July 18, 2023

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    Driftwood Capital, ORIX USA, and other top lenders for small mezz loans

    (2023 projected origination volume and preferences) Driftwood Capital Volume: $200M Funded $50M so far this year; $5M-$50M loans for select- and full-service boutique and branded hotels with more than 90 keys; 85% LTV/LTC; three-year terms with extension options; non-recourse; flexible DSC ratios and debt yield; nationwide ORIX USA’s Real Estate Capital Group Volume: $100M-$150M Funded More