Courtyard by Marriott Fort Lauderdale Weston
Hotel in Weston, FL · sponsored by Driftwood Capital
Active offeringLatest Form D filed Jun 25, 2026 (opens in a new tab)
Courtyard by Marriott Fort Lauderdale Weston is a DST sponsored by Driftwood Capital that owns a hotel in Weston, FL (176 keys). Its latest Form D, filed Jun 25, 2026, lists a $23.9 million offering with a $25,000 minimum.
Key facts
- Minimum investment
- $25,000From the Form D
- Offering size
- $23,975,543Equity offered, per the Form D
- Sold so far
- Form D, Jun 25, 2026; the % is our arithmetic20.2%
- Investors reported
- Form D, Jun 25, 20261
- Selling commissions
- Form D Item 15; the % is our arithmetic$1,567,473 · 6.5% of offering
- Financing
- Leveraged. This offering reports mortgage debt on the property.How it is financed ↓
- Offered under
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
Figures come from SEC Form D filings unless a source is cited. Sponsor-stated figures are as reported by the sponsor; Top1031 does not independently audit them. On a 45-day clock? Find day 45 and day 180 →
Sales so far
- Latest Form D
- Jun 25, 2026 · 1 filing
- First sale
- Apr 15, 2026
These are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available.
- Amount sold
- $4,862,787
- Not yet sold
- $19,112,756
- Investors
- 1
Calculated by Top1031 from the Form D filings, not stated by the sponsor:
20.2% of $23,975,543 sold, calculated by Top1031 from the Form D
- Average since first sale
- about $2 million a month
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Ask a 1031 specialist about this recordFree. About: Courtyard by Marriott Fort Lauderdale Weston. Top1031 is not a broker-dealer.Courtyard by Marriott Fort Lauderdale Weston · Weston, FL · Photo: lodgingmagazine.com
What does the Trust own?
Driftwood Capital acquired the hotel from three Ashford Ft Lauderdale Weston entities in April 2026; a Broward County deed names Driftwood Hotel Income I DST as grantee and $22,750,000 as consideration. 3 Driftwood separately stated a $35.5 million total purchase price including the bill of sale, the personal property an operating hotel carries — a different measure. 4 Marriott announced by June 4, 2024 that a guest-room and public-area renovation was complete. 5
- Property address
- 2000 N Commerce Pkwy, Weston, FL
- Property size
- 176 keys
How have sales gone?
The Form D record has one sales figure so far, so there is no trend to chart. The figure is in Sales so far ↑.
How is it financed, and what did it cost to sell?
Leveraged means 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. Driftwood's May 21, 2026 presentation describes the senior mortgage as anticipated rather than closed, nonrecourse to the Trust, with a five-year term maturing April 15, 2031. 2
Debt
- Financing
- Leveraged. This offering reports mortgage debt on the property.
- May convert to a REIT (721)
- Loan interest rate
- SOFR + 2.25% (swapped to 3.66%) From Driftwood Capital’s offering documents (Apr 2026). As reported by the sponsor.
- Target hold
- 5–7 years From Driftwood Capital’s offering documents (Apr 2026). As reported by the sponsor.
Costs and terms from the Form D
- Selling commissions
- $1,567,473 · 6.5% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $2,116,712 · 8.8% of offeringForm D Item 16· The filing’s note: “Estimate of certain fees and expenses including O&O Expenses, Acquisition Fee and Contributor Bridge Capital Costs.”
- Broker-dealers named in the Form D
- 1 named in the Form D
Show the firms
- Metric Financial, LLC · CRD 33324
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Apr 15, 2026
- Minimum investment
- $25,000
Form D Item 15 and Item 16 amounts may be the issuer’s estimates; each percentage is Top1031’s arithmetic on two Form D figures. Item 16 can overlap Item 15, so Top1031 does not add them together. The issuer marked these amounts as an estimate.
What are the deal terms?
From Driftwood Capital’s offering documents (Apr 2026).
Your exit
- Can the sponsor's affiliate buy investors out?
- Yes
Rent and the bills
- Who pays rent to the trust?
- A master tenant affiliated with the sponsor
- Who pays for roof and structural repairs?
- The tenant or master tenant
- Who pays if taxes or insurance go up?
- Investors, through the trust
Your rights
- Can investors remove the manager?
- Only for cause
Who's behind the Trust?
Driftwood Capital is a South Florida hotel investment and lending firm. Its Form D names Driftwood Capital LLC as the Trust's sponsor and promoter. 1 The firm announced this Trust on June 25, 2026 as the launch of its Delaware statutory trust platform and its first move into the 1031 exchange channel. 4 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
- Offerings on record
What does the SEC record show?
A Form D is the notice an issuer files when a private placement begins — not an approval or a review. This one reports April 15, 2026 as the date of first sale of interests and a $25,000 minimum investment. 1 The exemption claimed permits public advertising, provided each buyer's accredited status is verified rather than self-certified.
- Legal Trust name
- Driftwood Hotel Income I, DST
- SEC CIK
- 2142222
- First Form D
- Jun 25, 2026
- Latest Form D
- Jun 25, 2026
- Filings on record
- 1
- Offered under
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Investors | Filing on SEC EDGAR |
|---|---|---|---|---|---|
| Form D | $23,975,543 | $4,862,787 | 1 | EDGAR |
Amounts, investor counts and minimums are as filed with the SEC on Form D. The change lines are Top1031’s arithmetic between consecutive filings; a new Form D notice starts a new count.
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.
Common questions
- Is Courtyard by Marriott Fort Lauderdale Weston an active offering?
- Courtyard by Marriott Fort Lauderdale Weston is an Active offering: its latest Form D was filed Jun 25, 2026. A Form D filing does not by itself confirm that interests are still available; the sponsor or a registered representative can confirm what is open.
- Does Courtyard by Marriott Fort Lauderdale Weston have a 721 UPREIT exit?
- The record lists a possible 721 exit for Courtyard by Marriott Fort Lauderdale Weston. It is an option, not a completed transaction; the offering documents set whether and when it can happen. In a 721 exchange, or UPREIT, the DST’s property is contributed to a REIT’s operating partnership and investors receive operating-partnership units instead of cash.
- How a DST-to-721 UPREIT exit works
- 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's May 21, 2026 offering presentation identifies the Trust as the 100% beneficial owner of the 176-key hotel, and a Broward County deed names Driftwood Hotel Income I DST as the grantee. Florida's corporate registry lists the Trust as an active Delaware declaration of trust, document D26000000008, filed March 6, 2026.
- Why do the published purchase prices and room counts differ?
- They measure different things. Driftwood's June 25, 2026 launch announcement states a $35.5 million total purchase price that includes the bill of sale — the personal property that comes with an operating hotel — while the Broward County deed records $22,750,000 of consideration for the real-property transfer. On rooms, the sponsor's presentation and Marriott's 2024 renovation announcement both say 176 keys, while AltsWire's June 24, 2026 coverage described 174 rooms. The offering documents carry the controlling property description.
- 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 fixed rent schedule to underwrite and no single tenant credit to review. Driftwood's own presentation states that the Trust's ability to make distributions depends entirely on the hotel's operating performance.
- Who runs the hotel day to day?
- Driftwood's May 21, 2026 offering presentation identifies Driftwood Hospitality Management, its affiliated hotel operating company, as providing property management including revenue management, sales and marketing. The reviewed record does not establish the management agreement's term and fee schedule, a master-tenant counterparty, or the terms of the Marriott franchise licence. Those are offering-document disclosure items, not SEC filing items.
- What has the sponsor published about how this hotel has performed?
- Driftwood Capital's offering presentation states $2,897,856 of unaudited trailing calendar-2025 hotel net operating income, which the sponsor says is adjusted for a 3% management fee and a 4% furniture, fixtures and equipment reserve. That figure is sponsor-calculated and unaudited. The same presentation describes the hotel's 2024 renovation as a $6 million project. No verified occupancy percentage was established in the reviewed public record, and forward-looking sponsor targets are not results.
- How much filing history is there?
- The SEC record for this Trust is a single Form D, filed June 25, 2026, reporting a total securities offering of $23,975,543 under Rule 506(c) — the exemption that allows general advertising so long as every buyer's accredited status is verified — plus an April 15, 2026 date of first sale and a $25,000 minimum investment. Research reviewing the SEC index through October 4, 2026 identified no later amendment, so the filed figures are a June 25, 2026 snapshot rather than a current subscription total.
In the news
Sources
Show sources (9)Hide sources (9)
These links support the record as a whole; individual details may come from different sources.
- U.S. Securities and Exchange Commission ↗
- Sponsor offering documents, May 2026
- Broward County Official Records ↗
- LODGING, carrying Driftwood Capital's announcement ↗
- Hotel Executive, carrying Marriott International's announcement ↗
- Florida Division of Corporations ↗
- lodgingmagazine.com ↗
- altswire.com ↗
- hotelplanner.com ↗
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 offering documents before investing.