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 was formed in January 2012 as part of a restructuring of Capstone Development, a student housing developer with over 21 years of experience. Since 2012, the company has developed 48 communities at a cost of more than US$2.6 billion. Including its principals’ work prior to 2012, its track record spans over 100,000 beds across 37 states with total project costs approaching US$7.0 billion. Capstone focuses on the development, construction, and management of student housing, multifamily, and mixed-use town center real estate. They also operate an in-house construction division and manage both student and conventional housing. Over the past 11 years their development arm has completed 30 communities. Capstone has expanded its multifamily footprint through “cottage-style” build-for-rent projects, mixed-use town centers, and off-campus student housing. Its projects are located in many U.S. states (at least 31-37), including communities in Florida, Texas, Georgia, Alabama, Virginia, Michigan, Louisiana, North Carolina, Arizona and others.

Principals at Capstone Communities