Capstone was launched with a vision in a time of difficulty. Established in 2008 during the beginning of the Great Recession, we recognized that the demise of the for-sale residential market was going to expand the growth and demand in the residential rental market. Identifying this ensuing surge in this sector, Capstone created a multi-faceted platform to promote and support the multi-family investment market with an ever-growing range of services and geographic coverage.
Our numerous clients range across the private, public, institutional, and non-profit sectors, multiple markets, and various types of rental housing product. Equally diverse, our firm leadership has a widely seasoned background in multi-family investment brokerage, ownership, accounting, management, investment, finance, and construction project management, which enables us to utilize various perspectives to fully formulate the most comprehensive strategy for each investment scenario.
Today, Capstone’s superior results are directly tied to our firm professionals’ level of industry understanding, product focus, process efficiency, and daily work ethic. It is these attributes that were forged in our beginning and carried through to this day which are the critical keys to success in undertaking any project and delivering on every client need.
Capstone Land Sales is proud to present the Skyway Marina District Land Site: a fully-entitled multi-family development opportunity within a mixed-use project. Additionally, this offering allows a developer to take advantage of $1 million in incentives from the city of St. Petersburg for initiating the first mixed-use development site in the Skyway Marina District.
The Nebraska portfolio consists of two properties: Broken Bow Estates and Sunrise Village. The parks are well-positioned within their respective markets, and demonstrate attractive investment opportunities through proximity to the major economic demand drivers and travel arteries in the region.
Capstone Apartment Partners is pleased to present Southern Pines: a well performing 352-unit, 1973-built garden apartment community conveniently located in Spartanburg, SC. Situated along the commerce-rich I-85 corridor, Spartanburg is the east anchor of the prolific Upstate region, globally recognized for its massive BMW plant (8,800 employed/$7.8B invested to date) and burgeoning high-tech economy.
CARY, NC—Venterra Realty has purchased Chatham Pointe: an asset offering 255 units and 9,340 square feet of retail space. This mixed-use multi-family community was built in 2011 and 2015. The apartments are exceptionally located near retail, recreational outlets, and major employment nodes, including the Research Triangle Park. Phillips Development & Realty sold the property for $35,900,000, or $140,784 per unit.