Private company
Who owns Noble JV / Noble Hospitality Fund V, L.P.
One company in the researched set discloses a stake in Noble JV / Noble Hospitality Fund V, L.P., worth $282m between them. Noble JV / Noble Hospitality Fund V, L.P. is private, so no 13F reports it: a 13F covers exchange listed positions only. These figures exist because each holder disclosed the stake in its own filings.
Noble JV / Noble Hospitality Fund V, L.P. - Profile
- Type
- fund
- Based in
- United States
- Founded
- 2022
Noble Hospitality Fund V is a closed end private real estate fund raised by Noble Investment Group, an Atlanta based investment manager founded in 1993 that specialises in the upscale United States lodging sector and has put close to 5 billion dollars to work through its institutional funds. The fund pursues value added investments in select service and extended stay hotels, buying properties it can reposition or renovate rather than developing from scratch. It closed on 10 January 2024 at 1 billion dollars, above an initial target of 800 million dollars, with about 90 per cent of the manager's existing limited partners re upping alongside new institutional investors including the New York State Common Retirement Fund. The related Noble JV refers to the strategic partnership through which Noble and its investor partner also share fee income and carried interest from the manager's business.
Source
Noble JV / Noble Hospitality Fund V, L.P. files nothing with the SEC, so none of this comes from a filer record. The description was written for this site in August 2026 from Noble Investment closes fifth US value-add hospitality property fund at 1bn (IPE Real Assets), Noble announces strategic partnership with Host Hotels & Resorts (PR Newswire) and Host Hotels makes 150m commitment to Noble's US hotel fund (IPE Real Assets). The ownership figures below come from the holders' filings instead, and are sourced row by row.
The disclosed stakes
One row per position. Where a holder reports the same company in two share classes, both rows are shown rather than summed, because the class is part of a position's identity.
Where each figure comes from
A private stake has no ownership form behind it, so the source is always the holder's own filing or disclosure. Anything modelled says so, with the arithmetic.
- Host Hotels & Resorts, Inc., as of 31 Dec 2025. FY2025 10-K Investments in Affiliates table: 'Noble JV' carrying value (Our Investment) $282 million as of 31 Dec 2025 (up from $170 million at 31 Dec 2024, after a further $114 million invested in 2025), our portion of debt $182 million against total debt $818 million, $12 million distributions received in 2025. Separately, the 10-K states Host made a $211.5 million capital commitment to Noble Hospitality Fund V, L.P., representing a 21.15% ownership interest in the fund, of which $144 million was funded as of 31 Dec 2025 (plus $23 million funded after year end), plus a further $30 million co-investment commitment ($29 million funded). The counterparty (Noble Investment Group / Noble Group) has a one-time put right in 2030 to require Host to buy up to an additional 26% interest in the entities in which Host currently holds a 49% interest, for a fixed $56 million. In Dec 2025 Host also committed to fund 10% of a follow-on Noble Hospitality Fund VI, L.P. pct_of_target is left null because no single percentage honestly describes this composite position; both disclosed percentages (49% and 21.15%) are given here in pct_denominator rather than picking one. source
What this page is not
It is not a complete register. It lists the holders who happen to be inside the researched set and disclosed the stake themselves. A private company can have many other shareholders, and nothing here rules them out: venture investors, founders and employees usually appear in no public filing at all. Percentages are of Noble JV / Noble Hospitality Fund V, L.P. where a holder stated one, and are missing where no holder did.