Noble Acquires New Haven Hotel at Yale University

ATLANTA, GA (December 3, 2019) – Noble Investment Group ("Noble") today announced the acquisition of the New Haven Hotel at Yale University in the heart of downtown New Haven, Connecticut.

Downtown New Haven is a vibrant commercial, educational and medical district flourishing with retail, dining, art galleries and historic landmarks. The downtown area is home to both Yale University and the 1,541 bed Yale-New Haven Hospital, one of the largest hospitals in the world and the primary teaching hospital for the Yale School of Medicine and the Yale School of Nursing.

"The New Haven Hotel provides Noble the opportunity to acquire a well-built hotel in a fantastic, pedestrian-oriented location surrounded by strong and stable demand generators," said Noble principal, Ben Brunt. "The hotel will be repositioned to provide guests an enhanced experience and capitalize on the growing demand at Yale University, Yale New Haven Hospital and the significantly expanding bio-technology infrastructure in the area."

The New Haven Hotel features 135 guestrooms and suites, a fully-equipped business center and fitness center, complimentary high-speed wireless internet access, as well as a 24/7 grab-and-go market. Guests can enjoy breakfast and a complimentary wine and cheese evening reception Monday - Saturday. The hotel also offers nearly 1,000 square feet of flexible meeting and board room space.

For more information or to make reservations, please visit NewHavenHotel.com or call the hotel directly at 203.498.3100.

About Noble Investment Group

Since 1993, Noble has specialized in making income and value-add investments in upscale hotels throughout the United States. Through its private equity real estate funds, Noble has invested more than $3 billion in communities throughout the country and has created 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 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