Noble Investment Group has acquired 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 dining, retail and entertainment venues.
Fishers, IN, is a rapidly expanding market proximate to Indianapolis. It is recognized for its strong economic growth and business-friendly environment. The area has recently experienced more than $2 billion in new development, with additional investments being delivered over the coming years.
“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/chief investment officer, Noble.
