Noble Investment Group Acquires Courtyard by Marriott New Haven at Yale University

Atlanta, GA – March 31, 2015 – Noble Investment Group ("Noble") today announced the acquisition of the Courtyard by Marriott New Haven at Yale University.

The hotel is located in downtown New Haven, Connecticut adjacent to the Yale University campus, New Haven’s vibrant commercial district, and the 1,541 bed Yale-New Haven Hospital, one of the largest hospitals in the world and the primary teaching hospital for Yale School of Medicine and Yale School of Nursing.

"Noble will invest in physical improvements designed to enhance the guest experience at every level,” said Noble principal, Ben Brunt. “Over more than 20 years, we have had great success in adding value to upscale, transient oriented hotels in dynamic markets which include world class learning institutions and major medical centers. We continue to investigate additional opportunities in this market."

The Courtyard by Marriott New Haven at Yale University features 207 guestrooms and suites, a fully-equipped business center and fitness center, complimentary high-speed wireless internet access, as well as a Bistro café and a 24/7 grab and go market. The lobby features media pods with cable television, a Boarding Pass Station, and an interactive GO Board for all news, sports, and local information. The Courtyard by Marriott New Haven at Yale University also offers more than 1,600 square feet of flexible meeting and board room space.

For more information or to make reservations, please visit www.courtyardmarriottyale.com or call the hotel directly at 203.777.6221.

JLL Hotels and Hospitality Group represented the seller, 30 Whalley Avenue Associates, in the transaction.

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.