in upscale hotels throughout
the United States
Founded in 1993, Noble is a minority-owned, industry-leading specialist in the lodging and hospitality real estate sector. Through our private real estate funds, Noble has invested $4 billion in communities throughout the country, creating thousands of jobs. As an institutional fiduciary to foremost pensions plans, university endowments, and foundations, Noble's endeavors help to preserve and grow our limited partners' capital, which assists in providing retirement benefits for our country's teachers, law enforcement, firefighters, other pensioners, and financial resources for students to attend college.
Noble invests in upscale select-service and extended-stay hotels primarily affiliated with Marriott, Hilton, and Hyatt. Our longer duration income strategy provides for an enhanced current yield by acquiring income-producing hotels with moderate leverage where we can improve operational performance. Our value-add strategy provides for a total return by developing hotels in primarily urban city-centers and acquiring ‘B’ assets in ‘A’ locations where we reposition and reconfigure them into an institutional quality product and then sell to a broader marketplace. Noble invests in markets characterized by durable demand generators such as major universities, medical centers, and diverse corporate sectors. Our internal competencies help to drive revenue, increase profitability, and maximize asset value.