AJ Capital Partners Acquires Sheraton Iowa City from Rockbridge

AJ Capital Partners | June 29, 2017

Iowa City, Ia. – June 29, 2017 – AJ Capital Partners announced today that it has acquired the Sheraton Iowa City in Iowa City, Iowa from leading investment firm, Rockbridge. The hotel will undergo a comprehensive renovation to convert to a Graduate hotel by summer 2018. The nine-story, 234-room hotel is located on South Dubuque Street on downtown Iowa City's Ped Mall near the University of Iowa. Located just a block from the University of Iowa campus, the hotel benefits from an indoor public walkway connecting the hotel with direct access to the city's Pedestrian Mall home to many restaurants, bars and retail shops. With ove...