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Investor With $1 Billion War Chest May Pump $200 Million Into College-Focused Hotel Brand

Cameron Sperance
The Graduate Hotel Berkeley

Photo Credit: Acore Capital reportedly plans to invest $200 million in Graduate Hotels, owners of properties like The Graduate Berkeley (pictured). Graduate Hotels

Skift Take

Acore's $200 million investment in Graduate Hotels would be a rare transaction in a hotel investment market where owners and potential buyers can't see eye-to-eye on valuations.

The firm behind a $1 billion hotel rescue capital strategy announced earlier this year appears ready to make an investment to the tune of $200 million. Acore Capital plans to make the preferred-equity investment in Graduate Hotels, a rapidly growing Chicago-based company with 32 boutique hotels in U.S. and UK college markets. The transaction would enable Graduate to both fuel growth and pay off debt. The preferred equity would also put Acore first on top of any existing equity investors for any upside in the business. The company’s real estat

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