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Driftwood Puts Sheraton Dallas Hotel Deal to Bed

Florida Firm Acquires 309-Room Hotel Across From Galleria Dallas
By Bryce Meyers
CoStar News
December 7, 2016 | 7:54 P.M.

Driftwood Hospitality Management expanded its holdings in Texas after the Palm Beach Gardens, FL-based hotel owner, operator and developer partnered with an institutional real estate investor to acquire the Sheraton Dallas by the Galleria hotel in Dallas from Norwalk, CT-based HEI Hotels & Resorts. Terms of the deal were not disclosed.

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