Chuck Pomerantz Of Highline Hospitality Partners Acquires Hilton DFW Lakes Executive Conference Center In Grapevine

The property asset involved in this transaction is the Hilton DFW Lakes Executive Conference Center, a hotel situated at 1800 Highway 26E in Grapevine, TX. The hotel encompasses 397 keys and occupies 29 acres of land, featuring 72,000 square feet of meeting space and multiple amenities designed to accommodate various functions and events.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: Not disclosed
• Address: 1800 Highway 26E
• Market: Grapevine
• Keys: 397
• Acres: 29
• Buyer: Chuck Pomerantz - Highline Hospitality Partners
• Management: Avion Hospitality
• Portfolio Expansion: Total of 18 hotels with over 5,000 guestrooms and nearly $1.5 billion in assets under management
• Future Plans: Targeted renovations to enhance competitive positioning

Chuck Pomerantz of Highline Hospitality Partners represents the buyer in this transaction. The acquisition reflects Highline's strategic approach to expanding its hospitality portfolio while utilizing Avion Hospitality for property management to leverage operational expertise in enhancing guest experience and value.