Noble Investment Group, a minority owned real estate investment manager, has purchased the Homewood Suites by Hilton Salt Lake City-Downtown, located in Salt Lake City’s business and entertainment district.

Noble Investment Group sees the city as a viable growth real estate investment going forward.

The downtown segment of Salt Lake City is anchored by 15 million square feet of office and home to numerous corporate headquarters.

Additionally, the city sees 26 million passengers through the Salt Lake City International Airport with over 10 ski resorts and over a dozen national parks and monuments.