Company Profile

Noble Investment Group LLC is a hotel owner and developer headquartered in Atlanta, Georgia. Founded in 1993, the firm invests on behalf of institutional clients such as pension plans, endowments, and foundations, and has over $5 billion in assets under management.

Lodging Development is currently tracking at least 4 projects in active development for Noble Investment Group, representing more than 490 rooms, with the majority falling in the midscale segment. An additional 2 midscale properties totaling more than 220 rooms are in delivery, including the StudioRes Memphis Cordova in Memphis, Tennessee, which is currently under construction. Among the projects in the planning stages is the WoodSpring Suites Ellenton in Florida.

Noble Investment Group's current portfolio includes at least 97 open hotels encompassing more than 14,100 rooms. The upscale segment represents the largest share of holdings, with at least 36 properties, followed by more than 33 economy-tier hotels and at least 20 upper midscale properties. The portfolio also includes 4 upper upscale hotels and 4 midscale properties. Properties in the company's portfolio include the Renaissance Raleigh North Hills Hotel in Raleigh, North Carolina, the Courtyard San Diego Downtown Little Italy in San Diego, California, and the Hampton Inn & Suites New Orleans Convention Center in New Orleans, Louisiana.

The company's holdings span more than 27 states, with notable concentrations in the New Orleans, Louisiana, and Atlanta, Georgia, markets.