HREP
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 ...