Capstone Development Partners
Birmingham, AL 201–500 employees 18 principals
Last updated by Dawn
About Capstone Development Partners
Capstone Development Partners is a real estate operator headquartered in Birmingham, AL. Capstone Development Partners operates in Atlanta, Georgia, Baltimore, Maryland and Bentonville-Rogers-Fayetteville, Arkansas (Northwest Arkansas). Its investment focus is on Multifamily - Value-Add, Student Housing and Workforce Housing.
Capstone Development Partners is a private real estate development and asset management firm with offices in Birmingham, Alabama, and Denver, Colorado. Founded in December 2011 as the successor to a 1990 predecessor firm, the company possesses 15 years of independent operations and 36 years of combined organizational history. The specialized enterprise coordinates its national operations utilizing an internal team of 11 to 50 real estate, design, and facilities management professionals. The enterprise focuses its real estate strategy exclusively on on-campus and near-campus student housing, university facility developments, and public-private partnerships. Its vertically integrated business platform handles the complete asset lifecycle, including predevelopment, design, specialized project financing, and long-term facilities management. The firm collaborates directly with higher education institutions to construct modern, high-impact living and learning spaces that meet the specific academic and residential needs of university stakeholders. The company's specialized institutional portfolio represents partnerships with 16 colleges and universities across the United States. Since 2011, the firm has delivered approximately 12,000 student housing beds across completed developments valued at $1.3 billion. Incorporating the historical pipeline of its predecessor entity, the combined team has delivered more than 71,300 residential beds carrying a cumulative development cost of $4 billion.