NOBLE INVESTMENT GROUP ACQUIRES 126-ROOM AMERISUITES

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SCHAUMBURG, ILL. — Noble Investment Group has acquired a 126-room AmeriSuites located in Schaumburg. The hotel will undergo a $5 million re-positioning that will re-flag it as the Hyatt Place Chicago/Schaumburg. The hotel was acquired for an undisclosed amount on behalf of Noble Hospitality Fund, the company’s fully discretionary, private equity real estate fund.

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