Thesis DrivenOperator Database

It's how Vendors sell into real estate.

Catalyst signals + product updates. No spam, unsubscribe anytime.

Product
  • Database
  • Signals
  • Directory
  • Investment Themes
  • Markets
  • Operator Types
Company
  • Overview
  • Pricing
Account
  • Sitemap (XML)
© 2023–2026 Thesis Driven. All rights reserved.
TermsPrivacy
Thesis DrivenOperator Database
DashboardSignalsOnboarding
  1. Database
  2. /
  3. Developers
  4. /
  5. Capstone Communities
Capstone Communities logo

Capstone Communities

Birmingham, AL 51–200 employees 18 principals

Visit website Email

Last updated 2d ago

About Capstone Communities

Capstone Communities is a real estate operator headquartered in Birmingham, AL. Capstone Communities operates in Albuquerque, New Mexico, Atlanta, Georgia and Austin, Texas. Its investment focus is on Multifamily - Ground-up, Single-Family Homes and Student Housing.

Capstone Communities is a real estate development, construction, and property management firm headquartered in Birmingham, Alabama. Formed in 2012 through the restructuring of Capstone Development, the company carries forward an industry track record encompassing over 100,000 beds and total project costs approaching $7.0 billion across 37 states. The enterprise operates a vertically integrated platform comprising development, in-house construction, and asset management divisions. Its product focus spans off-campus student housing, traditional multifamily communities, mixed-use town centers, and cottage-style build-for-rent single-family rental neighborhoods. Geographically, the organization maintains an operational footprint covering more than 30 U.S. states. Since 2012, its development arm has completed nearly 50 communities representing over $2.6 billion in total project investments, including key assets across Florida, Texas, Georgia, Alabama, Virginia, and North Carolina, such as Inspire Atlanta adjacent to Georgia Tech.

Principals at Capstone Communities

Principal details are a Pro feature

18 principals on file

Names, titles, verified emails, phone numbers, and LinkedIn for every decision-maker at this firm — unlocked with a Pro membership.

Recent activity at Capstone Communities

No recent signals captured for Capstone Communities yet. Set up a Signals alert to be notified when fund closes, leadership changes, or new developments surface in the trade press.

Capstone Communities's project portfolio

7 projects on file · Multifamily (6), Residential (general) (1)

Sign up to see Capstone Communities's 7 projects on a map

Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets Capstone Communities operates in

  • Albuquerque, New Mexico
  • Atlanta, Georgia
  • Austin, Texas
  • Baton Rouge, Louisiana
  • Birmingham, Alabama
  • Bloomington, Indiana
  • Bozeman, Montana
  • Charleston, South Carolina
  • Charlotte, North Carolina
  • College Station-Bryan, Texas
  • Colorado Springs, Colorado
  • Columbia, South Carolina
  • Deltona-Daytona Beach-Ormond Beach, Florida
  • Eugene-Springfield, Oregon
  • Fort Collins-Greeley, Colorado
  • Gainesville, Florida
  • Greenville-Anderson, South Carolina
  • Huntsville-Florence, Alabama
  • Lansing, Michigan
  • Lexington-Fayette, Kentucky
  • Lubbock, Texas
  • Macon-Bibb County, Georgia
  • Myrtle Beach, South Carolina
  • Oklahoma City, Oklahoma
  • Panama City–Lynn Haven, Florida
  • Phoenix, Arizona
  • Port St. Lucie, Florida
  • Raleigh-Durham, North Carolina (Research Triangle Park - RTP)
  • Tallahassee, Florida
  • Tampa - St. Petersburg, Florida
  • Tuscaloosa, Alabama
  • Washington DC
  • Wilmington, North Carolina

Investment themes at Capstone Communities

  • Multifamily - Ground-up
  • Single-Family Homes
  • Student Housing

Capabilities

  • Asset Management
  • Construction Management
  • Economic Development
  • Mixed Use
  • Public-private partnerships
  • Site Development
  • Sustainability
  • Urban infill

Operators similar to Capstone Communities

  • The Sports Facilities Companies
    Established tierOklahoma City, OklahomaCharleston, South Carolina+19 more markets
  • WMG Development
    Established tierWilmington, North CarolinaAtlanta, Georgia+15 more markets
  • RealtyLink, LLC
    Established tierWilmington, North CarolinaRaleigh-Durham, North Carolina (Research Triangle Park - RTP)+10 more marketsMultifamily - Ground-up
  • Buligo Capital
    Established tierWilmington, North CarolinaAtlanta, Georgia+9 more marketsStudent HousingMultifamily - Ground-up
  • Capstone Development Partners
    Established tierAtlanta, GeorgiaRaleigh-Durham, North Carolina (Research Triangle Park - RTP)+9 more marketsStudent Housing
  • Flournoy Development Group
    Established tierWilmington, North CarolinaAtlanta, Georgia+8 more marketsMultifamily - Ground-up
  • Sandpiper Hospitality
    Established tierAtlanta, GeorgiaRaleigh-Durham, North Carolina (Research Triangle Park - RTP)+9 more markets
  • SHOP Companies
    Established tierBozeman, MontanaLubbock, Texas+6 more marketsStudent HousingMultifamily - Ground-up+1 more theme
  • Asana Partners
    Established tierAtlanta, GeorgiaRaleigh-Durham, North Carolina (Research Triangle Park - RTP)+7 more marketsMultifamily - Ground-up
  • Barclay Group
    Established tierAtlanta, GeorgiaBozeman, Montana+6 more marketsMultifamily - Ground-up

Frequently asked questions about Capstone Communities

What does Capstone Communities do?
Capstone Communities is a real estate development, construction, and property management firm headquartered in Birmingham, Alabama.
Where is Capstone Communities based?
Capstone Communities is headquartered in Birmingham, AL.
What markets does Capstone Communities operate in?
Capstone Communities is active in Albuquerque, New Mexico, Atlanta, Georgia, Austin, Texas, Baton Rouge, Louisiana, Birmingham, Alabama, and Bloomington, Indiana.
How many employees does Capstone Communities have?
Capstone Communities has 51–200 employees.
Capstone Communities cover image

Capstone Communities at a glance

Tier
Established
Operator type
Developer, Owner, 3rd party Manager
Headcount
51–200
Units owned
10,000-25,000
Units managed
10,000-25,000
Property mgmt
Self-Managed
Markets
33
Principals
18

Contact Capstone Communities

2101 Highpoint Terrace, Suite 100, Birmingham, AL 35243, USA
www.capstone-communities.com