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/PRNewswire/ Platinum Equity announced today it provided a Second-Lien Term Loan ("Term Loan") to Railway Equipment Leasing and Maintenance Inc. ("RELAM").
The 115-key Home2 Suites in Long Island City was developed in 2014 and boasts a cost-friendly alternative to Manhattan hotels, particularly for extended-stay customers.
Article - Home2 Suites by Hilton New York Long Island City Hotel Sold - 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.