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Washington DC NE

A seven-story, ground-up multi-family apartment (one/two-bedroom units), mixed-use property with ~4,300 sqft of retail space, 27 surface-level parking spaces, and 65 storage units. The 76 apartment units consist of floorplans ranging in size from 650 to 1,100 sqft.  Construction is complete and we received Certificate of Occupancy in March 2022. Approximately 40% of total units are leased with 90% occupancy expected in the coming months. Sale is projected for 2nd/3rd QTR 2023.

The project borders four well established neighborhoods in the NE quadrant of Washington DC (Eckington, Bloomingdale, Edgewood and Brentwood) and is better known as “Rhode Island Row.” Rhode Island Row embodies urban style and energy, convenience and convergence. A lively scene of restaurants, shops and services, topped with bright and spacious apartments right on the Red Line.

Sponsor Partner:  Capital City Real Estate (CCRE)

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Atlanta, GA

Our first project in Atlanta, situated in the Old Fourth Ward district of downtown, the Indie project consists of a 12-story, 132,000 sqft residential building with 91 units, 186 parking spaces, and 15,900 sqft of total commercial leasable space. Originally slated as a mixed-use for sale, we have shifted to a mixed-use for lease and sale. Construction is nearly complete and stabilization and sale is projected for 2nd QTR 2023.

 

Sponsor Partner:  Capital City Real Estate (CCRE)

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Atlanta, GA

Our second project in Atlanta, Drewry (Roycraft) is a project situated in the affluent neighborhood of Virginia Highlands directly on the Atlanta Beltline. The current development plan includes, a seven-story, 50,000 sqft building consisting of five stories of 42 one/two-bedroom condo units ranging from 540 to 1620+ sqft and 64 garage parking spaces. Amenities will include a club room with a chef’s kitchen and a two-level lounge with views overlooking mid-town Atlanta.  Project completion is scheduled for early 2023 with closeout projected for 2nd QTR 2023.

Sponsor Partner:  Capital City Real Estate (CCRE)

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Charleston, SC

City House Charleston is a 4-story, ~51,650 residential square foot, 21-unit luxury residential multifamily two- and three-bedroom condominiums for sale and ~9,070 square feet of commercial building for rent (retail, medical, gym, restaurant).  The project will also have 70+ total parking (20 onsite parking and over 50 covered shared parking, across the street from the site). Condominium units range from 1,525 – 4,228 square feet, including four penthouse units and showcase magnificent views of downtown Charleston. Condominium unit pricing will range from  ~$1,725,000 – $4,800,000. Landmark has already presold 13 units (62% of the total number of units).  Several units will have private terraces with all owners having access to an attractive amenities package which includes, a spacious 4th floor pool and lounge deck, a 900+ square foot club room, game space, private bar, and rooftop seating area to enjoy picturesque sunrise and sunset views.

Sponsor Partner:  Landmark Partners

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Frederick, MD

The Magnoliahaus project is a joint venture ground-up residential apartment development and new construction located in the Tuscarora Flats neighborhood of Frederick, Maryland.  The project will consist of six multi-family buildings including a stand-alone clubhouse; 189 one-, two-, and three-bedroom apartment units; 290 parking spaces and a variety of tenant amenities.  Construction is nearing completion and is projected for mid-2023.  Full stabilization and sale is currently projected for 1st QTR 2025.

Sponsor Partner:  Capital City Real Estate

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Richmond, VA

The capital city of Richmond has a strong sense of history and is one of America’s oldest major cities.  It’s modern touch includes historic sites, museums and friendly neighborhoods. With easy access to Washington, D.C. and a pleasant residential setting, Richmond is a growing city with solid business, financial, health-care and quality of life industries. Insulated by strong economics, a young and vibrant millennial working class and several regentrifying urban neighborhoods, Richmond is an ideal real estate market for investment. Richmond’s economy is primarily driven by law, finance, and government, with federal, state, and local governmental agencies, as well as notable legal and banking firms in the downtown area.

Sponsor Partner:  Capital City Real Estate

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Washington, DC SE

This project encompasses more than six acres of land in Washington DC to be divided into six parcels and developed into a 2.45+ million sqft mixed-use property. The first of several onsite properties began construction this year.  The sponsor has decades of experience in real estate acquisition, entitlement, renovation & development of commercial, residential, multi-family and mixed-use properties.

Washington DC

Together with our strategic partner, JIDI provided a unique investment opportunity for our accredited investors with capital gains in 2021 to invest in a ground-up residential and mixed-use property in Washington D.C.

Fairfax, VA and Charlotte, NC

In our 14th and 15th projects with Capital City Real Estate, (CCRE), Willowwood and Dorton are a combined joint-venture that combines two distinct residential development projects in Fairfax, VA and Charlotte, NC.

Willowwood is a seven-story, 292,000 square-foot apartment building consisting of 275 units, ancillary retail, and 600+ structured parking spaces in the City of Fairfax.  With 25,000+ residents, in a six million + DC region, the city of Fairfax is proximate to eleven Fortune 500 headquarters within its county, including Capital One, General Dynamics, Hilton Capital and Northrop Grumman.  Fairfax County is also home to offices of institutional companies such as IBM, Google, AT&T, and Deloitte. With a high median household income of $117K (US Census)and median property value of $589K it’s no wonder that Fairfax also sees some of higher average rental rates in the DC region. The City of Fairfax is also home to George Mason University, which hosts around 40,000 students each year, contributing to the demand for rental units in the area. Both Fairfax City and County will continue to see employer growth, evident by its established presence with renown companies, and experience a positive inflow of economic development for years to come.

Dorton is a two-part development of a ten-acre vacant property in the North Davidson district of Charlotte, NC into an amenitized 112-unit townhome complex and a 275 multifamily apartment complex. The townhome units come complete with 2-car garages and the residents will also have access to a private pool, dog parks, gym, and outdoor parks. The multifamily apartment complex will have garage parking, pool, fitness and business center. The development will appeal to renters who want to live in an inspiring urban community that provides countless dining options, lively bars and breweries, expansive assortment of retail, and a diverse selection of entertainment options.

Sponsor Partner:  Capital City Real Estate