ffiliates of Paceline Equity Partners, LLC, a Dallas-based private equity manager, today announced that they have acquired the Home2 Suites by Hilton New York Long Island City, an extended stay, all-suite hotel located in Long Island City, New York.
The eight-story brick tower, which opened as The Williamsburg Hotel in 2017, is located at 96 Wythe Ave. on the corner of North 10th Street in the heart of Brooklyn's cultural district for music, art, nightlife, dining, shopping, prime real estate and more.
Arlington, VA based real estate investment firm Excel Group recently completed the acquisition of the 150-key Hampton Inn & Suites Yonkers, NY, located 17 miles away from New York City.
Chesapeake Lodging Trust (NYSE:CHSP announced yesterday that it has closed on the sale of the 122-room Hyatt Herald Square New York and the 185-room Hyatt Place New York Midtown South, both located in New York, New York, for an aggregate sale price of $138.0 million, or approximately $450,000 per key.
Chesapeake Lodging Trust (NYSE:CHSP) announced today that it has entered into an agreement to sell the 122-room Hyatt Herald Square New York and the 185-room Hyatt Place New York Midtown South, both located in New York, New York, for an aggregate sale price of $138.0 million, or approximately $450,000 per key.
National real estate investor and developer Lightstone announced today the acquisition of the Hilton Garden Inn in Long Island City, adding to their hospitality portfolio in New York City.
RLJ Lodging Trust (NYSE: RLJ) today announced that it has sold two hotels in New York City for $286 million or $494,500 per key. Separately, the Company sold one other hotel in Bakersfield, CA for $13 million.