ATLANTA – August 16, 2022 — Morris, Manning & Martin advised Noble Investment Group in the acquisition of a 14 asset Marriott, Hilton and Hyatt hotel portfolio. Noble will invest in physical enhancements across the portfolio while optimizing operations to drive market share and increase profitability. Since the second quarter of last year, Noble has invested more than $1.5 billion across the United States in 40 hotels with approximately 6,000 rooms.
Noble, based in Atlanta, is a real estate investment manager specializing in the travel and hospitality sector. With a track record spanning three decades, Noble has invested more than $5 billion in communities throughout the country, adding value across cycles and creating thousands of jobs.
Noble announced the closings on August 16, 2022.
The MMM team is led by Tom Gryboski and includes Catherine Morgen, Brian Butler, Luke Hoover and Sam Kennon, all of Atlanta.