ATLANTA, Georgia—Noble Investment Group (Noble) introduced the acquisition of a 14-property portfolio, advancing the agency’s branded long-term lodging technique. The portfolio includes 14 WoodSpring Suites properties positioned throughout a diversified set of U.S. markets with a number of demand drivers.
The acquisition represents a core part of Noble’s BLTA progress pipeline and displays the agency’s deal with aggregating high-quality property in fragmented segments by means of off-market sourcing. The transaction aligns with Noble’s capital formation technique by deploying institutional capital right into a scalable platform designed to generate sturdy revenue and long-term worth creation.
“This portfolio underscores our capacity to effectively scale differentiated working methods by means of disciplined underwriting and off-market execution,” stated Dustin Fisher, principal and head of acquisitions at Noble. “With minimal near-term capital necessities and a powerful working basis, these property are nicely positioned to profit from Noble’s platform capabilities and ship constant efficiency over the long run.”
