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AJ Capital founder pivots, prepares for rebound

On March 10, HOTELS sat down in Chicago with AJ Capital Partners Founder Ben Weprin, who spoke with a strong will and determination about ongoing development for his Graduate hotels near or on college campuses, which had 22 hotels open and 13 in development. In total, the owner-operator has more than US$3 billion in assets. Two weeks later, a lot had changed. In a follow-up interview, while the coronavirus was mauling the United States and closing college campuses, a shaken Weprin searched for words to describe his plans after deciding to close all the Graduate hotels until campuses reopened and…
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