Highline Hospitality Partners Announces Joint Venture Acquisition of the Home2 Suites by Hilton Long Island City

Highline Hospitality Partners | July 31, 2023

Hospitality investment firm adds 115-room all-suite property to its portfolio NEW YORK (July 31, 2023) – Highline Hospitality Partners (HHP), the hospitality investment platform launched by Highline Real Estate Partners (HREP), has acquired the Home2 Suites by Hilton Long Island City in a joint venture with an affiliate of Paceline Equity Partners, LLC, a Dallas-based private equity manager. The extended-stay and 115-room all-suite hotel, which is HHP’s tenth property, is located at the core of Long Island City, only a block away from a stop on New York’s extensive subway system which provides direct access to Midtown Manhattan in les...