Raines Continues Strategic Expansion with Home2 Suites by Hilton Charlotte University Research Park in Charlotte, NC

Raines, a leading hospitality management, development, and investment organization, has added Home2 Suites by Hilton Charlotte University Research Park in Charlotte, NC, to its management portfolio. Raines, living up to its reputation as a "one-stop-shop" for hotel investors, assisted the undisclosed owner in acquiring the property, facilitating the transaction from start to finish.

Located at 625 McCullough Drive, Charlotte, NC 28262, along I-85 and 485, Home2 Suites by Hilton Charlotte University Research Park is in the heart of University City, a developing district in northeast Charlotte. The market offers a blend of academic, corporate, and residential communities, as well a diverse array of industries. Major employers in the area include Allstate, IBM, AT&T, Duke Energy, TIAA, and Wells Fargo. The hotel is five minutes away from UNC Charlotte and Atrium Health University City. For racing enthusiasts, the property offers proximity to the Charlotte Motor Speedway, zMAX Dragway, and the NASCAR Hall of Fame.

The 105-key hotel's suites include the usual Home2 Suites amenities, including fully equipped kitchens. There is an indoor pool and fitness center, as well as meeting rooms for larger gatherings. The property also offers complimentary breakfast, a 24/7 market, free Wi-Fi, and is pet friendly.

The Charlotte transaction demonstrates Raines' comprehensive approach to third-party management growth, leveraging its full-service capabilities to assist owners with property purchases while expanding its portfolio. The company has maintained strong momentum with significant expansion in 2024, adding more than 20 properties to its management portfolio, and continued growth in 2025 with new developments and management agreements across the Carolinas.

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