Noble Investment Group Acquires Residence Inn by Marriott Secaucus Meadowlands

Atlanta, GA – July 31, 2018 – Noble Investment Group ("Noble") today announced the acquisition of the Residence Inn by Marriott Secaucus Meadowlands. The all-suite, extended stay hotel, which opened in March 2015, is located in Secaucus, New Jersey, three miles from New York City via the Lincoln Tunnel.

Secaucus, New Jersey is marked by a highly dense and affluent residential population, Class A office and strong leisure demand. The hotel is located within the Plaza at Harmon Meadows, a mixed-use development which features 30 restaurants and shops, a 14-screen AMC Theatre, the 61,000 square foot Meadowlands Exposition Center and more than two million square feet of Class A office space anchored by corporate tenants such as Ernst & Young, Quest Diagnostics and Oracle. In early 2019, the American Dream Mall will enter the market as the largest mall in the United States with 4.8 million square feet of retail. The hotel is also conveniently located to the Meadowlands Sportsplex, which includes MetLife Stadium and Meadowlands Racetrack.

"The Residence Inn by Marriott Secaucus Meadowlands affords Noble the opportunity to acquire a newly-built asset, well positioned to experience significant future growth,” said Noble principal, Ben Brunt.

The Residence Inn by Marriott Secaucus Meadowlands features 154 studio, one and two-bedroom suites, each with fully-equipped kitchens. The hotel offers a 24-hour business center and fitness center, complimentary hot breakfast, grocery shopping service, laundry facilities and complimentary internet access throughout the hotel. Other amenities of the pet-friendly hotel include an outdoor terrace with fire pit, an indoor, heated pool and BBQ & picnic area. 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 ResidenceInn.Marriott.com or call the hotel directly at (201) 223-9901.

About Residence Inn by Marriott

Residence Inn by Marriott is the global leader in the extended-stay lodging segment, with more than 700 properties located in the United States, Canada, Europe, the Middle East and Central America. Designed for long stays, the brand offers spacious suites with separate living, working, and sleeping zones. Fully functional kitchens; grocery delivery service; 24-hour markets and complimentary breakfasts help guests maximize their time and thrive while they travel. Each Residence Inn offers free Wi-Fi in both public and guests spaces to ensure continuous connectivity while on the road. As a member of the Marriott International portfolio, Residence Inn participates in the award-winning Marriott Rewards® frequent guest program. Members earn their choice of points toward free vacations or frequent flyer mileage for dollars spent at any of the more than 4,000 Marriott hotels worldwide. For travel tips, the latest on the brand or to connect with other travelers, “like” Residence Inn on Facebook: www.facebook.com/residenceinn and follow Residence Inn on Twitter: www.twitter.com/residenceinn.

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.