Hotel Announcements
Rebranding 9 October 2019

The Homestead, Graduate Hotels® collection

AJ Capital Partners Acquires The Homestead In Evanston, Illinois

Rebranding – 91 Rooms

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Adventurous Journeys (AJ) Capital Partners announced today that it has acquired The Homestead in Evanston, Illinois. The eight-story, 91-key neighborhood hotel will run independently as The Homestead prior to and during renovations, which will begin in early 2020. Once completed in fall 2020, the hotel will debut as part of the Graduate Hotels® collection. 

Prominently positioned on Hinman Avenue, the hotel is located inthe heart of downtown Evanston, just two blocks from Northwestern University landmark Weber Arch. The area's best restaurants, bars and retail offerings are within easy walking distance, and nearby public transportation provides easy travel to and from Chicago. Located two blocks west of Lake Michigan, the hotel also offers unobstructed views of the water from its upper floors.

Created for travelers who seek memory-making journeys, Graduate Hotels is a thoughtfully crafted collection of hotels that residein the most dynamic university-anchored cities across the country. Each property celebrates and commemorates the optimistic energy of its community while offering an extended retreat to places that often play host to the best days of our lives. There are currently 20Graduate Hotels open and operating across the U.S. and an additional 13properties under development and slated to open by the end of 2020.

For more information on The Homestead, please visit For more information on Graduate Hotels, please visit

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Graduate Hotels

Graduate Hotels is a hand-crafted collection of hotels that reside in dynamic university-anchored towns across the country. Each hotel pays homage to the heritage of its unique town through cultural nods to the local community.
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AJ Capital Partners

AJ Capital Partners, based in Chicago, is an accomplished team of hospitality and real estate investors whose innate passion is to create a one-of-a kind portfolio of timeless assets. The counter-culture investors acquire, design and develop transformative real estate throughout the United States.
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