2004-2006: Beginning and Learning
In 2004, our executives took the risk of starting their own company and purchased an existing property in Durham, NC. After renovations, MJM Group’s perseverance led to success. The exceptional team, service, and care allowed this hotel to compete with other nearby properties. MJM hedged their bets on various pieces of land which ultimately paid off for MJM and its investors.
2007-2008: Being Hands-On
During this period, MJM explored various sites from coast to coast. This valuable experience taught the team the essentials of commercial real estate, as well as the importance of partnering with established hotel brands.
2009-2013: Overcoming Hardships & Building Foundations
Despite trying times for the hospitality industry during the recession, MJM Group opened a second hotel, the award winning Courtyard by Marriott in Raleigh, NC. Simultaneously, the forward, visionary thinkers of MJM Group took land under contract, establishing their pipeline and creating a greater presence in Charlotte, NC.
2014 – Onward: Growing and Expanding
The success didn’t stop there. In 2014, MJM opened Gateway Terrace, a mixed-use site that consisted of multiple retail buildings on a very tight site, in Durham, NC. The complicated site zoning and site planning of Gateway Terrace paid off, as it was 100% leased out before opening. That same year, MJM opened a Jimmy John’s in order to add value to a site in Charlotte, NC. The company has since built the award-winning Charlotte Airport Residence Inn and Fairfield Inn & Suites and award-winning Northlake Residence Inn and Courtyard by Marriott in Charlotte, NC. MJM Group remains “conservatively aggressive,” as the company carefully chooses which markets to be in, which brands to work with, and which opportunities are best to take a chance on.
“I’m very thankful to all of our supporters over the years – my team, investors, partners, and Marriott – who took a risk that led to the success MJM Group is today.” — Anuj Mittal, Co-Founder