What markets does Capstone Development operate in?

Capstone Development is active in Charlotte, North Carolina, Memphis, Tennessee, Miami - Ft. Lauderdale - West Palm Beach - South Florida, Richmond, Virginia, and Washington DC.

How many employees does Capstone Development have?

Capstone Development has 11–50 employees.

Capstone Development

11–50 employees 1 principals

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Last updated 1w ago

About Capstone Development

Capstone Development is a real estate operator. Capstone Development operates in Charlotte, North Carolina, Memphis, Tennessee and Miami - Ft. Lauderdale - West Palm Beach - South Florida. Its investment focus is on Hospitality, Multifamily - Ground-up and Multifamily - Value-Add.

Capstone Development is a Washington, D.C.-based real estate development and investment firm founded in 2009 by Norman K. Jenkins, giving it about 17 years of operating history. The company focuses on urban hospitality, residential, and mixed-use projects and has developed more than 2 million square feet of real estate. Its current and historical acquisition portfolio totals about 2.8 million square feet, while its future development pipeline exceeds 2 million square feet. Capstone develops new projects and acquires existing properties for renovation, repositioning, rebranding, and asset management. Its portfolio includes hotels, apartments, retail space, office components, and life-science facilities, often within large mixed-use developments. Current and pipeline projects are concentrated in markets including Washington, D.C., Bethesda and National Harbor, Maryland; Memphis, Tennessee; Miami Gardens, Florida; Charlotte, North Carolina; and Richmond, Virginia. The firm also has extensive experience structuring public-private partnerships and working with institutional and private investment partners across urban markets.

Principals at Capstone Development

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Recent activity at Capstone Development

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