Noble Investment Group Expands Portfolio with Acquisition of Marriott and Hyatt Hotels in Growing Indianapolis Suburb
ATLANTA, Oct. 30, 2024 /PRNewswire/ — Noble Investment Group, a leading real estate investment manager specializing in the travel and hospitality sector, announced today the acquisition of two new hotels in the dynamic and rapidly expanding suburb of Fishers, Indiana. The newly built Courtyard by Marriott Indianapolis | Fishers and the dual-brand Hyatt House & Hyatt Place Indianapolis | Fishers are strategically located within the Fishers District, a 150-acre live, work, play, and stay development that offers a vibrant mix of dining, retail, and entertainment options.
Fishers is experiencing significant growth and economic expansion, with over $2.0 billion in new development already completed and even more investment expected in the coming years. This thriving environment, combined with its proximity to Indianapolis, makes it an attractive location for both business travelers and leisure visitors.
“Noble is excited to add these new, high-yielding hotels with in-place cash flows to our growing portfolio and capitalize on the region’s continued economic expansion,” said Ben Brunt, Noble’s Managing Principal and Chief Investment Officer. “These properties align perfectly with our strategy of investing in dynamic markets with strong growth potential.”
About Noble Investment Group
Noble Investment Group is an award-winning real estate investment manager with a proven track record spanning three decades. The firm has invested over $6.0 billion in communities across the country, demonstrating a commitment to adding value across economic cycles and supporting job creation. Noble has consistently earned recognition for its performance and commitment to excellence. PERE has named Noble one of the Top 200 Global Investment Managers, and the firm has been recognized as one of the Best Places to Work by Pensions & Investments and the Atlanta Business Chronicle.
As a fiduciary to institutional investors, including pensions plans, endowments, foundations, wealth management firms, and insurance companies, Noble’s endeavors help to preserve and grow capital, ultimately contributing to retirement benefits for teachers, law enforcement, firefighters, other pensioners, and providing financial resources for students pursuing higher education.
For more information, please visit www.nobleinvestment.com.
