Case Studies
Address: 9520 GA-5, Douglasville, GA 30135
Description: Repositioning and renovation of 127,915 square foot former K-Mart anchored center into a power center anchored by Bealls, Burlington, Home Goods and Tile and Stone Express. Sold in 2021.
Equity Investment: $7,700.000
Investor Returns: 1.6x multiple and 14% IRR in 4.5 years.
Address: 6105 Peachtree Dunwoody Rd, Sandy Springs GA
Description: Repositioning of 274,284 Square Foot Medical Office Park.
Equity Investment: $24,000,000
Investor Returns: Long-term capital appreciation.
Address: 2500 S. Main Street / 2505 S. Main Street, Kennesaw GA and 5659 Southfield Drive, Flowery Branch GA
Description: Three industrial properties totaling 116,00 square feet. Both Main Street properties are located 1/2 mile south of Downtown Kennesaw, while the Flowery Branch property is 1/3 mile west of I-985.
Equity Investment: $3,215,000
Investor Returns: Refinanced to repay all equity and annual distributions with long-term capital appreciation.
Address: 90 Oak Street, Roswell, GA
Description: Development of a 135,000 SF self storage facility containing approximately 835 storage units. Sold in 2021
Equity Investment: $4,440,000
Investor Returns: 2.0X multiple and 27% IRR in 3 years.
90 Oak Street, Roswell, GA
Address: 75 & 95 Martin Luther King Jr. Drive
Description: Two urban parking garages in Downtown Atlanta adjacent to Martin Luther King Jr. Drive, conveniently located across the street from numerous Fulton County government office buildings.
Equity Investment: $20,000,000
Investor Returns: Long-term capital appreciation.
Address: 5070 Peachtree Boulevard, Chamblee GA
Description: Development of 55,00 square feet High Street retail, medical office and office below 300 Class-A apartments.
Equity Investment: $7,000,000
Investor Returns: 20% annual distributions with long-term capital appreciation.
Address: 695 North Avenue, Atlanta GA
Description: Renovation of 110 year old mill. Renovated to 30,000 square feet of creative office space. Purchased as unrenovated building. Recapitalized in 2022.
Equity Investment: $4,450,000
Investor Returns: 3.3X and 20% IRR in 6.5 years.
Address: 2140 Peachtree Rd, Atlanta GA
Description: Re-capitalization of 46,625 square foot shopping center. Sold in 2021.
Equity Investment: $4,200,000
Investor Returns: 3.7X multiple and 26% IRR in 7 years.
Address: 550 Riverstone Pkwy, Canton GA
Description: Conversion of low-income housing to 315 market-rate loft apartments. Sold in 2017.
Equity Investment: $8,150,000
Investor Returns: 2.2X multiple and 30% IRR in 2.5 years.
Address: 3575 Durden Dr, Brookhaven GA
Description: Development and construction of 26,179 square foot retail. Graded land at purchase. 100% leased at sale. Sold in 2017.
Equity Investment: $2,000,000
Investor Returns: 2.6X multiple and 30% IRR in 3.9 years.
Address: 800 – 867 and 1820 Peachtree St, Atlanta GA
Description: Re-tenanting of 7-property portfolio containing 107,708 square foot High Street retail and improvement/monetization of 787 parking spaces.
Equity Investment: $20,500,000
Investor Returns: 8.0% annual distributions with long-term capital appreciation.
Address: 299 N. Highland Ave, Atlanta GA
Description: Re-tenanting of 39,000 square foot High Street retail, 200 luxury apartments and 310 public parking spaces. Purchased while under construction. Sold in 2020.
Equity Investment: $31,000,000
Investor Returns: 1.9x and 18% IRR in 4.5 years.
Address: 557 Riverstone Pkwy, Canton GA
Description: Repositioning and renovation of 49,950 square foot shopping center. 33% leased at purchase. 88% leased at sale. Sold in 2016.
Equity Investment: $1,850,000
Investor Returns: 1.8X multiple and 17% IRR in 3.5 years.
Address: 920 – 933 Garrett St, Atlanta GA
Description: Re-positioning and re-tenanting of 48,632 square feet of retail. 75% leased at purchase. 95% leased at sale. Sold in 2017.
Equity Investment: $4,150,000
Investor Returns: 2.3X multiple and 33% IRR in 3 years.
