CAPABILITY

We take pride in our experienced and long serving team, with an average tenure over 18 years. We believe in keeping core competencies in-house, while relying on select consultants to bring additional value and scale where needed. This allows us to be nimble and strategic with our development decisions and keeps our interests aligned with our Investment Partners. We focus our strategy on strong growth markets which brings positive long-term outcomes instead of trying to time the market.

Since our inception we believed in the proven growth patterns of Texas and Florida, and have local team members and proven consultants in these locations. Real estate is best understood locally from both a valuation standpoint and also understanding jurisdictional development processes.

Leadership

K.A. Christy

President

J.D., LL.M.

Ms. Christy officially joined Florida Capital in 2001 as Vice President – Corporate Development and Legal Counsel after previously serving as legal Counsel through her private law firm. Ultimately, as President, she has successfully guided Florida Capital through significant real estate cycles and has overseen development, refinancing, dispositions and overall corporate strategy focusing on minimizing portfolio risk while creating long term value.

For over 30 years, Ms. Christy’s business and legal background had centered on sophisticated financial and transactional matters, including commercial real estate transactions, real estate partnerships, and private securities offerings. For the period from 1980 to 1990, Ms. Christy practiced as an outside real estate and corporate securities attorney. After practicing with several law firms located in Oklahoma, Texas and Florida, Ms. Christy established her own firm in 1990, Katherine A. Christy, P.A. prior to joining Florida Capital in 2001. Ms. Christy received a Bachelor of Science Degree from Florida State University, a Juris Doctor Degree from Memphis State.

Stephen Selby

Chief Investment Officer

MBA, Florida Real Estate Broker

After spending a significant early part of his career with Florida Capital, Mr. Selby re-joined the firm in 2023 to lead the multifamily development platform while staying consistent with Florida Capital’s proven strategy. Mr. Selby draws from over 25 years’ experience in commercial real estate with previous executive roles in Development and Acquisitions with private equity firms Lloyd Jones Multifamily, Vero Sade as well as consulting for Investment Fund 18 Squared Capital Partners. During that time, he was responsible for the acquisition of over 2,500 multifamily units and 250,000 square feet of industrial space, as well as leading sourcing and design for multifamily developments in the state of Florida.

Mr. Selby is originally from Tennessee but spent the majority of his career in Central Florida, receiving an MBA (Finance) from Rollins, Crummer Graduate School of Business in Winter Park, and a Bachelors in Science from the University of Central Florida. He is a licensed Florida Real Estate Broker and an active volunteer at Grace Church Orlando, The Jobs Partnership of Central Florida and community advocacy group, Bike/Walk Central Florida.

Michelle Shelton

Chief Financial Officer

CPA

Michelle L. Shelton has served as the Chief Financial Officer for Florida Capital Real Estate Group, Inc. since 2005. Her responsibilities include oversight of all accounting and financial functions within the development, construction and operational phases as it pertains to Florida Capital’s portfolio. She also handles banking relationships, cash flow budgeting and forecasting, draw preparation, job cost and fund accounting, partner distributions, and leads the external audits and tax preparation for all partnerships.

Mrs. Shelton is a Certified Public Accountant with 30+ years of accounting and financial leadership in the real estate industry. Prior to joining Florida Capital, Mrs. Shelton served as Corporate Controller to Epoch Residential (fka Epoch Properties, Inc.). In this capacity, she directed the construction accounting and financial statement presentation in the development of over 50 properties, including luxury multi-family apartment communities, hotels and timeshares. Mrs. Shelton also served as Controller of Epoch Management, Inc, where she directed the property management accounting and financial statement presentation for over 9,000 multi-family units. Prior to joining Epoch, Mrs. Shelton served as a Staff Accountant at McGurn Investment Company, a commercial real estate developer and manager.

Mrs. Shelton is a graduate of the University of Florida, with a Bachelors of Science in Business Administration, with a major in Finance. She is a Certified Public Accountant licensed in the State of Florida. She is also a member of both the American Institute of Certified Public Accountants and Florida Institute of Certified Public Accountants.