Adventurous Journeys Capital Partners

Adventurous Journeys Capital Partners (AJ Capital), a vertically integrated real estate investment manager with a portfolio of businesses and brand platforms, has launched Memoir Residential. The collection of multifamily residential properties will combine hospitality and design expertise with flexible leasing options in storied neighborhoods. With the first location to open this fall in Portland, Oregon, communities are also set for Nashville, Tennessee; New Orleans; Austin, Texas; and Miami.

"Memoir is AJ Capital's first branded multifamily residential platform. We are taking the same approach we use for hotels, mixed-used communities, and entertainment venues—leading with hospitality-minded principles and history," says Anil Bhagat, managing director of Memoir Residential. "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."

Memoir Residential will offer studio to three-bedroom layouts and community-oriented amenities. Flexible leasing options will include fully furnished residences for shorter-term stays, starting at a 15-day minimum for business and leisure travel. Unfurnished residences will offer traditional, long-term lease options.

Memoir Residential's New Orleans lobby.
Adventurous Journeys Capital Partners Memoir Residential's New Orleans lobby.

To create meaningful living experiences for residents, AJ Capital’s in-house design team has curated bespoke living room concepts instead of a customary lobby. While reflecting the unique character of each surrounding neighborhood, the spaces will aim to encourage residents to interact and host.