Noble Acquires Majority Stake in W Atlanta - Buckhead

An affiliate of Atlanta-based Noble Investment Group ("Noble") has acquired the majority stake of the W Atlanta - Buckhead. Already a minority owner of the prominent 291 room hotel, Noble also completed a long-term loan modification as part of the transaction.

"We are pleased to strengthen Noble's investment position in the W Atlanta - Buckhead located in one of the Southeast's most illustrious addresses," said Mit Shah, CEO, Noble Investment Group. "With its premier location and strong market presence, the W Atlanta - Buckhead should continue to be a significant contributor to our portfolio.”

The W Atlanta - Buckhead Hotel is located at 3377 Peachtree Road in the heart of Buckhead, one of Atlanta's most exclusive and most visited districts. Managed by Starwood Hotels and Resorts, the hotel features interiors by celebrity designer Thom Filicia, dining at MARKET featuring chef Jean Georges Vongerichten, and spectacular skyline views from its Whiskey Blue lounge. The W Atlanta-Buckhead is within walking distance to approximately 15 million square feet of first-class office space and some of the country's finest shops, restaurants and entertainment venues.

About Noble Investment Group

Since 1993, Noble has specialized in making value-add, opportunistic and income investments in upscale select service and extended-stay hotels affiliated with Marriott, Hyatt, Hilton and Intercontinental. Through its private equity real estate funds, Noble has invested more than $3 billion in communities throughout the United States, creating thousands of jobs. As a fiduciary to state pensions, university endowments and foundations, Noble’s endeavors help to preserve and grow our limited partners’ capital which provides retirement benefits for millions of our country’s teachers, policemen and firefighters as well as financial resources for students to attend college. For more information, please visit www.nobleinvestment.com.