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Florida investor snaps up 231-room hotel on the shore of Lake Ray Hubbard


Florida investor Driftwood Acquisitions & Development LP purchased the decade-old hotel from TRC Capital Partners LLC. From the biggest buys to the hottest office trend, a look at D-FW real estate in 2017 Holliday Fenoglio Fowler L.P. brokered the sale.


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Lake Ray Hubbard Filed under Real Estate at Yesterday Share Facebook Twitter Email Print This Story Written by Steve Brown, Real Estate Editor Connect with Steve Brown On Twitter Email Get Daily Dallas News Headlines Sign Up Don't miss a storyLike us on Facebook. Like Dallas News' Facebook Page Get Unlimited Digital Access Your first month is less than a dollar. $0.99 for first 4 weeks Subscribe Now A lakeside hotel just east of Dallas has changed hands.The Hilton Dallas/Rockwall Lakefront is a 231-room, full-service hotel on the shore of Lake Ray HubbardIt's in the Harbor development in Rockwall.Florida investor Driftwood Acquisitions & Development LP purchased the decade-old hotel from TRC Capital Partners LLC From the biggest buys to the hottest office trend, a look at D-FW real estate in 2017 Holliday Fenoglio Fowler L.Pbrokered the saleTerms of the deal were not disclosed.The hotel was renovated last year and has 31,532 square feet of meeting space, a new outdoor venue with lake views and three food and beverage facilities.HFF's John Bourret and Austin Brooks negotiated the sale.Miami-based Driftwood Acquisitions & Development is a hotel investor that has been in business since 2015 View Comments Tags Real Estate Business Rockwall Share Facebook Twitter Email Print This Story Taking you back to Business (function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = "//connect.facebook.net/en_US/sdk.js#xfbml=1&version=v2.7&appId=153400558063427"; fjs.parentNode.insertBefore(js, fjs); }(document, 'script', 'facebook-jssdk')); More about Dallas News About Us Careers Advertise Contact Us Special Sections FAQ Privacy Policy Terms of Service Site Map Get More Dallas News Around the Web Facebook Twitter Instagram YouTube

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