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Tuesday, January 18, 2011

Noble Investment Group : The Fastest Growing Real Estate Company


Founded in 1993, the Noble organization is comprised of strategic business units that specialize in the lodging and hospitality real estate sector. Noble's overarching mission is to be the most respected hospitality organization in the United States, as measured by the loyalty of our team members, our customers, our financial stakeholders and the communities in which we live and operate.

Through its private equity real estate funds, Noble Investment Group is a value-added, active investor in hotels and resorts throughout the United States. Since inception, Noble has realized premium, risk-adjusted returns while investing more than $1 billion in the lodging sector. The organization's current discretionary private equity fund represents $310 million of equity commitments.


Company Details:

Location: Atlanta, GA

Year

2007

Industry

Real Estate

Founded

1993

Growth

3,600.5%

2003 Revenue

$1.5 million

2006 Revenue

$54.9 million

Employees

5326

Website

www.nobleinvestment.


Ranked No. 1 in the Top Companies In Real Estate

Ranked No. 2 in the Top Companies In Atlanta-Sandy Springs-Marietta, GA

Ranked No. 5 in the Southeast Inc. 500 Companies


Share Status of NIG from Oct '10 to Jan '11


What it does: Uses private equity financing from state pension funds, a university endowment, and 12 company principals to purchase, develop, and operate hotels, from the W in Atlanta to the Westin Long Beach in California.

Why it's growing: An influx of private equity financing has allowed Noble to snap up 25 properties since 2002, for a total of 40. Founder and CEO Mitesh Shah also attributes Noble's growth to its ownership structure: In the past five years he has added eight new partners, each of whom invests in the firm's private equity funds.


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