A Phoenix Landmark Stuck in Limbo Gets a Lifeline: Kinella Capital, LLC Takes Control of One Camelback

PHOENIX, Dec. 29, 2025 /PRNewswire/ -- Kinella Capital, LLC led by Founder and CEO TK Stratton, has acquired One Camelback, a high-profile office-to-residential conversion located at the intersection of Central Avenue and Camelback Road in Phoenix, Arizona. The acquisition marks a new phase for the development, which had remained largely dormant for nearly five years following delays and financial challenges.