A Lewisville hotel changed owners on June 5.

TownePlace Suites Dallas/Lewisville is now under the Raines Hospitality umbrella, according to a news release.

The property is part of a joint venture with Atlantic Hotel Groups, part of 16 properties now under the Raines management portfolio. Raines now operates 56 hotels across the United States, according to the news release.

“We are dedicated to deliberate, sustainable growth in carefully considered markets with partners who share our vision and values," Kerry Ranson, partner and president of operations at Raines said in a news release. "This deal expands our footprint into the Texas market and showcases our commitment to delivering unparalleled hospitality experiences.