Noble Investment Group Acquires Marriott and Hyatt Hotels in Fishers, Indiana
Noble Investment Group today announced the acquisition of the Courtyard by Marriott Indianapolis | Fishers and the dual-brand Hyatt House & Hyatt Place Indianapolis | Fishers. The newly built hotels are located within the Fishers District, a 150-acre live, work, play, and stay development featuring vibrant dining, retail, and entertainment venues.
Fishers, being close to Indianapolis, is known for its thriving economic growth and business-friendly environment. The area has recently seen over $2 billion in new development, with substantial additional investments expected in the coming years.
“Noble is thrilled to integrate these profitable hotels into our expanding portfolio, taking advantage of the region’s ongoing economic growth,” stated Ben Brunt, Noble’s Managing Principal and Chief Investment Officer.
Noble Investment Group is a real estate investment manager concentrating on travel and hospitality. Over three decades, Noble has invested more than $6 billion in communities nationwide. PERE has recognized the company as one of the Top 200 Global Investment Managers, and Pensions & Investments and the Atlanta Business Chronicle have hailed it as one of the Best Places to Work.
As a fiduciary to institutional investors, including leading pension plans, endowments, foundations, wealth management firms, and insurance companies, Noble’s endeavors contribute to the preservation and growth of their partners’ capital.
Categories: Development