Affiliates of Paceline Equity Partners, LLC (“Paceline”), a Dallas-based private equity manager, today announced that they have acquired a full-service hotel in Quincy, Massachusetts. The Marriott Boston Quincy is set in a highly visible corridor along Route 128 at the intersection of I-93 and Route 3 and is less than 20 minutes from downtown Boston. Paceline acquired the hotel in an off-market transaction from the prior lender. The acquisition will be Paceline’s first strategic partnership with BlackPearl Capital, a group with extensive hospitality investing and operator experience.
AHF Products Completes Purchase of Certain Assets of Armstrong Flooring
AHF Products announced that it has closed the purchase of certain assets of Armstrong Flooring, Inc.,...
Affiliates of Paceline Equity Partners Acquire Extended Stay Home2 Suites by Hilton New York Long Island City
Affiliates of Paceline Equity Partners, LLC (“Paceline”), a Dallas-based private equity manager, today...