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Value Place to Build 10 Hotels in Atlanta

Value Place to Build 10 Hotels in Atlanta

ATLANTA—Value Place, an economy extended-stay lodging brand in the U.S., will invest $65 million over the next two years to buy land and build 10 new corporate-owned and operated Value Place properties in the Atlanta metro area. Construction on the ...

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Value Place to Invest $131 Million in Florida

Value Place to Invest $131 Million in Florida

MIAMI—Value Place announced today it plans to invest $131 million to purchase land and develop 15 new corporate extended-stay properties in the greater Miami region over the next two years. Construction of the first 124-unit property is slated to begin ...

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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 Extended Stay Hotel Opens in Manassas, Va.

MANASSAS, Va.—Value Place has announced the opening of a new extended stay hotel in Manassas, Va., the second Value Place hotel to open in the Washington, D.C., area this year. The four-story, 124-room Manassas Value Place, includes rooms with fully ...

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