Courtyard by Marriott Fort Lauderdale Weston
Hotel (select-service, Courtyard by Marriott) property in Weston, FL — sponsored by Driftwood Capital
~43% LTV; $23.9M equity + $17.75M debt; purchased $35.5M from Ashford Hospitality Apr 2026; launched Jun 2026
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These links support the public record as a whole; individual details may come from different sources.
What is this, in one paragraph?
Driftwood Hotel Income I, DST is a Delaware statutory trust — the structure that lets 1031 exchangers hold fractional interests in real property without taking title themselves — sponsored by Driftwood Capital. It owns a select-service Courtyard by Marriott hotel in Weston, in western Broward County, Florida. Trade coverage dated June 25, 2026 called it the sponsor's first DST platform.1 The Offering is raising now from accredited investors.
Minimum investment
$25k
Offering size
$24.0M
How much has sold
20.0%
Financing
Leveraged. This offering reports mortgage debt on the property.
Sponsor-reported, from SEC filings and cited sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
The asset is a select-service hotel flying Marriott's Courtyard flag in Weston, west of Fort Lauderdale. Marriott International announced completion of a full redesign on May 8, 2024, covering guest rooms, the exterior, lobby, meeting rooms and the Bistro.3 Driftwood Capital bought it from Ashford Hospitality Trust in April 2026; launch coverage stated a price of $35.5 million including the bill of sale, the document conveying personal property alongside the real estate.1
- Property address
- 2000 N Commerce Pkwy, Weston, FL
- Property size
- 176 keys
Who is the tenant, and what's the lease?
There is no tenant and no lease: a hotel earns nightly room revenue, so income tracks occupancy and room rates rather than contractual rent. Driftwood Hospitality Management, the sponsor's affiliated operator, lists this hotel in its portfolio.5 Franchise and management terms sit in the PPM, the offering's governing disclosure document.
How are sales going?
These are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available.
20.0% reported sold
- Amount sold
- $4,862,787
- Reported unsold
- $19,112,756
- Investors reported
- 1
- Total offering
- $23,975,543
Not enough filings yet to show a trend.
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How is it financed, and what does it pay?
The Trust holds the hotel subject to mortgage debt, so investor equity sits behind a lender's claim and the loan's maturity becomes a date that matters. Neither the Form D nor the launch coverage reviewed names the lender or states the loan terms.
- Financing
- Leveraged. This offering reports mortgage debt on the property.
Who's behind it?
Driftwood Capital is a South Florida hotel investor, developer and operator; the Form D names Driftwood Capital LLC as sponsor and Driftwood HI Signatory I, LLC as signatory trustee.2 Florida's registry records the Trust's Declaration of Trust on March 6, 2026, organized in Delaware and active.4 The firm announced this platform on June 25, 2026 as its entry into the 1031 exchange channel.1 On September 9, 2026 it named David Resnick and David Steiner co-chief investment officers and added Andrew Dykeman as senior vice president of equity investments.
- Sponsor
- Driftwood Capital
- May convert to a REIT
- No
- Offerings from this sponsor
- 1 active / 1 total offerings from Driftwood Capital
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
A Form D is the notice an issuer files when a private placement begins, not something the SEC approves; this one reports a first sale on April 15, 2026 and a $25,000 minimum investment.2 No amendment appears on EDGAR as of September 15, 2026. The exemption claimed allows public advertising if each buyer's accredited status is verified rather than self-certified.2
- Form D filedFirst and latest filing on record.
- Legal Trust name
- Driftwood Hotel Income I, DST
- Filings on record
- 1
- How it may be offered
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
- Read the filings on SEC EDGAR
A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.
Common questions
Is Courtyard by Marriott Fort Lauderdale Weston still raising money?
The sponsor’s SEC filings show the offering raising money within the past 15 months. A filing does not by itself confirm you can still buy in.
Where does Top1031 get the data for Courtyard by Marriott Fort Lauderdale Weston?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
What does this Trust actually own?
A beneficial interest in the Courtyard by Marriott Fort Lauderdale Weston, a select-service hotel at 2000 N Commerce Parkway in Weston, Florida, west of Fort Lauderdale. Driftwood Capital acquired the hotel from Ashford Hospitality Trust in April 2026, and its June 25, 2026 launch coverage in LODGING Magazine stated a price of $35.5 million inclusive of the bill of sale, which conveys personal property alongside the real estate.
Why is a hotel DST different from a net-lease DST?
A net-leased building has one tenant paying contractual rent for a fixed term, so the analysis centers on tenant credit and remaining lease length. A hotel is an operating business: revenue comes from nightly bookings and moves with travel demand and seasonality, and it depends on the manager and the franchise brand. There is no lease term to underwrite and no tenant credit to review.
Why do published room counts and purchase prices differ?
The sponsor's June 25, 2026 launch coverage in LODGING Magazine describes a 176-room hotel, as did Marriott's May 8, 2024 renovation announcement. The South Florida Business Journal reported on April 21, 2026 that a Driftwood Capital affiliate bought a 174-room Courtyard by Marriott in Weston for $22.75 million; that report does not name Driftwood Hotel Income I, DST, so its relationship to this Trust is unresolved in the public record. The property description and acquisition terms in the private placement memorandum control.
Who runs the hotel day to day?
The Form D names no hotel manager. Driftwood Hospitality Management, an operating affiliate of the sponsor, lists the Courtyard by Marriott Fort Lauderdale Weston in its published portfolio, but the management agreement, its fee schedule and term, and the Marriott franchise licence terms are disclosure items for the private placement memorandum rather than the SEC filing.
Can this Trust roll into a REIT later?
The record shows no 721/UPREIT conversion feature — the exchange of DST interests for operating-partnership units in a REIT at a later date. Absent that feature, the exit provisions in the private placement memorandum govern how a sale of the hotel would be handled and how proceeds would reach investors.
How much filing history is there, and what is the stated minimum?
The SEC record for this Trust consists of a single Form D filed June 25, 2026, with no amendment located on EDGAR as of September 15, 2026. That filing reports a first sale on April 15, 2026, a $25,000 minimum investment, and the Rule 506(c) exemption, which allows public advertising of a private placement so long as each buyer's accredited status is verified rather than self-certified.
Chapter 9South Florida Hotelier Offering Broward Hotel As DSTThe Courtyard by Marriott Fort Lauderdale Weston will anchor a new DST from Driftwood Hospitality. Driftwood Capital launches Delaware Statutory Trust platform with acquisition of Courtyard by Marriott Fort Lauderdale WestonDriftwood Capital launches DST platform with acquisition of Courtyard by Marriott Fort Lauderdale Weston. Driftwood Capital Enters 1031 Exchange Channel With $23.9M Hotel DSTAnnounces Driftwood Capital's entry into the 1031 exchange market with its inaugural Driftwood Hotel Income I, DST anchored by the 174-room Courtyard by Marriott Fort Lauderdale Weston, targeting ~$23.9M in equity and ~$17.75M in debt; the property was acquired for $22.75M from Ashford Hospitality Trust in April 2026. The Plasencia Group Advises on the Sale of the Courtyard Fort Lauderdale WestonThe Plasencia Group facilitated the sale of the Courtyard Fort Lauderdale Weston to Driftwood Capital. Driftwood Capital buys Broward hotel for $23 millionDriftwood Capital buys Broward hotel for $23 million, the property that will anchor the DST platform.