ATLANTA, Georgia—Noble Funding 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 situated throughout a diversified set of U.S. markets with a number of demand drivers.
The acquisition represents a core part of Noble’s BLTA development pipeline and displays the agency’s give attention to aggregating high-quality property in fragmented segments by way 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 earnings and long-term worth creation.
“This portfolio underscores our skill to effectively scale differentiated working methods by way of disciplined underwriting and off-market execution,” mentioned Dustin Fisher, principal and head of acquisitions at Noble. “With minimal near-term capital necessities and a robust working basis, these property are effectively positioned to profit from Noble’s platform capabilities and ship constant efficiency over the long run.”
