DVI Cardel Funds has a successful track record of joint venturing with large institutional investors and high net worth individuals 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 that have provided consistent dividends to investors. 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.