Noble Funding Community Announces Acquisition of 35-Resort Portfolio
ATLANTA, Georgia—Noble Funding Community (Noble) launched the acquisition of a 35-asset portfolio. The portfolio comprises 35 Sonesta Simply Suites, totaling higher than 4,000 rooms across 19 states and 25 markets.
“These fundamentals present a structural opportunity for Noble—to develop at compelling yields, unlock performance by plan of operational alpha, and lift stable distributions while compounding long-time interval boost,” stated Ben Brunt, chief funding officer of Noble. “This portfolio straight advances that technique and adds meaningful scale to our platform.”
Over the final year, Noble has deployed capital into higher than 100 assets across 62 markets nationwide. The platform is purposefully concentrated in locations with durable quiz visibility, institutional liquidity, and operational upside—markets where Noble’s disciplined funding and working technique drives solid, repeatable money drift and long-time interval rate creation for merchants.
Noble was suggested in connection with the transaction by Seyfarth Shaw’s hospitality group.
