Announced
Financials
Sources
Tags
Hotels and Motels
hotel
United States
inn
Private
Majority
Single Bidder
Domestic
Acquisition
Friendly
Completed
Synopsis
Noble Investment Group, a minority-owned real estate investment manager, completed the acquisition of Hampton Inn and Home2Suites by Hilton Tampa Downtown | Channel District, two hotels. Financial terms were not disclosed. "Tampa's diversified demand and pro-business climate have made the city one of the top-performing lodging markets in the US during the Post-Covid Recovery and the #3 US City for Net Migration in 2020. The Hampton Inn and Home2 Suites Downtown are high-quality assets that are positioned at the epicenter of Downtown Tampa's exciting growth," Ben Brunt, Noble's CIO.
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