Castleberry Point Lofts

Through a local relationship, Capkey purchased the retail first floor of a multi-story, retail/condominium project, Castleberry Point Lofts, in the Castleberry Hill neighborhood of downtown Atlanta. Castleberry Hill is a federally recognized historic district adjacent to Mercedes Benz Stadium and The Gulch that was growing quickly before the recession.

CPL included residential, live work and retail units in a single, under-funded condominium association. With selling off units and completing construction of other units, Capkey successfully leased up the retail space, stabilized the project and sold its interest to the developer of The Gulch project.