Atlanta & Southeast News In Your Inbox

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Atlanta & Southeast  + Southeast  + Hospitality  | 
Adventurous Journeys Capital Partners has secured $40 million to build the Graduate Auburn hotel in Auburn, AL.

Adventurous Journeys Capital Partners Secures $40M for Graduate Hotel in Auburn

Adventurous Journeys Capital Partners has secured $40 million in construction financing for the development of Graduate Auburn, a 177-key hotel in Auburn, AL.

Graduate Auburn will join a collection of 35 other Graduate Hotels and will be the brand’s seventh location in the SEC conference.

Jeff Bucaro and Danny Kaufman of JLL worked on behalf of the sponsor in arranging the five-year, floating-rate loan with Southern States Bank.

Graduate Auburn will be located on Magnolia Avenue across from the 1,800-acre Auburn University Campus and steps away from College Street and the historic Toomer’s Drugs.

The hotel will offer a mix of traditional guestrooms 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.

Connect

Inside The Story

JLL

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Development