Kinella Capital Acquires One Camelback Luxury Residential Project in Uptown Phoenix

Date: December 8, 2025

Source: RENTV

Kinella Capital, a Phoenix area real estate investment and development firm led by TK Stratton, has acquired One Camelback—a 163-unit luxury residential project located at the highly visible intersection of Central Avenue and Camelback Road in Phoenix’s Uptown district.

One Camelback has long been considered one of the city’s most closely followed redevelopment efforts. The project had reached substantial completion before construction paused, and with this acquisition, Kinella Capital is now advancing it through the final stage of development.

About the Project

Upon completion, One Camelback will deliver 163 luxury residences averaging 980 square feet, along with 10,700 square feet of ground-floor retail and a five-level subterranean parking garage. Each home will feature floor-to-ceiling windows with sweeping views of the city and surrounding mountains, 10.5 to 11-foot ceilings, exposed concrete finishes, quartz waterfall-edge kitchen counters, stainless steel appliances, spa-quality bathrooms, walk-in closets with custom built-ins, smart-home technology, and in-unit washers and dryers.

Luxury Amenities

Planned amenities include a rooftop sky terrace with pool and private cabanas, a state-of-the-art fitness studio, resident clubhouse and lounge, co-working spaces, dog park, pet spa, urban garden, package lockers with cold storage, and ground-floor retail and dining. The property sits steps from the Camelback Light Rail Station, providing direct access to Uptown, Midtown, Downtown Phoenix, and Tempe, and is adjacent to Uptown Plaza, a premier retail destination offering dining, coffee, and lifestyle experiences.

Financing and Partners

A Cushman & Wakefield Equity, Debt & Structured Finance team of David Karson, Megan Schmitt, and Mitch Rothstein arranged the financing on behalf of Kinella Capital. Steven Nicoluzakis and David Fogler of Cushman & Wakefield’s Multifamily Investment Sales group represented Kinella in the acquisition. Post Road Group, a Stamford, Connecticut–based real estate investment firm, provided the capital solution supporting the transaction.

About Kinella Capital

Based in Phoenix and led by TK Stratton, Kinella Capital focuses on acquiring and completing complex development efforts—including stalled, lender-owned, and distressed assets. The firm has successfully stabilized and delivered numerous luxury multifamily projects across Arizona through its integrated development and construction platform.

Media Coverage

Read the full article on RENTV

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For press or investment inquiries related to One Camelback or Kinella Capital’s current development portfolio, please contact our team.