Noble Investment Group has acquired a portfolio of 14 WoodSpring Suites as part of its Branded Long-Term Accommodations strategy, expanding its presence in the extended-stay segment and increasing deployment of institutional capital into operating-oriented investments.
The deal comes on the heels of another WoodSpring haul Noble made in May when it acquired 16 WoodSpring Suites hotels through two portfolio transactions.
The portfolio is situated in high-growth markets with multiple demand drivers. According to information released by the company, the assets are recently developed and are currently operating with established performance. Noble stated that the properties were acquired at a basis below replacement cost, positioning the portfolio within the firm’s broader long-term accommodations platform.
This acquisition forms part of Noble’s Branded Long-Term Accommodations growth pipeline. The firm described the transaction as aligned with its strategy of building scale through the aggregation of assets within fragmented segments of the hospitality market. The portfolio was sourced through an off-market process, consistent with Noble’s stated focus on direct transactions rather than broadly marketed sales processes.
Noble indicated that the portfolio supports its capital formation objectives by placing institutional capital into a platform designed for repeatability and long-term operation. The company emphasized that the assets require limited near-term capital investment and already operate within a defined brand and management structure. These characteristics were cited as factors supporting integration into Noble’s existing platform.
“This portfolio underscores our ability to efficiently scale differentiated operating strategies through disciplined underwriting and off-market execution,” said Dustin Fisher, principal and head of Acquisitions at Noble Investment Group. “With minimal near-term capital requirements and a strong operating foundation, these assets are well positioned to benefit from Noble’s platform capabilities and deliver consistent performance over the long term.”
The acquisition reflects Noble’s continued focus on branded long-term accommodations as a distinct segment within the lodging industry. By concentrating on recently developed properties operating under a single extended-stay brand, the firm continues to build a portfolio structured around standardized operations and long-term stays.
Noble has positioned its branded long-stay accommodation strategy as a key investment area. The Woodspring Suites portfolio expands this platform and increases the company’s exposure to extended-stay accommodation across multiple markets.
With the completion of this transaction, Noble continues to expand its holdings through portfolio acquisitions while maintaining an emphasis on operating performance and platform consistency. The firm has not disclosed additional transaction details beyond the information provided and has not announced further acquisitions related to this portfolio.