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Accord Announces Commitment to Noble Hospitality Fund V


Accord Group Holdings, a global real estate strategic investment and capital advisory firm, has made a capital commitment to Noble Investment Group’s latest venture, Noble Hospitality Fund V (Noble Fund V).

The investment was made through Accord’s affiliate, the Accord Catalyst Fund, a discretionary institutional comingled fund that seeks to catalyze the growth of real estate managers in the United States and Western Europe. Accord also has initiated an advisory relationship with Noble via its U.S. broker-dealer affiliate, Accord Capital Partners.

“With alternative investments on the rise, we continue to see strong opportunity within the hospitality sector and were pleased to invest in Noble V,” said Desi Co, managing partner, Accord Group. “Hitting the fund’s hard ceiling of $1 billion in equity commitments is a testament to the Noble team and the opportunity presented to institutional investors. The fundamentals of the hotel industry make it uniquely positioned to benefit from pent up demand for travel in a post-pandemic environment while also providing the opportunity to act as a hedge against inflation. Hotels can reset rates daily, whereas other asset classes are often locked into long-term leases.”

Co added, “Noble’s focus on select-service and extended-stay hotels also provides the opportunity for increased demand as consumers opt for more affordable options during times of high inflation or economic uncertainty. We were honored to deliver critical insights and fruitful industry relationships as advisers to our partners at Noble while also providing capital as an investor ourselves, demonstrating our alignment with Noble’s long-term vision and strategy.”

Noble is a real estate-investment manager that focuses on value-add investments in select-service and extended-stay hotels. Its latest fund provides equity participants the opportunity to take advantage of growth in this segment of the hospitality sector that continues to benefit from post-pandemic trends in travel and increased demand as consumers look for lower-cost but amenity-filled alternatives to full-service hotels.

To read the full article, click here.


Accord, through its affiliates, is a global capital advisor, principal investor and investment manager. With its headquarters in San Francisco and personnel in Chicago, London, Hong Kong and Seoul, Accord engages with a wide variety of participants in the real estate private equity industry. Accord Capital Partners, its broker/dealer affiliate, provides advisory and capital raising services in the United States. Accord Europe Limited, its broker/dealer affiliate, provides advisory and capital raising services in the United Kingdom and Europe. For further information on Accord, visit:


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