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Noble acquires Hilton Garden Inn in Charleston, S.C.

The hotel features a rooftop terrace and swimming pool

NOBLE INVESTMENT GROUP has acquired the Hilton Garden Inn Charleston/Mt. Pleasant in Charleston, South Carolina. The Atlanta-based company is led by founder and CEO Mit Shah

The 133-room hotel is near the Arthur Ravenel Jr. Bridge close to Charleston’s historic district. Also nearby are demand drivers such as the Medical University of South Carolina, the Boeing Co. and Volvo. Amenities include a second-floor rooftop terrace with a swimming pool and 5,000 square feet of meeting and event space, including indoor and outdoor areas.


In 2019, Charleston was named the best small city in the U.S. by Condé Nast Traveler in their Readers’ Choice Awards and Travel + Leisure named it the No. 1 City in the U.S. and No. 12 best city in the world.

“The Charleston market continues to exhibit strong and consistent growth across multiple demand segments and has positioned itself well to further that trend.” said Noble Principal Ben Brunt.

Earlier this month, Noble acquired the dual-brand Hampton Inn & Suites Downtown Denver and Homewood Suites by Hilton Downtown Denver in Denver.

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Peachtree Group Backs The Briad Group’s Retail Expansion

Peachtree backs Briad’s retail expansion

Summary:

  • Peachtree to provide up to $200M to Briad for retail expansion.
  • Private credit platform to fund 2–4 Circle K stores and mini-travel centers yearly.
  • Peachtree has provided Briad $100M+ for hotel developments since 1999.

PEACHTREE GROUP IS expanding into the convenience and fuel retail sector, providing up to $200 million to The Briad Group to develop and acquire new sites. Its private credit platform will support two to four Circle K stores and mini Travel Center projects annually.

Each 7,000-square-foot location combines fuel, convenience retail and quick-service restaurants including Wendy's, Dunkin', Jimmy John's and Buffalo Wild Wings Go, Peachtree said in a statement.

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