Driftwood Capital Unifies Investment Leadership Team

Driftwood Capital unified its equity and credit leadership by appointing David Resnick as partner and co-chief investment officer, promoting David Steiner to co-chief investment officer, and recruiting Andrew Dykeman as senior vice president of equity investments [1]. The unified team directs capital allocation and structuring for large-scale, luxury hospitality, mixed-use, and branded residential developments [1].

Why did Driftwood Capital reorganize its investment leadership?

Driftwood restructured its leadership to pursue larger and more complex executions across lifestyle hospitality, luxury assets, mixed-use developments, and ground-up builds, according to Hotel Business [1]. Carlos Rodriguez Jr., cofounder and CEO of Driftwood, explained that the company operates equity, development, and credit operations under one roof [1]. Unifying the investment executive tier under Resnick and Steiner aligns these capabilities across the capital stack while maintaining separate mandates for equity and lending activities [1].

What roles will the new co-chief investment officers hold?

David Steiner and David Resnick share direct responsibility for investment activity across both credit and equity platforms [1]. As Hotel Business reported, their duties span overall investment strategy, deal origination, underwriting, financial structuring, capital allocation, and ongoing portfolio oversight [1]. Bringing these divisions under dual leadership allows the firm to assess and underwrite transactions simultaneously from lending and ownership perspectives [1].

What background does David Resnick bring to the firm?

David Resnick joined Driftwood Capital from 13th Floor Investments, where he worked as chief investment officer [1]. In that role, Resnick directed more than $850 million of capitalized projects [1]. He also expanded that firm's pipeline to roughly $5.5 billion in capitalization and more than 7,500 units across income-producing assets, residential development, and alternative asset classes [1].

What is David Steiner's track record with Driftwood's credit platform?

David Steiner cofounded Driftwood Capital's credit platform after joining the firm in 2020 [1]. During his tenure leading the lending arm, he managed credit fund I's participation as a co-lender in roughly $2.3 billion in aggregate credit transactions through October 2025, Hotel Business reported [1]. His promotion links that lending base directly with Driftwood's equity vehicle [1].

What are Andrew Dykeman's primary underwriting responsibilities?

Andrew Dykeman oversees the underwriting and structuring of all new equity investments across the Driftwood platform [1]. Dykeman moved to Driftwood from The Witkoff Group, where he served as senior vice president of acquisitions and capital markets [1]. At Witkoff, he led site selection, business planning, and capital raising for the Shell Bay hotel and residential brand across $10 billion of global master-planned transactions [1]. Dykeman also directed underwriting and asset management for approximately $7 billion in development projects and $3 billion in debt financings, including the Shore Club in Miami Beach, 700 N Miami Ave in Downtown Miami, and One High Line in New York [1].