NOBLE INVESTMENT GROUP has acquired the dual-brand Hampton Inn & Suites Downtown Denver and Homewood Suites by Hilton Downtown Denver in Denver. Atlanta-based Noble is led by founder and CEO Mit Shah.
The dual-brand hotel has a combined 302 guestrooms and suites, an indoor pool and whirlpool, a bar and more than 7,000 square feet of meeting and boardroom space. It is near the Colorado Convention Center and the 16th Street Pedestrian Mall, as well as the Union Station multimodal transportation hub.
Downtown Denver also includes more than 25 million square feet of office space, three major sports stadiums, the Pepsi Center, the Denver Performing Arts Center, restaurants and museums and other attractions.
“We are pleased to be acquiring these best-in-class hotels in one of the most dynamic markets in the United States which provide an opportunity to add value through a targeted renovation and enhancement,” said Noble Principal Ben Brunt.
In December, Noble acquired the New Haven Hotel at Yale University in New Haven, Connecticut. The company plans to market the hotel toward new industry emerging in the area.
Also in December, Nobel Chief Administrative Officer Mark Rafuse died from cardiac arrest.