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AJ Capital Partners Acquires President Hotel Apartments to Be Converted to Graduate Palo Alto

AJ Capital Partners announced today that it has acquired the President Hotel Apartments, formerly Hotel President, in Palo Alto, California. The six-story building is located on University Avenue, in the heart of downtown Palo Alto. Completed in 1929, the iconic Hotel President was named to honor then-President Herbert Hoover, who was one of the first students to enroll at Stanford University. Currently a mix of retail and apartments, the building will undergo an historic renovation to convert to Graduate Palo Alto, part of the Graduate Hotels® collection, and open in 2020. Following the renovation, the hotel will offer 100 guestrooms, a lobby coffee shop, street level retail and the restoration of its original rooftop garden. AJ Capital selected LoanCore Capital to provide financing for the project.

Rebrand of The Epiphany Hotel in Palo Alto

Nobu Hospitality, the group founded by renowned Chef Nobu Matsuhisa, Academy Award winner Robert De Niro, and Hollywood producer Meir Teper, are pleased to announce the rebranding of The Epiphany Hotel to the Nobu Hotel Epiphany due to transition on October 2, 2017.The Epiphany Hotel, located in the heart of downtown Palo Alto, offers 83 guest rooms and suites, special event and meeting space and the recently opened, Nobu Palo Alto restaurant and bar.

David Farah has been appointed as Quattro Restaurant General Manager at Four Seasons Hotel Silicon Valley at East Palo Alto

Four Seasons Hotel Silicon Valley at East Palo Alto and Quattro Restaurant have plenty in store for 2015 with new restaurant General Manager David Farah at the helm. Growing up in Colorado, David is no stranger to great food, craft beers, and whiskies. From cooking alongside his mother to picking seasonal vegetables from his uncle’s farm, his experiences have ultimately led him to hospitality. With a degree in International Business from Pepperdine University, David has managed restaurants for Hillstone Restaurant Group, Vail Cascade Resort, and Eureka Restaurant. David’s dream has always been to work for Four Seasons, and he’s excited to be living in the Bay Area to enjoy all of the seasonal produce, local purveyors, and vibrant food scene in Silicon Valley.