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Geosam Capital and Group RMC Advance Midwest Expansion into Indiana

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ATLANTA, Nov. 13, 2025 /PRNewswire/ – GSR Development, a partnership between Geosam Capital and Group RMC, today announced plans to redevelop Hamilton Crossing, a 44-acre office park in Carmel, Indiana. The project marks GSR’s second major initiative in the Midwest, following its investment in Corporate Woods in Overland Park, Kansas, and reflects the partnership’s strategy to revitalize well-located office assets for the next generation of mixed-use, walkable communities.

Located just north of Indianapolis, Carmel is consistently ranked among the best places to live in the United States, known for its top-rated schools, vibrant arts and dining scene, and exceptional quality of life. Well-situated at Meridian Street (U.S. 31) and Main Street, Hamilton Crossing has over 590,000 square feet of office space and represents a significant opportunity to reposition a premium suburban corporate campus.

The planned transformation envisions a mixed-use destination incorporating new residential, experiential retail, Class A office, hotel, and trail-oriented amenities that reinforce Carmel’s long-standing leadership in walkable urban design. While specific development details are forthcoming, GSR anticipates unveiling a comprehensive master plan in 2026, following collaboration with the City of Carmel, Carmel Redevelopment Commission, community stakeholders, and consultants.

“Carmel has spent decades thoughtfully creating one of the most livable cities in America,” said Alex Massa, President of Group RMC. “We see Hamilton Crossing as an opportunity to build on that foundation, transforming an underutilized office campus into a vibrant, connected neighborhood that reflects where people want to live, work, and gather today.”

The announcement follows Mayor Sue Finkam’s State of the City address, which highlighted the importance of reinvigorating Carmel’s employment corridors and extending the city’s mixed-use success along the Meridian corridor.

“Redevelopment of Hamilton Crossing represents the kind of long-term, strategic reinvestment that has made Carmel a national model for thoughtful growth,” added David Shahinian, President of Geosam Capital. “Our goal is to unlock the full potential of this site and create a district that complements the City’s vision for walkable, connected neighborhoods.”

GSR’s approach reflects the combined capabilities of Geosam Capital and Group RMC, whose organizations oversee a substantial portfolio of real estate investments and development projects across the US and internationally. Their experience spans vertical construction, master-planned communities, adaptive reuse initiatives, and large-scale mixed-use destinations.

“This project is emblematic of the opportunities emerging nationwide as cities and property owners seek new life for legacy office assets,” Shahinian said. “We believe Hamilton Crossing can serve as a model for how strategic investment, long-term vision, and public-private collaboration can reimagine these environments.”

About GSR Development
GSR Development is a partnership between Geosam Capital and Group RMC focused on identifying, designing, and executing large-scale infill redevelopments of office parks across the Midwestern United States.

About Geosam Capital
Geosam Capital is a private, family-owned investment firm focused on long-term real estate development across the United States. With over 40 years of experience and over $1 billion in projects completed or underway, Geosam specializes in residential, commercial, mixed-use and adaptive reuse. Learn more at www.geosam.com.

About Group RMC
Group RMC is an investment manager focused on long-term real estate ownership, specialized credit strategies and other special opportunities. Founded in 2011, the company owns over $2.5 billion in real estate across 22 million square feet. Learn more at www.groupRMC.com.

About the City of Carmel, Indiana
Recognized for its distinct amenities, exceptional quality of life, robust business environment and award-winning schools, the City of Carmel was named the #2 Best Place to Live in the U.S. by U.S. News & World Report. Find out more at www.carmel.in.gov.

SOURCE Geosam Capital

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Geosam Capital Expands to Midwest with Partner Group RMC

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ATLANTA, Sept. 23, 2025 /PRNewswire/ 

Midwest Expansion

Geosam Capital, in partnership with Group RMC, have formed a new joint venture, GSR Development, to launch a strategic expansion into the Midwest. Building on a strong track record of large-scale developments across the South/Southeast – including Florida, Georgia, North Carolina and Texas – Geosam is now broadening its footprint into new markets. As part of this growth, the firm is actively seeking new talent and employees to join its team, with a focus on bringing in people who share its vision for transforming communities.

Investment in Overland Park, Kansas

As the first step in this expansion, the partners have launched GSR The Woods Kansas, which recently acquired land within the Corporate Woods campus. The project aims to reinvest in and reposition this iconic property for the future.

“Overland Park was an obvious first choice for our Midwest expansion,” said David Shahinian, President of Geosam Capital. “It is nationally recognized for its quality of life, excellent schools, and business-friendly environment. Corporate Woods is an iconic property, highly visible and historically significant, in need of new investment and a bold, forward-looking vision. We’re excited to lead that transformation – and we’re equally excited to grow our team with people who want to be part of this journey.”

Corporate Woods will be revitalized through diversified uses, placemaking, and modern infrastructure, positioning the campus for long-term success. GSR envisions a master plan that enhances the over two million square feet of existing office space while layering in residential, retail, dining, and recreational experiences to create a connected, walkable environment.

Planned Transformation Highlights:

  • New residential options that redefine The Woods as a place to live.
  • Retail, dining, recreation and entertainment destinations that activate the campus – including potential rooftop concepts.
  • Integration with the surrounding natural environment; working together with the city to enhance access to adjacent parks, walking trails, and biking networks.
  • Unmatched visibility and connectivity with immediate access to major highway systems.

“Corporate Woods has always been a cornerstone of Overland Park’s identity,” said Mr. Shahinian. “This redevelopment is about writing its next chapter, one that blends nature, innovation, and community into a destination that attracts top talent, inspires business, and enriches the lives of future generations.”

This vision directly supports the City of Overland Park’s priorities – smart growth, public safety, and modern infrastructure – while reinforcing College Boulevard as one of Kansas’ most vital economic corridors.

About GSR Development

GSR Development is a partnership between Geosam Capital and Group RMC focused on identifying, designing, and executing large-scale infill redevelopments of office parks across the Midwestern United States.

About Geosam Capital

Geosam Capital is a private, family-owned investment firm focused on long-term real estate development across the United States. With over 40 years of experience and $1B in projects completed or underway, Geosam specializes in residential, commercial, mixed-use and adaptive reuse. Learn more at www.geosam.com.

About Group RMC

Group RMC is an investment manager focused on long-term real estate ownership, specialized credit strategies and other special opportunities. Founded in 2011, the company owns over $2.5 billion in real estate across 22 million square feet. Learn more at www.groupRMC.com.

SOURCE Geosam Capital

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The Grove Secures Final Zoning Approval — One of Metro Atlanta’s Largest Master-Planned Communities Set to Break Ground in Henry County

ATLANTA, July 8, 2025 /PRNewswire/ – The Grove, a nearly 1,300-acre master-planned, mixed-use community, has received final Zoning and Development Agreement approval from the Henry County Board of Commissioners. This milestone clears the way for one of the largest developments in Metro Atlanta’s history—set to deliver 6,000+ residential units and 2 million square feet of commercial, retail, and public space over multiple phases.

Located just 22 miles from Hartsfield-Jackson Atlanta International Airport and minutes from EchoPark Speedway, The Grove is positioned to become a regional hub for housing, commerce, and community life. The first phase includes GDOT road improvements, water and wastewater upgrades, and the launch of initial residential construction.

Housing options will range from single-family and townhomes to multifamily and active adult, ensuring accessibility for residents at all stages of life. The community also features a commercial core designed to attract businesses and drive local job growth.

“The Grove will shape Henry County’s future for generations,” said Patrick Brooks, Vice President of Geosam Capital. “Our phased approach ensures thoughtful, sustainable growth that benefits both current and future residents.”

Community amenities will include 150 acres of greenspace, 35 pocket parks, 8 miles of trails, and a mix of public and private features that promote quality of life and connectivity.

 

About Geosam Capital

Geosam Capital is a private, family-owned investment firm focused on long-term real estate development across the United States. With over 40 years of experience and $1B in projects completed or underway, Geosam has developed over 10,000 residential lots and specializes in residential, commercial, mixed-use, build-to-rent, adaptive reuse, and property management. Learn more at www.geosam.com.

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Geosam acquires 350+ acres of raw land in Paulding County, GA

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Geosam would like to announce the acquisition of 350+ acres of raw land in Paulding County, GA.

This land is currently divided into two separate parcels, one within the City of Dallas and one in unincorporated Paulding County. The land within the City will make up the final three phases of the Arbors at Silver Trail neighborhood and has an existing entitlement of 280+ single family lots. The land in the County will require a rezoning and is being looked at potentially becoming three separate neighborhoods with multiple product types, including an age-targeted community. Estimated yield on this land is also 280+ single family lots.

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Geosam acquires +/- 200 acres of partially developed land in Dacula, GA

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Geosam would like to announce the acquisition of +/- 200 acres of partially developed and raw land in Dacula, GA.

The Geosam Atlanta team will look to rezone the property for 300 single family lots in a standalone development. The remaining land will be the final phase in the established Riversprings development off Ewing Chapel Rd. In all the land will bring 350+ single family lots to the Gwinnett County market which routinely ranks among the best-selling markets in the entire country.

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Brooks Rezoning

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Geosam is proud to announce the successful rezoning of 150+ Acres of raw land in Dacula, GA.

The rezoning changed the zoning classification from R100, to OSC, Open Space Conservation subdivision. This rezoning will give the property an entitlement of 300 single family lots. In addition to the entitlement, Geosam is able to plan the development to be a standalone development and not connect to the neighboring development, Riversprings as originally slated. Geosam also agreed to increased architectural standards and to fix an issue with an off-site sewer line to allow the community to be serviced by sewer.