Affiliates of paceline equity partners acquire extended stay home2 suites by hilton new york long island city

Dallas--(business wire)--affiliates of paceline equity partners, llc (“paceline”), 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. this recently renovated hotel is one of only three hilton-branded extended stay properties in new york city and is viewed as an urban flagship-type asset by the brand. the acquisition represents paceline's seco.
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