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AJ Capital Partners

From Wikipedia - Reading time: 3 min

Adventurous Journeys Capital Partners (AJ Capital Partners) is a private real estate company based in Nashville that owns and operates lodging accommodations.[1][2][3]

History

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AJ Capital Partners was founded by Ben Weprin,[4] the current CEO, in 2008.[2][3] Other projects have included restorations of existing hotels and development of new properties, several located in Chicago and Nashville, such as Chicago Athletic Association, Soho House Chicago, Thompson Chicago and Hotel Lincoln, as well as Thompson Nashville in Nashville.[5][6][7][2][8]

The company launched the Graduate Hotels chain in 2014, later selling it to Hilton Worldwide in 2024.[9][10]

In 2012, AJ Capital Partners collaborated with Soho House Group to develop a rubber belt factory in Chicago's West Loop into a Soho House, an urban, members only club and hotel.[1][2][11]

In 2021, AJ Capital Partners announced the Marine & Lawn Hotels & Resorts, a collection of luxury properties along the Scottish Golf Coast opening in summer 2021 along with the recent purchase of the Slieve Donard in Newcastle County Down, Northern Ireland. Neighbours of the world famous Royal County Down Golf Course.

In 2023, AJ Capital Partners announced Memoir Residential, a novel approach to contemporary urban living, and Field & Stream Lodge Co., a joint venture with Starwood Capital Group.

In 2024, AJ Capital sold Graduate Hotels to Hilton Worldwide, retaining ownership of all real estate for the existing 37 hotels. The company additionally continues to operate all hotels.

References

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  1. ^ a b Grossman, Evan (June 8, 2015). "How AJ Capital is Developing a Unique Value Proposition". Lodging.
  2. ^ a b c d Brown, Adam (January 4, 2016). "The revivalist: A young hotelier with an eye for an aged luxury gem". Forbes.
  3. ^ a b Gallun, Alby (October 24, 2015). "Ben Weprin is behind some of Chicago's most stylish hotels. Here's his latest obsession". Chicago Business.
  4. ^ "New Icons". Hospitality Design Magazine. November 2016.
  5. ^ Gallun, Alby (July 28, 2015). "In hot hotel market will Thompson Chicago sell for record price?". Chicago Business.
  6. ^ Betts, Kate (April 14, 2016). "Hotelier Ben Weprin on the Best Rooms and Old Jeeps". The Wall Street Journal.
  7. ^ Rudnansky, Ryan (May 29, 2015). "Chicago Athletic Association reopens as luxury boutique hotel". TravelPulse.
  8. ^ "Luxury St Andrews hotel Rusacks sold to American firm". www.scotsman.com. Retrieved 2019-11-19.
  9. ^ Hochman, David (2018-02-16). "A college town hotel chain that is the anti-Airbnb". CNBC. Retrieved 2018-03-23.
  10. ^ Karmin, Craig (March 14, 2024). "Hilton Bets on College Towns With $210 Million Deal".
  11. ^ Ori, Ryan (July 26, 2013). "Soho House Hotel developers plan office conversion nearby". Chicago Business.
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Licensed under CC BY-SA 3.0 | Source: https://en.wikipedia.org/wiki/AJ_Capital_Partners
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