Hilton hotel under construction at 315 NW First Ave. in downtown Fort Lauderdale.

Driftwood Acquisitions & Development has opened qualified opportunity zone funds with the goal of raising $50 million to finance five hotels.

A Coral Gables-based hotelier is going all in on opportunity zones by planning five projects and launching an opportunity zone fund for project financing.

Source: https://www.law.com/dailybusinessreview/2019/05/08/coral-gables-hotelier-bets-big-on-opportunity-zones-with-projects-and-funds/