Capstone Development Partners
Birmingham, AL 11–50 employees 18 principals
Last updated
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 founded in December 2011 as the successor to a 1990 predecessor firm, giving it 15 years of independent operations and 36 years of combined organizational history. The company maintains dual headquarters in Birmingham, Alabama, and Denver, Colorado, managing its national operations with a specialized 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—spanning predevelopment, design, specialized project financing, and long-term facilities management—collaborating directly with higher education institutions to construct modern living and learning spaces. The firm's institutional portfolio reflects partnerships with 16 colleges and universities across the United States. Since 2011, the company has delivered approximately 12,000 student housing beds across completed developments valued at $1,300,000,000. When incorporating the historical pipeline of its predecessor entity, the combined team's total output exceeds 71,300 residential beds carrying a cumulative development cost of $4,000,000,000.