aj capital partners
AJ Capital Partners Acquires Property for Conversion to Graduate Austin
Graduate Hotels | April 20, 2023
Nashville, Tenn., April 2023 - Adventurous Journeys (AJ) Capital Partners announced today an acquisition in downtown Austin which will be home to the forthcoming Graduate Austin, part of the Graduate Hotels®️ collection. The property, located at Guadalupe Street and West 18th Street, is conveniently situated in the heart of downtown, just steps from the University of Texas campus and Texas Capitol Mall. Upon completion, the 18-story hotel is expected to open in 2025. Created for travelers who seek memory-making journeys, Graduate Hotels is a thoughtfully crafted collection of hotels that reside in the most dynamic university-anchore...
Graduate Palo Alto Opens Close to Stanford University Within Iconic Former Hotel President
Graduate Hotels | January 10, 2023
Palo Alto, Calif. – January 10, 2023 – Graduate Hotels® is excited to announce today the opening of Graduate Palo Alto. The property is located in the heart of downtown Palo Alto at 488 University Avenue, nestled blocks from Stanford University and within the iconic former Hotel President. The storied property has been thoughtfully renovated and restored to honor the building’s past, as well as the history of the neighboring community. The six story Graduate Palo Alto features 100 keys and two signature food and beverage concepts - Lou & Herbert’s, a lobby level, day-to-night café, and President’s Terrace, a vibrant rooftop ba...
AJ Capital Partners Acqures The Dornoch Hotel in Dornoch, Scotland
Marine & Lawn | September 28, 2022
Nashville, Tenn. – September 28, 2022 – Adventurous Journeys (AJ) Capital Partners announced today the acquisition of The Dornoch Hotel in Dornoch, Scotland. The property will join Marine & Lawn Hotels & Resorts, a collection of bespoke hotels located in the world’s most premier golf destinations. AJ Capital will reposition the property as Dornoch Station hotel, honoring the hotel’s original name dating back to 1902, the Station Hotel. The hotel is now closed and for the next several months it will undergo comprehensive renovations of all guest rooms, public spaces, exterior and grounds including the installation of a putting ...
AJ Capital Partners Acquires Macdonald Marine Hotel & Spa in North Berwick, Scotland
AJ Capital Partners | February 17, 2020
Chicago-based real estate developer purchases second property in Scotland with plans to renovate and reopen with updated guest rooms and food and beverage offerings Chicago, Ill. – Adventurous Journeys (AJ) Capital Partners announced today that it has acquired the Macdonald Marine Hotel & Spa in North Berwick, Scotland. The 83-key hotel will undergo extensive renovations starting in fall 2020. Once completed in spring 2021, the reimagined hotel will debut with 89- keys, two food and beverage concepts, expansive meeting and event space and an indoor-outdoor spa and fitness center. “Our team is humbled by the opportunity to create...
AJ Capital Partners Acquires Macdonald Rusacks Hotel in St Andrews, Scotland
AJ Capital Partners | November 19, 2019
Chicago, Ill. – Adventurous Journeys (AJ) Capital Partners announced today that it has acquired the Macdonald Rusacks Hotel in St Andrews, Scotland. The 70-key hotel will begin pre-construction design and architectural work in November 2019 and will undergo complete renovations starting spring 2020. Once completed in summer 2021, the reimagined hotel will debut with an additional 44 keys and a rooftop bar and restaurant overlooking the 18th hole of the Old Course at St Andrews and the historic Swilcan Bridge. This marks the second acquisition by AJ Capital from the Macdonald Hotels & Resorts portfolio in addition to the Randolph Hotel i...
Graduate Hotels Appoints David Rochefort as President and Saxton Sharad as Chief Operating Officer
AJ Capital Partners | August 26, 2019
Chicago, Ill.– Graduate Hotels announced today the expansion of their executive team, including the promotion of David Rochefort to Graduate Hotels® President and the addition of Saxton Sharad as Chief Operating Officer of Graduate Hotels. Rochefort and Sharad join Graduate Hotels leadership including Julie Saunders, Chief Marketing Officer at Graduate Hotels; and Martin Hanson, President of Graduate Hotels Management. Created for travelers who seek memory-making journeys, Graduate Hotels, owned by AJ Capital Partners, is a thoughtfully crafted collection of hotels that reside in dynamic university-anchored cities across the country. Ea...
AJ Capital Partners Expands Internationally With Acquisition of DoubleTree by Hilton Hotel Cambridge City Centre in England
AJ Capital Partners | July 24, 2019
Cambridge, England - Adventurous Journeys (AJ) Capital Partners announced today that it has acquired the DoubleTree by Hilton Hotel Cambridge City Centre in Cambridge, England. This marks the first Graduate Hotels® property to debut outside of the United States. The hotel will continue to operate as DoubleTree by Hilton until the end of the year. Renovations will begin in early 2020, and the 148-key hotel will debut as Graduate Cambridge, part of the Graduate Hotels collection, in summer 2020. Created for travelers who seek memory-making journeys, Graduate Hotels is a thoughtfully crafted collection of hotels that reside in the most dynam...
AJ Capital Partners Plans Fall 2020 Opening of Graduate Hotel in Tuscon, Arizona
AJ Capital Partners | July 3, 2019
Tucson, Ariz. – Adventurous Journeys (AJ) Capital Partners announced today its plan to open Graduate Tucson, part of the Graduate Hotels® collection, in Tucson, Arizona. The 14-story, 164-room ground-up hotel development will be located on 2nd Street, just off Park Avenue and University Boulevard. The hotel will be part of a mixed-use development that includes retail, residential apartments and a public plaza slated to open in fall 2020. Prominently located just steps from the University of Arizona, Graduate Tucson will be in the heart of Main Gate Square and the campus restaurants, shops and office space making it the perfect offering ...
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