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Real Estate Investment Firms / AJ CAPITAL MANAGEMENT LLC
SEC Form ADV profile

AJ CAPITAL MANAGEMENT LLC

Real estate private fund disclosures for an investment manager based in NASHVILLE, TN. Latest included filing submitted 2026-05-06.

$2.6 billionreported non-feeder gross assets
41reported real estate funds
41funds not marked fund-of-funds
100%report an annual audit

What the filing shows

AJ CAPITAL MANAGEMENT LLC reports 41 U.S.-organized real estate funds and 41 real estate funds across all reported jurisdictions. None are marked as fund-of-funds.

Positive minimum commitments reported across these funds range from Not consistently reported. That figure is what a fund reports routinely requiring from outside fund investors. It is not the manager's property investment check size.

Reported real estate funds

Sorted by gross asset value. Gross assets are reported by the manager and can overlap across master, feeder, parallel, and related fund structures.

FundOrganizedGross assetsInvestor minimumOwnersAnnual audit
GRADUATE HOTELS REAL ESTATE FUND III LP805-4894391512Delaware$990 millionNot reported515Yes
AJ NASHVILLE PHASE III OPPORTUNITY FUND LLC805-7656108060Delaware$232 millionNot reported186Yes
GRADUATE HOTELS REAL ESTATE FUND IV LP805-8431803631Delaware$171 millionNot reported36Yes
AJ LITTLE RIVER OPPORTUNITY FUND LLC805-6698878668Delaware$170 millionNot reported133Yes
AJ BELLE MEADE PLAZA FUND LLC805-7054271078Delaware$158 millionNot reported187Yes
F&S HOTEL FUND I, LP805-5436808480 ยท MasterDelaware$148 millionNot reported32Yes
AJ NASHVILLE PHASE II OPPORTUNITY FUND LLC805-1340244736Delaware$137 millionNot reported142Yes
AJ HARBOUR ISLAND INVESTORS LLC805-3065085338Delaware$103 millionNot reported2Yes
AJ NASHVILLE PHASE I OPPORTUNITY FUND LLC805-5125499526Delaware$78.3 millionNot reported142Yes
AJ ST. ANDREWS FUND LLC805-5808514595Delaware$60.8 millionNot reported100Yes
AJ RCD FUND LLC805-9030675217Delaware$49.4 millionNot reported98Yes
AJ MUSIC VENUE REAL ESTATE FUND LP805-1588881369Delaware$42.2 millionNot reported5Yes
AJ AUSTIN CO-INVEST LP805-3389650856Delaware$29.2 millionNot reported35Yes
AJ BERWICK FUND LLC805-7824413056Delaware$27.5 millionNot reported88Yes
AJ GREYWALLS FUND LLC805-1913518912Delaware$26.2 millionNot reported72Yes
AJ PORTRUSH FUND LLC805-5654976579Delaware$22.4 millionNot reported71Yes
AJ TROON FUND LLC805-2936123216Delaware$21.3 millionNot reported78Yes
AJ NEW ORLEANS FUND LLC805-1307356807Delaware$21.2 millionNot reported93Yes
AJ LITTLE RIVER OPPORTUNITY FUND (CIG) LLC805-7642766208Delaware$20.9 millionNot reported1Yes
AJ WCSC FUND LLC805-1739890945Delaware$18.2 millionNot reported20Yes
AJ BOULDER FUND LLC805-4550916682Delaware$17.1 millionNot reported11Yes
AJ DORNOCH FUND LLC805-9406512611Delaware$15.8 millionNot reported73Yes
AJ SOUTHERN PINES FUND LLC805-5516074197Delaware$15.1 millionNot reported34Yes
TROY LAUNDRY FUND LLC805-8572939015Delaware$11.6 millionNot reported78Yes
AJ NASHVILLE PHASE III OPPORTUNITY FUND (TCP) LLC805-7916080791Delaware$8.4 millionNot reported1Yes
AJ SFR FUND LP805-4555447276Delaware$7.2 millionNot reported4Yes
AJ HOTEL 1928 MEMBER LLC805-3617532754Delaware$5.9 millionNot reported37Yes
AJ TMI FUND LLC805-5560233744Delaware$5.7 millionNot reported2Yes
TROY LAUNDRY RESIDENTIAL FUND LLC805-5446205638Delaware$5.2 millionNot reported45Yes
AJ LITTLE RIVER OPPORTUNITY FUND (MIR) LLC805-1127705431Delaware$3.0 millionNot reported1Yes
AJ LITTLE RIVER OPPORTUNITY FUND (PF) LLC805-2336994685Delaware$2.1 millionNot reported1Yes
AJ NASHVILLE PHASE III OPPORTUNITY FUND (TIG) LLC805-2113462793Delaware$2.1 millionNot reported1Yes
AJ LITTLE RIVER OPPORTUNITY FUND (NAVIKR) LLC805-3403709283Delaware$2.1 millionNot reported1Yes
AJ NASHVILLE PHASE III OPPORTUNITY FUND (NAVIKR) LLC805-4267068744Delaware$2.1 millionNot reported1Yes
AJ LITTLE RIVER OPPORTUNITY FUND (MTC) LLC805-3689626453Delaware$1.6 millionNot reported1Yes
AJ NASHVILLE PHASE III OPPORTUNITY FUND (SUMAGI) LLC805-3659546812Delaware$1.2 millionNot reported1Yes
AJ LITTLE RIVER OPPORTUNITY FUND (TF) LLC805-6657206136Delaware$1.0 millionNot reported1Yes
AJ LITTLE RIVER OPPORTUNITY FUND (SUMAGI) LLC805-8014641993Delaware$1.0 millionNot reported1Yes
AJ NASHVILLE PHASE III OPPORTUNITY FUND (TF) LLC805-7256835116Delaware$1.0 millionNot reported1Yes
AJ LITTLE RIVER OPPORTUNITY FUND (PACE) LLC805-5333604891Delaware$807 thousandNot reported1Yes

1 additional reported funds are omitted from this table to keep the profile readable. The totals above include them.

Source and limits

Source: SEC Investment Adviser Public Disclosure, Form ADV. Firm status checked 2026-08-20. Fund detail through 2026-07-31. CRD 291880, SEC 801-112982.

Form ADV is a regulatory disclosure, not a live deal mandate. It does not report property type, target geography, current fundraising status, available capital, or whether a manager accepts unsolicited proposals. Contact the firm and review current offering documents before relying on any figure.

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Educational only. Not financial, legal, investment, or tax advice. Big Brain Funding is not an investment adviser, broker-dealer, placement agent, lender, or broker of record. This profile is not an endorsement, recommendation, securities offering, or statement that the firm is available for a transaction.