The City Federal Building represents one of IDC leadership's earliest landmark real estate successes—and a defining chapter in our realty track record. In 1993, James Ogle's company successfully acquired the historic 28-story City Federal Bank Building from the Resolution Trust Corporation (RTC) during a period when distressed institutional assets required vision, discipline, and precise execution. At the time, the building stood as a prominent but underutilized icon in Atlanta's skyline—rich in architectural character and redevelopment potential. The acquisition reflected a core IDC philosophy that continues today: identifying overlooked or transitional assets, understanding their intrinsic value, and positioning them for their next highest and best use. Through strategic stewardship and market timing, the City Federal Building was ultimately sold in 1999 to an Atlanta-based condominium developer, contributing to the city's evolving downtown residential renaissance. This early success underscores IDC's long-standing capability in complex acquisitions, adaptive-reuse positioning, and value-driven exits—experience that continues to inform our advisory and development work across commercial, mixed-use, and redevelopment opportunities today.

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