Highline Real Estate Partners
Highline Hospitality Partners Expands Into Washington D.C. Metro Area With Acquisition of Hilton Garden Inn Arlington Courthouse Plaza
Highline Hospitality Partners | July 31, 2024
ARLINGTON, VA - JULY 31, 2024 - Highline Hospitality Partners (HHP), the hospitality investment platform launched by Highline Real Estate Partners, has acquired the Hilton Garden Inn Courthouse Plaza Arlington Courthouse Plaza. The 193-room, premium select-service hotel marks HHP’s 12th property and its first venture into the Washington DC metro area. Situated in Arlington’s Rosslyn-Ballston corridor, the hotel is ideally situated in Northern Virginia’s stable and growing demand generators, including the Pentagon, Amazon’s HQ2 and the burgeoning defense and tech corporate sectors. The hotel is also conveniently located within walki...
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...
Margaritaville Beach Resort South Padre Island Opens on South Texas Coast
Margaritaville Beach Resort South Padre Island | June 13, 2023
SOUTH PADRE ISLAND, Texas, June 13, 2023 -- Margaritaville Beach Resort South Padre Island officially opened today as the first Texas beachfront resort in the Margaritaville portfolio. Set on a prime location in South Padre Island, the destination uniquely offers all-ocean view rooms and condos with a fun, relaxed 'no worries' vibe. "We are thrilled to bring Margaritaville to the South Texas coast, allowing locals, guests, and visitors alike to experience a one-of-a-kind oasis," said Rone Middler, General Manager of Margaritaville Beach Resort South Padre Island. "An easy drive or plane trip from the major metro ...
Highline Hospitality Partners Acquires DoubleTree by Hilton Hotel Portland and Tru by Hilton Portland Airport Area
Highline Hospitality Partners | June 22, 2022
BIRMINGHAM, Alabama (June 22, 2022) – Highline Hospitality Partners (HHP), the hospitality investment platform launched by Highline Real Estate Partners (HREP), has acquired the DoubleTree by Hilton Hotel Portland and Tru by Hilton Portland Airport Area in a strategic partnership with ADËLON Capital, a real estate investment, development and asset management firm. Bringing HHP to eight properties within its portfolio, the two neighboring hotels are adjacent to the largest mall in Maine, the Portland International Jetport and the I-95 interchange in the heart of Portland’s retail corridor. HHP's team has over 60 years of combined experi...
Highline Hospitality Acquires Salt Lake City Marriott University Park
Highline Hospitality Partners | November 17, 2021
NEW YORK – November 17, 2021 – Highline Hospitality Partners (HHP), the hospitality investment platform launched by Highline Real Estate Partners (HREP), has added its fifth property with the off-market acquisition of the 218-room Salt Lake City Marriott University Park and has tapped Stepstone Hospitality to manage the property. Highline Hospitality Partners' team has over 60 years of combined experience across sourcing, purchasing, asset-managing, renovating, repositioning, and selling hospitality properties and has operated all classes of hotels. "We are pleased to add the Salt Lake City Marriott University Park to our grow...
Highline Hospitality Partners Inks Third Deal With Acquisition of Pearl South Padre Resort
Highline Hospitality Partners | March 24, 2021
Transitioning to a Margaritaville resort after renovations, the new ownership tapped Aimbridge Hospitality to manage the property, set to open in 2022. NEW YORK – March 24, 2021 – Highline Hospitality Partners (HHP), the hospitality investment platform launched by Highline Real Estate Partners (HREP), has added their third property with the acquisition of Pearl South Padre Resort in Texas and tapped Aimbridge Hospitality, the leading, global, third-party hotel management company, to manage the property. They are preparing to convert the destination to a Margaritaville resort, the global lifestyle brand synonymous with fun and escapism,...