Noble Hires Tim Bowes as Senior Director of Asset Management and Mark Klawitter as Director of Asset Management

Atlanta, Georgia (June 17, 2025) – Noble Investment Group (“Noble”) today announced the addition of Tim Bowes and Mark Klawitter to its asset management leadership team, strengthening the firm’s capabilities as it accelerates the growth and scale of its institutional investment strategies.

Mr. Bowes will help lead asset performance across Noble’s upscale select-service hotel portfolio, partnering with operating teams to implement innovative strategies that unlock value. He brings over 25 years of experience in hospitality operations, revenue optimization, and performance strategy. Most recently, he served at Hospitality Investors Trust, a Brookfield company, and previously held senior roles with Crescent Hotels & Resorts and Marriott International.

Mr. Klawitter will help spearhead execution across Noble’s branded long-term accommodations platform, guiding initiatives that drive revenue, profitability, and operational innovation. Over his 25-year career at Extended Stay America, Mark helped shape one of the nation’s most resilient accommodation models through data-driven execution and hands-on operational leadership.

“Tim and Mark bring deep industry expertise and a performance-oriented mindset that aligns with our institutional approach to asset management,” said Steven Nicholas, Managing Principal and Head of Asset Management at Noble. “Their leadership will enhance our ability to drive operational excellence and long-term value across our platform.”

Noble Investment Group

For over three decades, Noble has been at the forefront of the travel and hospitality real estate sector. With more than $6.0 billion invested across the United States, the organization has delivered sustained value creation, strengthened communities, and catalyzed economic development through meaningful job creation. Recognized as one of PERE’s Top 200 Global Investment Managers and consistently named a Best Place to Work by Pensions & Investments and the Atlanta Business Chronicle, Noble’s track record reflects both performance and purpose.

As a fiduciary to many of the world’s leading institutional investors—including pension plans, endowments, foundations, wealth managers, and insurance companies—Noble is entrusted with preserving and compounding capital across market cycles. Our investments help secure the retirements of teachers, first responders, and other pensioners across the country, while also advancing educational opportunities for future generations.

Learn more at www.nobleinvestment.com.