Independence Lofts
Adaptive reuse of a century-old downtown Macon building into 20 residential lofts and a ground-floor restaurant. Historic tax credit financing. Anchored the early phase of downtown Macon's residential revival.
Macon, Georgia · Since 1992
Built across
Middle Georgia.
Full-service real estate developer. Land acquisition, entitlement, construction, leasing, and property management — from fuel canopies to historic loft conversions.
$132.5M across four asset classes in Middle and metro Georgia.
Adaptive reuse of a century-old downtown Macon building into 20 residential lofts and a ground-floor restaurant. Historic tax credit financing. Anchored the early phase of downtown Macon's residential revival.
Conversion of a 1920s Oldsmobile dealership into 35 residential lofts and three street-level retail bays. The largest of Kunj's historic tax credit projects. The original showroom floor and industrial windows were preserved throughout.
Conversion of a 1938 movie theater into 20 residential lofts. Historic tax credit project. The original marquee and lobby details were retained as design features in the common areas.
1960s office complex converted to 62 units of workforce housing.
152-acre subdivision. Phase 2 in planning.
Mixed-use EB-5 project: Shell fuel retail, Dollar General, and 287-unit self-storage facility.
Ground-up taproom and kitchen for Macon Beer Co. in downtown Macon.
Kunj controls every phase of a project — from the first site visit to long-term management. No handoffs to third-party developers or operators.
Site identification, market analysis, and land control. Kunj evaluates traffic counts, brand territory, zoning, and environmental history before committing to a parcel. 34 years of Georgia market relationships accelerate deal flow.
Zoning, variance, and permitting through Georgia's county and municipal systems. DOT access permits, environmental clearance, and utility coordination. Kunj manages this process in-house — no third-party entitlement consultants.
Pro forma underwriting, brand franchise negotiation, and capital stack assembly. Kunj has structured conventional bank debt, historic tax credit equity, and EB-5 capital — often in combination on a single project.
Ground-up construction and adaptive reuse. Kunj self-performs project management and works with established Georgia subcontractor relationships built over three decades. 92,000 sq ft of historic renovation delivered.
Tenant selection, lease negotiation, and occupancy for retail, restaurant, and residential programs. Kunj has placed national brands (Exxon, Chevron, Shell, BP, Subway, Dairy Queen) and local operators.
Long-term property management for multifamily and mixed-use assets. Baconsfield Apartments (62 units) and the historic loft portfolio remain under Kunj management. Operational continuity from acquisition through stabilization.
Three projects totaling $21M and 92,000 sq ft. Federal and Georgia state historic tax credits structured with equity partners. Independence Lofts, Kartsen & Denson, and Bibb Theater.
6369 Thomaston Rd — Shell, Dollar General, and 287-unit self-storage. EB-5 foreign investor capital structured alongside conventional construction financing.
Long-term relationships with Capital City Bank and Huntington Bank. Construction and permanent financing across fuel retail, multifamily, and commercial projects.
Describe a parcel — address, acreage, frontage, traffic count, zoning, nearby uses — and get back a structured development assessment: likely highest and best use, the closest match from Kunj's 38-project portfolio, development considerations, and what Kunj would need to evaluate it seriously.
Kunj uses AI in the business for site selection and traffic modeling, feasibility and pro forma iteration, entitlement and zoning research, and construction scheduling. Not as a marketing claim — as a working tool that shortens the time between a site visit and a term sheet.
Founded in 1992 by Ashok Patel. Thirty-four years of real estate development in Middle and metro Georgia — fuel retail, restaurants, multifamily housing, and historic adaptive reuse.
The company is headquartered in Lizella, Georgia, outside Macon. Every project in the portfolio is within a day's drive. Kunj doesn't develop in markets it doesn't know.
The record spans $132.5M across 38 projects: 23 fuel retail sites for Exxon, Chevron, Shell, BP, Texaco, Citgo, and others; 10 ground-up restaurants; five multifamily and residential projects including 137 loft and apartment units; and three historic tax credit conversions totaling 92,000 sq ft.
Kunj is actively acquiring land for fuel retail, multifamily, and mixed-use development across Georgia. Landowners, brokers, franchise operators, and capital partners are welcome to reach out directly.