Inn at USC acquired by Chicago-based hotel company.

• Position: Brief article

The Inn at USC has been acquired by Chicago-based Adventurous Journeys Capital Partners.

The 116-room hotel, formerly a Wyndham Garden hotel, will undergo a comprehensive renovation and become part of the new owners' Graduate Hotels group, a style tailored to towns with universities. The hotel, located at 1619 Pendleton St., will be the first of that kind in the Carolinas, according to a news release.

The hotel will remain open during renovations, the release said.

CRBE facilitated the transaction, with Arpit Shah of CBRE Hotels' Charlotte office and Martin Moore of the company's Columbia office representing the sellers.

"We are honored to have represented University Foundations and IMIC Hotels," Moore said in the release. "IMIC Hotels and the Foundations developed and managed an excellent property. We believe AJ...