Highline Hospitality Partners
Highline Hospitality Partners Acquires the Residence Inn in Norwalk, Connecticut
Highline Hospitality Partners | October 11, 2022
BIRMINGHAM, Alabama (Oct. 11, 2022) - Highline Hospitality Partners (HHP), the hospitality investment platform launched by Highline Real Estate Partners (HREP), announces the acquisition of its ninth property with the purchase of the Residence Inn Norwalk, Connecticut. The Highline Hospitality Partners team has over 60 years of experience in sourcing, purchasing, asset-managing, renovating, repositioning, and selling hospitality properties and has operated all classes of hotels and resorts. “We are proud to add the Residence Inn Norwalk to our growing portfolio of hotels,” said Highline Hospitality Partners’ Managing Partner, Chuck P...
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 Partners Acquires Sheraton Suites Galleria-Atlanta in JV With Paceline Equity Partners
Highline Hospitality Partners | June 15, 2022
ATLANTA, GA (June 15, 2022) – Highline Hospitality Partners (HHP), the hospitality investment platform launched by Highline Real Estate Partners (HREP), has acquired the Sheraton Suites Galleria-Atlanta in a joint venture with an affiliate of Paceline Equity Partners, LLC, a Dallas-based private equity manager. The full-service and 278-room all-suite hotel, which is HHP’s sixth property, is located in a highly active corridor just 20 minutes from downtown Atlanta. The joint venture will be Highline Hospitality Partners’ first strategic investment with Paceline. Highline Hospitality Partners' team has more than 60 years of combined expe...
Affiliates of Paceline Equity Partners Acquire Full-Service Sheraton Suites Hotel in Atlanta
Paceline Equity Partners | June 1, 2022
DALLAS--Affiliates of Paceline Equity Partners, LLC (“Paceline”), a Dallas-based private equity manager, today announced that they have acquired The Sheraton Suites Galleria-Atlanta, a full-service hotel located in a highly active corridor near the intersection of I-285 and I-75, 20 minutes from downtown Atlanta. The property is located less than one-half mile from The Battery, a mixed-use development anchored by Truist Park, home of the Atlanta Braves. Paceline acquired the hotel in an off-market transaction with the prior owner. The acquisition will be Paceline’s first strategic partnership with Highline Hospitality Partners, a group ...
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 Acquires Kansas City Marriott Hotel Downtown
Highline Hospitality Partners | November 11, 2021
NEW YORK , NY – November 11, 2021 – Highline Hospitality Partners (HHP), the hospitality investment platform launched by Highline Real Estate Partners (HREP), has added its fourth property with the acquisition of the 970-room Kansas City Marriott Hotel Downtown in Missouri and tapped Aimbridge Hospitality, a leading global hospitality company, 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 delighted to add the Kansas City Mar...
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,...
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