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Drive Shack Inc. Announces Second Quarter 2017 Results and Declares Third Quarter 2017 Preferred Stock Dividends

August 2, 2017 6:00 AM EDT

NEW YORK--(BUSINESS WIRE)-- Drive Shack Inc. (NYSE: DS; the Company) today reported the following information for the quarter ended June 30, 2017.

BUSINESS HIGHLIGHTS

Drive Shack The Company continues to develop its first two venues in Orlando, Florida and Richmond, Virginia, which are targeted to open in 1Q 2018 and 3Q 2018, respectively. The Company is also developing its third venue in Raleigh, North Carolina, which is expected to open in the second half of 2018. The team has other sites in various stages of development and continues to assess a national... More