Monday, April 15

MIAMI—Driftwood Capital refinanced the Scottsdale McCormick Ranch, a resort property located in Scottsdale, Arizona. MetLife Investment Management, the institutional asset management business of MetLife, Inc., provided the refinancing loan totaling $115,000,000. Carlos Rodriguez Sr., chairman and CEO of Driftwood Capital, said, “Driftwood Capital and its affiliates are excited to replace the in-place debt with favorable terms as we near completion of the $40 million transformational renovation and revitalization of the Scottsdale McCormick Ranch Resort…
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