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about us


We are a family-owned business focused on achieving long-term returns for our shareholders, through opportunistic acquisitions and hands-on asset management.  


We aim to be the operating partner of choice for hospitality investments.


As an owner-operator, the interests of all investors are aligned: to maximize returns through efficiency and profitability. Our investment philosophy is structured around the following principles:

  • Focus on investments with low operational overhead, typically limited- and select-service market segments in secondary and tertiary markets

  • Purchase at a discount to comparable sales and replacement cost

  • Increase net asset value through growth in revenue and net income

  • Maintain comfortable debt-service coverage ratios through conservative capital structures

  • Preserve equity after dispositions with like-kind exchanges or qualified opportunity zones 




Noah is the Manager Partner and Founder of PHMG Hotels, an investment group focused in the lodging sector. Bringing 20+ years of experience in the hospitality industry, Noah is responsible for overseeing all aspects of the business including acquisitions, asset management, financing, and accounting. 


Prior to founding PHMG, Noah served as a Senior Director of Asset Management at The Chartres Lodging Group, LLC where he oversaw an $800-million portfolio of hotels totaling 4,500 rooms. Additionally, Noah’s experiences include appraisal and consulting at HVS Consulting & Valuation Division and operational leadership roles at Hilton and Starwood Hotels & Resorts (now Marriott International).


Noah is a Certified Hotel Administrator (CHA) and earned his Master of Management in Hospitality (MMH) in Real Estate Finance & Investments from Cornell University’s School of Hotel Administration and Bachelor’s degree in Finance and Marketing from Washington University in St. Louis.

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