Among
the noteworthy deals of the past week was Noble Investment Group’s acquisition of
16 Woodspring Suites through two portfolio transactions.
NATIONAL
REPORT — Atlanta-based Noble Investment Group has acquired 16 Woodspring Suites
long-term extended-stay properties through two portfolio transactions.
Noble said
that the portfolio totals just over 1,900 rooms across nine states. “As
affordability challenges and workforce mobility reshape how people live, work,
and stay, we’re scaling a high-margin, service-light platform that delivers
brand-backed reliability without the burden of traditional leases,” said Ben
Brunt, Noble’s managing principal and chief investment officer.
To download
our list of deals from the past week in Excel format, click here.