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Noble expands portfolio with three new acquisitions in Fishers, IN

It has invested more than $6 billion in communities nationwide over the past three decades

Noble expands portfolio with three new acquisitions in Fishers, IN

NOBLE INVESTMENT GROUP recently acquired the Courtyard by Marriott and the dual-brand Hyatt House & Hyatt Place in Fishers, Indianapolis. The newly built hotels are in the Fishers District, a 150-acre development with dining, retail and entertainment venues, Noble said in a statement.

Noble is led by Mit Shah, senior managing principal and CEO.


“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, managing principal and chief investment officer at Noble.

Fishers is a rapidly expanding market near Indianapolis, known for strong economic growth and a business-friendly environment, the statement said. The area has seen more than $2 billion in new development recently, with more investments expected in the coming years.

In August, Noble acquired the Courtyard Jacksonville Beach Oceanfront, which includes 150 guestrooms, two F&B outlets, 2,450 square feet of meeting space, a pool, a hot tub, a fitness center, and a convenience store.

The company has invested over $6 billion in communities nationwide over the past three decades, adding value across cycles and supporting job creation.

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