graduate hotels

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graduate hotels

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 Acquires The Inn at USC in Columbia, South Carolina

AJ Capital Partners | November 6, 2018

Columbia, Sc. – Adventurous Journeys (AJ) Capital Partners announced today that it has acquired The Inn at USC in Columbia, South Carolina. In spring 2019, the hotel will undergo a comprehensive renovation to become part of the Graduate Hotels® collection. The hotel will remain open during renovations and will be completed in fall 2019. The 116-room hotel is in downtown Columbia and walking distance to University of South Carolina's campus. Ideally located on Pendleton Street in Columbia's historic University Hill neighborhood, the hotel is adjacent to the University of South Carolina's main campus, including the famed Horsesh...

AJ Capital Partners Acquires Atherton Hotel in State College, Pennsylvania, to Become a Graduate Hotel

AJ Capital Partners | October 25, 2018

State College, Pa. – Adventurous Journeys (AJ) Capital Partners announced today that it has acquired the Atherton Hotel in State College. The hotel will operate independently while renovations take place. Once complete in fall of 2019, the hotel will be converted to Graduate State College, part of the Graduate Hotels® collection. The 150-room hotel is conveniently located in downtown State College, just a few blocks from The Pennsylvania State University's campus. Prominently situated on Atherton Street, the hotel is a short walk from Old Main and the sprawling Penn State University Park campus, and just steps from College Ave...

AJ Capital Partners Appoints Two Key Executives to Graduate Hotels Acquisitions and Development Team

AJ Capital Partners | October 2, 2018

Chicago, Ill. – AJ Capital Partners ("AJ") today announced two key additions to its Graduate Hotels® acquisitions and development team. Phillip Allen joins as its Chief Development Officer for International Markets and Pedro Zevallos joins as Senior Vice President, Development for University Partnerships. Phillip Allen most recently served as the Chief Development Officer for 21c Museum Hotels where he was responsible for the growth of the brand and real estate platform and helped orchestrate the company's recent sale to Accor Hotels. Prior to his time at 21c, Phillip served as General Counsel for a division of Yum! Brands and...

UConn, Graduate Hotels® to Enter Deal for Purchase of Nathan Hale Inn

AJ Capital Partners | September 27, 2018

STORRS, Conn. – Adventurous Journeys Capital Partners (AJ Capital Partners), owner of the Graduate Hotels brand, and the University of Connecticut have reached an agreement in which the company will buy UConn's Nathan Hale Inn. The UConn Board of Trustees voted Wednesday to authorize university officials to sign agreements with AJ Capital Partners, in which the company will buy the 98-room hotel at UConn Storrs and lease for the land on which it is situated. The hotel will undergo a renovation to convert to Graduate Storrs, part of the Graduate Hotels collection, and open in late 2019. Created for travelers who seek memory-making ...

AJ Capital Partners Acquires Maryland’s Loews Annapolis Hotel for Conversion to Graduate Annapolis

AJ Capital Partners | August 2, 2018

Annapolis, Md. – Adventurous Journeys (AJ) Capital Partners announced today that it has acquired the Loews Annapolis Hotel in Annapolis, Maryland. The hotel will operate independently as Hotel Annapolis while renovations take place. Once complete in fall of 2019, the hotel will be converted to Graduate Annapolis, part of the Graduate Hotels® collection. The six-story, 215-room hotel is located in downtown Annapolis' Arts District and is less than a mile from the U.S. Naval Academy campus. Ideally situated on West Street at Lafayette Avenue in the heart of downtown Annapolis, the hotel is surrounded by numerous museums, histori...

AJ Capital Partners Acquires President Hotel Apartments to Be Converted to Graduate Palo Alto

AJ Capital Partners | June 13, 2018

Palo Alto, Ca. – AJ Capital Partners announced today that it has acquired the President Hotel Apartments, formerly Hotel President, in Palo Alto, California. The six-story building is located on University Avenue, in the heart of downtown Palo Alto. Completed in 1929, the iconic Hotel President was named to honor then-President Herbert Hoover, who was one of the first students to enroll at Stanford University. Currently a mix of retail and apartments, the building will undergo an historic renovation to convert to Graduate Palo Alto, part of the Graduate Hotels® collection, and open in 2020. Following the renovation, the hotel ...

AJ Capital Partners Acquires Hilton Eugene With Renovation and Conversion to Graduate Eugene Planned

AJ Capital Partners | June 12, 2018

Eugene, Or. – AJ Capital Partners announced today that it has acquired the Hilton Eugene in Eugene, Oregon. The hotel will continue to operate as Hilton Eugene until year end, after which, it will begin a comprehensive renovation to convert to Graduate Eugene, part of the Graduate Hotels® collection. The hotel will remain open during renovations and will be completed in summer 2019. The 12-story, 275-room hotel is in downtown Eugene and walking distance to University of Oregon's campus. AJ Capital selected Starwood Property Trust, Inc. to provide financing for the project. Ideally located on 6th Avenue in the heart of downtown...

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