What Is Noble Investment Group Doing with WoodSpring Suites?
NOBLE INVESTMENT GROUP recently acquired 16 WoodSpring Suites extended-stay properties through two portfolio transactions. These investments expand the firm’s platform focused on branded long-term accommodations amid rising demand for flexible living.
Noble, based in Atlanta, is led by CEO Mit Shah.
“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.
Noble’s platform uses operational scale, brand alignment and market shifts to create assets designed to generate cash flow, hedge inflation and provide long-term returns across cycles, the company said in a statement. The company has invested more than $6 billion across the U.S. in the past three decades.
Brunt, who joined Noble in 2005, became chief investment officer in 2021, succeeding Rodney Williams.
In October, Noble acquired the Courtyard by Marriott and the dual-brand Hyatt House & Hyatt Place in Fishers, Indianapolis, a 150-acre development with dining, retail, and entertainment.
