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$40m construction financing secured for hotel development at Auburn University
Transactions - NOVEMBER 15, 2022

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$40m construction financing secured for hotel development at Auburn University

by Released

Adventurous Journeys Capital Partners (AJ Capital) has plans to develop Graduate Auburn, a 177-key hotel in Auburn, Ala.

JLL’s Hotels & Hospitality Group worked on behalf of the sponsor to arrange $40 million in construction financing for the development.

Upon completion, the hotel will offer a mix of traditional guest rooms and suites; approximately 10,000 square feet of flexible meeting and event space; and two food and beverage outlets, including a rooftop lounge with an outdoor terrace featuring panoramic views of the Auburn campus. Graduate Auburn, designed by Hartshorne Plunkard Architects and AJ Capitals’ in-house interior design team, will reference the storied history of Auburn University and provide a unique aesthetic that will appeal to university visitors and locals alike. Graduate Auburn will join a collection of 35 other Graduate Hotels and will be the brand’s seventh location in the SEC conference.

Graduate Auburn will be located on Ma

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