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Board of Directors

Carlos J. Rodriguez


President & Managing Partner
RodBlu Investments and DVI Cardel Funds
Executive Vice President of Driftwood Hospitality Management

Carlos J. Rodriguez has more than two decades of hospitality development, management and finance experience. Following a brief career as a Wall Street securities trader and investment banker, Rodriguez joined the hospitality industry. In 1997, he founded Cardel Hotels, a group of affiliated hotel management, ownership and development companies based in Miami, Florida. By 2001, he had built a solid portfolio of award-winning full and limited-service hotels and resorts in Florida and Latin America as well as other real estate ventures in office, retail and land development. In 2003, Rodriguez became Executive Vice President of Real Estate Acquisitions/Development for Driftwood Hospitality Management where he has contributed to the company’s growth and success by more than doubling its portfolio of hotels and resorts under management and ownership. Rodriguez holds an MBA from Duke University’s Fuqua School of Business and a BS in Economics from Vanderbilt University. Rodriguez also serves as a Founding Director of Bank of Coral Gables.

ABOUT DRIFTWOOD

Driftwood Hospitality Management, LLC owns, operates and develops hotels in the U.S., affiliates of the company operate in the Caribbean and Latin America. The company's current portfolio consists of 44 hotels comprising over 8,900 rooms in major resort destinations and top business travel and convention markets in thirteen U.S. states, the Bahamas and Costa Rica.

Our hotel portfolio includes many award-winning franchises of nationally recognized hospitality brands such as Radisson, Wyndham, Crowne Plaza, Sheraton, Hilton, Hampton Inns and Courtyard by Marriott, Holiday Inn Express, Hotel Indigo, Select by Holiday Inn and Doubletree. Driftwood's expertise covers a broad range of lodging options, from mid-size extended-stay and limited service properties, to boutique and full-service resorts featuring bars and restaurants, spas and convention centers.

Driftwood Hospitality Management has a proven track record in all aspects of the hospitality business including Internet distribution and eMarketing, sales & marketing, rooms/food & beverage operation, accounting and renovation. Our team has had extensive experience with most major franchises, which recognize Driftwood for its commitment to excellence. In addition to those brands named above, the company is an approved operator for Westin, Omni, Ramada, Embassy Suites, Doubletree Club and several others.

Since its inception in 1999, Driftwood has consistently achieved exceptional growth. We have assembled an experienced and entrepreneurial management team capable of achieving focused objectives. Members of the company's senior management have an average of 20 years of experience in all segments of the lodging industry, and have proved highly successful in the takeover, re-positioning, and optimization of hotel operations.

Driftwood Hospitality Management, LLC is located in Jupiter, Florida, with additional offices in Miami, Florida; San Jose, Costa Rica and Scottsdale, Arizona.

ABOUT RODBLU INVESTMENT & DVI CARDEL FUNDS

Established in March 2007, RodBlu is a commercial property investment fund designed to unite private and institutional investors interested in acquiring and developing commercial real estate throughout the United States. Satisfying the need within the industry for an opportunistic fund, RodBlu maintains its focus on hotels, office buildings, retail shopping centers, vacant land, industrial properties, mixed used developments and other added value commercial properties, throughout the U.S., Caribbean and Latin America.

DVI Cardel Funds has a successful track record of joint venturing with large institutional investors to acquire and develop hotels in a wide variety of lodging types. In January 2006, DVI Cardel and its partners placed $50 million in equity in six hotels including two new hotels that are both currently under construction. Six months later, DVI Cardel launched Fund II which has acquired and/or developed eight hotels, including a soon-to-be-built Courtyard and Extended Stay in Flagler Station, FL. DVI Cardel Fund III was just recently launched with $100 million in equity to buy or develop hotel assets over the next two years. The goal of DVI Cardel Funds is to increase the portfolio of properties under ownership and management by Cardel and Driftwood through its relationships with private and institutional investors while delivering solid returns to its investors.

 

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