Press releases & articles

Opportunity Zones on the March

In 2017, Driftwood Acquisitions and Development purchased a 218-room dual-branded Hilton Hotel in Fort Lauderdale, FL, with its joint venture and co-development partner Merrimac Ventures. The partners commenced ground-up construction on the development promptly after.

This Week’s Chicago Deal Sheet

Chicago tied with Los Angeles for the fourth-most-active office construction market in the U.S, with 7.4M SF under construction, according to Avison Young’s Mid-Year 2019 Global Office Market Report. Nearly half of that space is pre-leased. New York ranked as the top market, with 14.6M SF underway, followed by Washington, D.C., with 10.9M SF, and Dallas with 7.8M SF.


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Lexi Astfalk