The Debt & Equity desk’s recent financing deal for AJ Capital Partners to acquire and renovate properties for Graduate Hotels in Seattle and Minneapolis continues to garner more press. Jordan Ray has a nice quote on the deal below.
Mission Capital’s team of Jordan Ray, Ari Hirt, Steven Buchwald and David Behmoaras represented AJ Capital in both transactions.
“The Graduate Hotels are generating a great deal of attention,” said Ray. “People like the concept of an amenitized hotel that has a fun local vibe and is situated on or near a campus.”
[Continue reading about this financing at Real Estate Weekly]