Capstone Communities

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 management firm headquartered at 431 Office Park Drive in Birmingham, Alabama. Formed in January 2012 as part of the restructuring of legacy student housing leader Capstone Development, the company carries forward a multi-decade industry track record encompassing over 100,000 beds and total project costs approaching $7.0 billion across 37 states. The firm operates through a vertically integrated platform comprising dedicated development, in-house construction, and asset management divisions. Its specialized product focus spans off-campus student housing, traditional multifamily communities, mixed-use town centers, and innovative "cottage-style" build-for-rent single-family rental neighborhoods. Since its 2012 restructuring, the company's development arm has completed nearly 50 communities representing over $2.6 billion in total project investments. Its expansive regional footprint covers more than 30 U.S. states with prominent properties located throughout Florida, Texas, Georgia, Alabama, Virginia, Michigan, Louisiana, North Carolina, and Arizona—including landmark urban developments such as Inspire Atlanta adjacent to the Georgia Tech campus and numerous suburban cottage rental communities.

Principals at Capstone Communities