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Affiliates of Paceline Equity Partners, LLC (“Paceline”), a Dallas-based private equity manager, today announced that they have acquired the Renaissance Dallas at Plano Legacy West Hotel, a full-service, upscale hotel located in the Legacy West development in Dallas, TX. The new vintage property is one of Marriott’s flagship hotels within the Renaissance brand. The acquisition will be Paceline’s first strategic partnership with ESR Group, one of the largest real estate managers in Asia with more than $140 billion in assets under management.