The 184-room Hotel Lincoln was bought as a shuttered Days Inn and successfully renovated and repositioned, opening to the public in March 2012. Situated in the beautiful Lincoln Park neighborhood of Chicago, the Hotel offers a window into the most dynamic part of Chicago’s North Side and, like the neighborhood, the hotel is historic yet fresh, fun though eccentric, and active but relaxed—where the energy of urban life meets 1,200 green acres and Lake Michigan. Hotel Lincoln was sold in 2013, however, AJ maintained an equity interest and general partner position until the subsequent sale of the hotel in 2016. Hotel Lincoln’s successful redevelopment and repositioning provided the impetus for further investment in Chicago and ultimately inspired many of the core fundamentals found in the creation of Graduate Hotels.