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Atlanta, GA

The Indie is located in the Old Fourth Ward neighborhood of Atlanta. The Atlanta Beltline is located ½ a block to the West and downtown Atlanta is located just one mile to the East. The Indie consists of a 13-story, 132,711 gross square foot, 91-unit residential tower with 15,895 sf of ground floor retail space. It includes a 4-Level parking deck. The cast-in place concrete building features a southern façade facing Edgewood Avenue with a brick exterior for four floors. The building’s other facades feature punched windows with grey color EFIS. The building has numerous amenities including a pool and deck with clubhouse on the 6th floor, fitness center, dog wash and bike storage. Construction began March 2021 and was completed in May 2023.

Sponsor Partner:  Capital City Real Estate

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Atlanta, GA

The Roycraft is located in the Virginia Highlands neighborhood of Atlanta adjacent to the Atlanta Beltline. It is located just a half mile from Ponce City Market to the south and Piedmont Park to the north.

The project consists of a 5-story wood-frame sitting atop 2 levels of parking. The project consists of 42 condominium units over 81,585 square feet. The building will have numerous amenities including a clubroom with catering kitchen overlooking the Beltline, a gym, private storage for residents, and rooftop terraces for penthouse units. Construction began with the initiation of demolition in late July 2021, and it is projected to be complete by June 2023.

Sponsor Partner:  Capital City Real Estate

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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 approximately 60% of total units are leased with 90% occupancy expected in the coming months. Close-out is projected for 1st QTR 2024.

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

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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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Charleston, SC

City House Charleston is a 4-story, ~51,650 sqft residential facility comprised of 21 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. 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

Magnoliahaus is a multifamily development within Frederick’s Tuscarora Creek community. The site consists of 189 rental apartments spread across six buildings (3 and 4 story), with a separate 5,000 SF building containing the community clubhouse and leasing office. In addition to 240 surface parking spaces, there will be 44 covered spaces and an enclosed walk-up trash area.

The site is less than a ten-minute drive from the City of Frederick’s major employers (Fort Detrick, Riverside Commerce Park, etc.) and within commuting distance to Washington, Baltimore, and Northern Virginia. Residents shopping needs can be met at Clemson Corner (Wegmans, Lowes, et al) or Amber Meadows Shopping Center (Weis Food Markets & Pharmacy), both of which are a 7-minute drive from the property. Downtown Frederick’s 250+ dining, retail, and entertainment establishments are 12 minutes from the property. Construction began in January 2022 and was completed in July 2023. First move-ins began in August 2023.

Sponsor Partner:  Capital City Real Estate

Company Website

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 was completed in late 2022 is fully leased to its intended occupant.  Additional on-site development projects are also underway.

The sponsor has decades of experience in real estate acquisition, entitlement, renovation & development of commercial, residential, multi-family and mixed-use properties.

Fairfax, VA and Charlotte, NC

Our 14th and 15th projects with Capital City Real Estate, Willowwood and Dorton are joint-venture projects that combine two distinct residential development projects in Fairfax, VA and Charlotte, NC.

The Botanist 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 Street Towns and The Mill are a two-part development of a ten-acre vacant property in the North Davidson district of Charlotte, NC into an amenitized 109-unit townhome complex and a 280 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

Charleston, SC

Our second investment in Charleston, SC, this project consists of a fantastic mixed-use residential apartment and commercial retail value-add opportunity in a beautiful historic neighborhood in Charleston, SC.  The project contains dozens of apartments and several commercial retails spaces that will be renovated and improved.  The project will have a 5-year timeline is projected to start cash flowing in 4^th QTR 2023.  Project completion is expected for 2nd Quarter 2028.