LCP owns the DoubleTree by Hilton Hotel Newark Airport in Newark, New Jersey. A $22 million modern renovation of the hotel has been completed including the pool and fitness center. The hotel is next to Newark Liberty International Airport, with a free shuttle every 30 minutes. It is also seven miles from Cape Liberty Cruise Port and 10 miles from New York City.
Inception Year: 2024
Platform: Equity (or Debt)
Status: Active
Investment Description: Here is the description of this investment, etc.
Press Release: LINK HERE
Keys: 503
Inception Year: 2018
Platform: Equity
Status: Active Investment
Investment Description: Through a structured-buyout, LCP owns the DoubleTree Newark Airport Hotel in Newark, New Jersey.
The 502-room Doubletree by Hilton hotel is adjacent to the Newark Liberty Airport and within ten miles of downtown Manhattan. The hotel offers complimentary shuttle service to the airport, Cape Liberty Cruise Port, and Newark Penn Station. Nearby leisure attractions include the New Jersey Performing Arts Center, Red Bull Stadium, Prudential Center Arena, Liberty Science Center, and the Jersey Garden Outlets. Steps away are the businesses and corporate headquarters for Anheuser-Busch Brewery, Prudential, Panasonic, and Rutgers University.
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