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US: Real estate investment manager Noble has acquired a 14-property portfolio of WoodSpring Suites in the United States, advancing the firm’s Branded Long-Term Accommodations (BLTA) strategy.
The assets, which are located in a “diversified set of high-growth US markets”, are recently developed and were acquired at a basis “meaningfully below” replacement cost.
Dustin Fisher, principal and head of acquisitions at Noble, said: “This portfolio underscores our ability to efficiently scale differentiated operating strategies through disciplined underwriting and off-market execution. 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 WoodpSpring acquisition follows the recent purchase of 35 Sonesta Simply Suites in December 2025. In June that year, Noble also bought 16 WoodSpring Suites through two transactions.
Highlights:
- Noble has acquired a 14-property WoodSpring Suites portfolio in the US, further expanding its Branded Long-Term Accommodations (BLTA) platform
- The recently developed assets are located across high-growth US markets and were acquired below replacement cost
- It builds on Noble’s extended-stay expansion, following the purchase of 35 Sonesta Simply Suites in December 2025 and 16 WoodSpring Suites in mid-2025
