Courtyard by Marriott Fort Lauderdale Weston
Hotel (select-service, Courtyard by Marriott) property in Weston, FL — sponsored by Driftwood Capital
Files with the SEC as Driftwood Hotel Income I, DST
Minimum investment
$25k
Offering size
$24.0M
How much has sold
20.0%
Asset type
Hotel (select-service, Courtyard by Marriott) property
Location
Weston, FL
Financing
Leveraged. This offering reports mortgage debt on the property.
Sponsor-reported, from SEC filings and cited 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.1 It holds the Courtyard by Marriott Fort Lauderdale Weston, a select-service hotel in western Broward County, Florida.2 The Trust is raising now from accredited investors, those meeting SEC income or net-worth thresholds, and is Driftwood's first DST.3
~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.
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What exactly is the property?
The asset is a select-service hotel flying Marriott's Courtyard flag in Weston, west of Fort Lauderdale in Broward County.2 Trade coverage dated May 8, 2024 reported completion of a redesign and renovation covering guest rooms, the exterior, lobby, meeting rooms and the Bistro.4 Driftwood Capital acquired the property from Ashford Hospitality in April 2026, and its June 25, 2026 launch announcement stated a $35.5 million purchase price including the bill of sale.3
- 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 here: a hotel earns nightly room revenue, so income tracks occupancy and room rates rather than contractual rent from a creditworthy tenant. The Trust's single Form D names no hotel manager or management agreement, so the operator and its fee terms are matters for the private placement memorandum, 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
- Still available
- $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, which means investor equity sits behind a lender's claim and the loan's maturity becomes a date that matters. No lender is identified in the Form D or in launch coverage.
- 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 the offering's promoter and sponsor and lists a Coral Gables, Florida address.1 Trade coverage dated June 25, 2026 described this Trust as the firm's inaugural DST platform and its entry into the 1031 exchange channel.3 Bisnow reported on June 29, 2026 that the Broward County hotel anchors that new platform.
- Sponsor
- Driftwood Capital
- Legal Trust name
- Driftwood Hotel Income I, DST
- 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 a document the SEC reviews or approves.1 The single filing on record does not identify the hotel or the lender, and the exemption claimed permits general advertising provided each buyer's accredited status is verified rather than self-certified.
- Form D filedFirst and latest filing on record.
- 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?
Top1031 lists Courtyard by Marriott Fort Lauderdale Weston as active because the sponsor is still filing with the SEC. That does not confirm that interests remain available.
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 on N Commerce Parkway in Weston, Florida, west of Fort Lauderdale. Driftwood Capital's own press material says it launched the DST and seeded it with this hotel. Driftwood acquired the property from Ashford Hospitality in April 2026, and its June 25, 2026 launch announcement stated a $35.5 million purchase price including the bill of sale.
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.
Who runs the hotel day to day?
The public filing record does not say. The Trust's Form D names no property operator and no management agreement, and no management terms were located in independent sources as of August 31, 2026. The identity of the manager, its fee schedule, and the Marriott franchise terms would be disclosure items in the private placement memorandum.
Why do published room counts and purchase prices differ?
Driftwood's June 25, 2026 material describes a 176-key hotel and a $35.5 million purchase price including the bill of sale, and the May 8, 2024 renovation coverage also describes 176 rooms. Separately, the South Florida Business Journal reported on April 21, 2026 that a Driftwood Capital affiliate and Merrimac Ventures bought a 174-room hotel for $22.75 million; that report does not name Driftwood Hotel Income I, DST, so its relationship to the Trust is unresolved. The property description and acquisition terms in the private placement memorandum control.
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?
Very little history: the SEC record for this Trust consists of a single Form D filed June 25, 2026, with no amendment in the displayed issuer history as of August 31, 2026. That filing reports a $25,000 minimum investment and claims the private-placement exemption that allows public advertising when each buyer's accredited status is verified.
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.