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Newly Established Black-Owned CRE to Build Inaugural Project in South Fulton
Atlanta, GA-based, minority-owned Bolster Real Estate Partners has announced as its inaugural project The Kourtney at Yates Road, a 122-unit stacked townhome rental 55+ community. Groundbreaking for the project is slated for early August.
The $35-million mixed-use community in South Fulton is designed for empty nesters who want to lead an active and social lifestyle with street-level retail, resort-worthy experiences and weekly events programming.
Donald Washington, founding principal at Bolster, launched the project as a joint venture partnership with Lecrae Moore, a multiple Grammy award winner, New York Times bestselling author and now strategic partner at the real estate firm. The pair first met at a limited partner meeting for Collab Capital, a group built to invest financial, human and network capital to effectively support, grow and sustain Black-owned businesses.
Bolster was established in 2021. Its mission is to develop and capitalize transformative urban infill projects that empower local businesses and residents to participate in economic viability.
- ◦Development