Rockpoint and Highgate have sold the Home2 Suites by Hilton Lake Mary hotel in Orlando, Florida, to an undisclosed buyer. The hotel, which offers convenient access to major local attractions including shopping, dining, Walt Disney World, Universal Studios, and Daytona Beach, features in-room kitchens and free breakfast, along with amenities such as an outdoor saline pool, fire pit, grilling area, and fitness center. This transaction marks the completion of the joint venture between Rockpoint and Highgate, which was formed in 2021 to develop select-service and extended-stay hotels. The partnership has developed two hotels, including the Home2 Suites by Hilton Lake Mary and the Home2 Suites by Hilton Scottsdale North in Arizona, which was sold in June 2024. Rockpoint's COO, Dan Domb, stated that this outcome reflects their selective approach to investing in the hospitality sector alongside leading operating partners. Highgate remains committed to building on its track record as a leading investor, developer, and operator in the select-service and extended-stay space, and looks forward to continuing to invest in capabilities across this space, in collaboration with leading brands, partners, and the communities in which they develop. The sale of Home2 Suites by Hilton Lake Mary is a result of the joint venture's strategy to develop and sell high-performing hotels in compelling markets.