Noble Investment Group Acquires Hyatt Place Houston | Sugar Land

Houston, TX - August 7, 2014 – Noble Investment Group ("Noble") today announced the acquisition of Hyatt Place Houston | Sugar Land. The hotel, which opened in 2010, is located in the prominent Sugar Land area, which is southwest of downtown Houston.

"The Houston MSA continues to be a national leader in economic, employment, and population growth," said Rodney Williams, Noble’s managing principal and chief investment officer. He further added, "Development in the Sugar Land submarket, unlike most of Houston, is tightly controlled through specific zoning and development requirements; therefore, Hyatt Place Houston | Sugar Land enjoys the premier select service location in a market with significant barriers to entry."

Hyatt Place Houston | Sugar Land features 214 spacious guestrooms, a fully-equipped business center, a 24-hr StayFit fitness center and outdoor pool, free high-speed wireless internet access, as well the free a.m. Kitchen Skillet™ for guests, the 24/7 Gallery Menu and the Coffee to Cocktails Bar. The hotel also offers more than 6,000 square feet of meeting and boardroom space.

Launched in 2006, the Hyatt Place brand brings to the upscale select service hotel category the authentic hospitality for which Hyatt is known. Inspired by multitasking travelers' 24/7 lifestyle, Hyatt Place hotels combine style with casual hospitality. For Hyatt Place information or to make a reservation, please visit www.HyattPlace.com or call 1-888-HYATT-HP (888-492-8847).

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.