US hospitality investor reshuffles top team

by | 09 Sep 2022 | Appointments, People

L-r top row: Dan Konzelmann, Renee Millett, Emily Feeney, Scarlett Reveron; bottom row: Sydney Payne, Ryan Maher, Michael Hall and Dillon Potter.

Atlanta-based Noble Investment Group has promoted several executives and made new leadership appointments across its asset management, capital markets, communications, investment, and investor relations teams.

The latest moves are to support the firm’s continued growth, as since the second quarter of last year, Noble has completed more than $1.5 billion of investment activity and continues to expand the depth and breadth of its travel and hospitality investment platform.

Promoted team members

Among the promotions were Dan Konzelmann, moving up from director to senior director of acquisitions. He is responsible for executing strategies across Noble’s investment platform.

Renee Millett has also added a ‘senior’ to her job title, now as senior project director, managing value-add renovations and the management and execution of new development projects.

Elsewhere, Emily Feeney has been promoted from manager to director of capital markets and investments. She is responsible for financing new asset acquisitions, managing capital market relationships, and asset dispositions.

Plus Scarlett Reveron was promoted to director of communications. She runs the firm’s internal and external communications and media relations.

Further advancements

In the development division, Sydney Payne has moved up from coordinator to manager. Her duties are overseeing the accounting, contract administration, and coordination of project development initiatives.

Finally, Bo Zhang was promoted from analyst to associate in the asset management department. He is responsible for information, data, and analytics for Noble’s asset management team and investment management strategies.

CEO Mit Shah commented: “I remain proud of these Noble leaders, who represent the diverse talent we continue to develop in our organisation.”

Leadership additions

Noble has also been on a recruitment drive, with Jody Ward joining as a senior director for asset management. He is responsible for working with third-party management organisations and on-property leadership of Noble-owned assets. He has over 20 years of hospitality industry experience, holding leadership roles with numerous hospitality management companies and hotel brands.

The firm has also recruited Ryan Maher as a senior director, this time in the investments department. He will be responsible for Noble’s extended-stay development strategy and build-to-core-to-sell new development opportunities. He has over 17 years of hospitality development experience.

Plus Michael Hall joined as director of transitions. He will work with Noble’s asset management team, the investment team, and third-party management organisations during Noble’s acquisition and operational transition. He has more than 18 years of hospitality industry experience with revenue and asset management roles.

More recruitment

The personnel additions continue with Nicolas Weatherford coming onboard as director of investor relations. He is responsible for Noble’s institutional investor relationship management. He has eight years of private equity, financial consulting, business development, and investor relations experience.

Lastly, Dillon Potter has become acquisitions analyst for the firm. He will support Noble’s investment team in sourcing, underwriting, and executing investment strategies. He is a recent graduate of the Cornell School of Hotel Administration, receiving his bachelor’s degree in real estate finance.

Noble CEO Shah added: “These appointments demonstrate our commitment to recruiting top talent as we continue to expand the depth and breadth of our hospitality investment strategies.”

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