Eric Hassberger Joins AJ Capital Partners as Senior Managing Director for Both AJ Capital Partners and Graduate Hotels
March 15, 2016 10:04am
Chicago, Ill. – AJ Capital Partners announced today the hire of a new member to its executive team. Eric Hassberger joins the team as Senior Managing Director, as a member of both the AJ Capital Partners and Graduate Hotels teams focusing on the strategic direction for Graduate and the future growth of the company both within and outside of the Graduate platform. Graduate Hotels is a hotel collection targeting university-anchored markets across the country that celebrates each town’s unique local culture and history.
“Eric is an excellent cultural fit for our Company,” said Jasin Alfaro, COO of AJ Capital Partners. “His talent and breadth of experience will immediately impact the growth and maturity of our Graduate Portfolio, and will provide us with another foundation on which to grow the AJCP brand.”
Prior to joining AJ Capital Partners, Eric was the Senior Vice President of Asset Management & Acquisitions at Strategic Hotels & Resorts (SHR). In his nearly 11 years there, Eric helped grow the company into a highly-respected owner and asset manager of arguably the highest-end lodging portfolio in North America. Eric’s tenure at SHR included responsibilities in the acquisitions and development, asset management, and capital markets groups. Throughout his various roles at SHR, Eric directly participated in nearly $5 billion in hotel acquisitions and restructurings, directly leading over $2 billion in single-asset transactions since September 2013. In December 2015, SHR Resorts was acquired by Blackstone for nearly $6 billion; a process in which Eric was also directly involved. Eric continued with Blackstone post-closing through February 2016 as a senior member of the SHR and Blackstone hospitality platform.
Tags: aj capital partners,
Adventurous Journeys Capital Partners, based in Chicago, is an accomplished team of hospitality and real estate investors whose innate passion is to create a one-of-a kind portfolio of timeless assets. The counter-culture investors acquire, design and develop transformative real estate throughout the United States, Mexico, and the Caribbean. In fall 2014, AJ Capital Partners launched the Graduate Hotels brand. AJ Capital Partners continues to grow its portfolio of lodging investments, firmly establishing the group as visionary leaders in the lifestyle-driven investment industry. For more information on AJ Capital Partners, please visit www.ajcpt.com.
Contact: Amy Stahulak
AJ Capital Partners and Cornell University Begin Construction for Graduate Roosevelt Island Hotel at Cornell Tech Campus
AJ Capital Partners Opens 304-Room Graduate Minneapolis Following Renovation and Rebranding
AJ Capital Partners Acquires Providence Biltmore Hotel; Plans Renovation and Conversion
Graduate Charlottesville Appoints Frank D. Paris III as Executive Chef
AJ Capital Partners Converting Ohio’s Former Bollinger Tower Into Graduate Columbus Set for Spring 2019 Opening
AJ Capital Partners Acquires Hotel Duncan in New Haven, Connecticut to Reopen in 2019 as Graduate New Haven
AJ Capital Partners Acquires Iowa City Sheraton to Be Relaunched as Graduate Iowa City by Summer 2018
AJ Capital Partners Acquires Sheraton Iowa City from Rockbridge
George Stowers Joins AJ Capital Partners as Senior Vice President of Development and Construction
Albert Rothman joins AJ Capital Partners as Senior Director of Food & Beverage
AJ Capital Partners Names Clay Thelen as Chief Financial Officer
AJ Capital Partners and Cornell University to Develop Graduate Hotel on Cornell Tech’s Roosevelt Island Campus
AJ Capital Plans New Graduate Hotel in Bloomington, Indiana to Open Late 2018
AJ Capital Partners Acquires Hotel Deca in Seattle, Washington to be Converted to a Graduate Hotel
AJ Capital Partners Acquires The Commons Hotel in Minneapolis, Minnesota to Be Converted to Graduate Hotel
AJ Capital Partners Opens 204-Room Graduate Hotel in Ann Arbor, Michigan
Cooper Manning Joins AJ Capital Partners as Senior Managing Director - Investor Relations
AJ Capital Partners to Open the 136-room Graduate Oxford Hotel in Mississippi
AJ Capital Partners Acquires The Dahlmann Campus Inn in Ann Arbor Across From University of Michigan
AJ Capital Partners Acquires Iconic Hotel Durant in Berkeley, California
Please login or register to post a comment.