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Value Place Acquires 22 Properties for $115 Million

Value Place Acquires 22 Properties for $115 Million

WICHITA, Kan.—Value Place announced that it has acquired 22 operating properties owned by its largest franchisee, a partnership comprised of Angelo, Gordon & Co. and other prominent real estate investors. The $115 million purchase price includes the assumption of existing ...

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Value Place to Develop 12 Boston-Area Hotels

Value Place to Develop 12 Boston-Area Hotels

BOSTON—Value Place and Dinosaur Capital Partners, the Boston-based development and investment firm, plan to develop 12 new corporate hotels in the Boston area over the next two years. Boston is Value Place’s latest focus in its continuing expansion across the ...

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Value Place Begins Construction in Lake Charles, La.

Value Place Begins Construction in Lake Charles, La.

WICHITA, Kan.—WICHITA, Kan.—Value Place announced today that construction has begun on a new property in Lake Charles, La. Scheduled to be completed in October 2013, the four-story, 124-room building will be built to the company’s recently announced “Value Place 2.0” ...

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Value Place Debuts New Design Generation

Value Place Debuts New Design Generation

WICHITA, Kan.—Value Place unveiled a refreshed property standard that delivers cost efficiency and convenience for operators and new room features for guests. The new “Value Place 2.0” offers enhancements that range from more energy-efficient lighting and appliances to improved locking ...

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