Adventurous Journeys Capital Partners (AJ Capital), a vertically integrated real estate investment manager, has announced its first branded multifamily residential platform, Memoir Residential.
Memoir Residential is a collection of dynamic multifamily residential properties. The first community will open fall 2023 in Portland, Ore., followed by Nashville, Tenn.; New Orleans; Austin, Texas; and Miami.
“Memoir is AJ Capital’s first branded multifamily residential platform,” said Anil Bhagat, managing director of Memoir Residential. “We are taking the same approach we use for hotels, mixed-used communities and entertainment venues — leading with hospitality-minded principles and history. Our goal is to craft intentional spaces that people want to spend time in and also seamlessly blend into the existing fabric of a neighborhood.”
Residences will be available in studio, one-, two- and three-bedroom layouts. Leasing options will include fully furnished re