Keyword: AJ Capital Partners
AJ Capital Partners will open the 18-story, 224-room Graduate Roosevelt Island in spring of 2020.
Roxy, a Seattle startup that offers a customizable voice assistant and touchscreen smart speaker for the hotel industry, has raised $2.2 million in seed money.
The hotel has a full renovation planned, which will convert the property into a Graduate hotel by 2018.
AJ Capital Partners is partnering with Cornell University to build the Graduate Roosevelt Island, planning for a 196-room, ground-up development to open in 2019.
The owner of the property, AJ Capital Partners, plans a total renovation of the hotel, covering all guestrooms, meeting space and public areas.
The property is scheduled to to open in 2019 and will serve to extend the campus of Cornell Tech.
The Graduate Hotels brand, launched by AJ Capital Partners in 2014, is a hotel collection in university-anchored cities around the country.
The 224-room hotel is backed by AJ Capital Partners, The Berger Company, MarketStreet Enterprises, Geolo Capital and ERG Enterprises.
The 224-key luxury boutique hotel marks Thompson Hotels’ first property in the greater South and the first new-build lifestyle hotel in Nashville.
Tim Franzen, president of AJ Capital’s Graduate Hotels, discusses the brand’s development philosophy and opportunities in the Midwest.