AJ Capital executive named president of Graduate Hotels

Chicago developer AJ Capital Partners has picked one of its own to lead the expansion of Graduate Hotels, its chain of college-town hotels. …Franzen, who joined AJ Capital in 2013, is filling a role that had been vacant since Christian Strobel left as president more than a year ago. Franzen was previously a principal at Harp Group, an Oak Brook-based hotel developer. He also co-founded Portfolio Hotels & Resorts, a management company in Westmont. more

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