FLORENCE, South Carolina—Raines introduced the addition of Home2 Suites by Hilton Charlotte College Analysis Park in Charlotte, North Carolina, to its administration portfolio. Raines assisted the undisclosed proprietor in buying the property, facilitating the transaction from begin to end.
Situated alongside I-85 and 485, Home2 Suites by Hilton Charlotte College Analysis Park is located in College Metropolis. The market presents a mix of educational, company, and residential communities, in addition to a variety of industries. Main employers within the space embrace Allstate, IBM, AT&T, Duke Vitality, TIAA, and Wells Fargo. The resort is 5 minutes away from UNC Charlotte and Atrium Well being College Metropolis. The property additionally presents proximity to the Charlotte Motor Speedway, zMAX Dragway, and the NASCAR Corridor of Fame.
The 105-key resort’s suites embrace the same old Home2 Suites facilities, together with absolutely geared up kitchens. The pet-friendly property additionally presents an indoor pool and health heart, in addition to assembly rooms for bigger gatherings, in addition to complimentary breakfast, a 24/7 market, and free Wi-Fi.
“We’re thrilled to welcome Home2 Suites by Hilton Charlotte College Analysis Park to the Raines portfolio,” mentioned Gray Raines, managing associate, Raines. “This deal showcases Raines’ capabilities as a multi-faceted associate for hospitality buyers. On this occasion, we helped determine the asset, underwrite the deal, and assisted with authorized providers and shutting. This challenge was accomplished in partnership with a long-time investor, additional demonstrating the energy of {our relationships} and our dedication to treating each proprietor as greater than only a quantity. We sit up for persevering with this partnership and guaranteeing that this property thrives.”
In 2024, Raines added greater than 20 properties to its administration portfolio, and the corporate has continued to develop in 2025 with new developments and administration agreements throughout the Carolinas.
