About Us

Capstone Communities is an innovative real estate development company specializing in development, construction and management of high-quality student housing, multifamily and mixed-use town centers across the country.
About Capstone Communities
Capstone Communities

Our Mission

Our mission is to be an innovative company dedicated to serving people, building community and delivering exceptional experiences that stand the test of time.

Our History

Capstone Communities was formed in January 2012 as part of the restructuring of Capstone Development, the most active and experienced developer of student housing in the country for more than 21 years. Capstone Development’s portfolio included 118 communities and 58,000 beds in 31 states which reflected nearly $2.7 billion in project costs.

Today, Capstone Communities carries on Capstone Development’s legacy in the student housing industry with a specific focus on off-campus and new construction developments. Since transitioning to Capstone Communities over the last 10 years, Capstone’s portfolio features 58 communities developed with more than $1.8 billion project costs.

In 2017, Capstone expanded to the multifamily sector at the forefront of the build-for-rent movement with the introduction of its cottage-style development program. Capstone’s growing project footprint stretches across the Southeast with build-for-rent and mixed-use town center communities under construction in Alabama, Georgia, Florida, South Carolina and North Carolina

Our Services

Capstone Communities is made up of three distinct divisions, each solely focused on one area: Development, Construction, & Management. Together these three divisions allow us as a company to take all of our developments from start to finish including site identification and acquisition, pre-development due diligence, financing and construction through project delivery, lease up and disposition. We creatively lead the big picture of structuring the deal while also using our extensive experience to execute the detailed nuts and bolts needed to make every deal successful.

Because we approach every development opportunity as new and unique, we maintain flexibility and innovation throughout the predevelopment and construction phases which allows us to deliver the best possible product in each and every market. In Capstone’s long history, we have worked with many partners including college and universities, city governments, and public-private/non-profit organizations to successfully meet the goals and objectives of each stakeholder often working through numerous and complex development challenges. Capstone Communities will continue this tradition of innovation, flexibility and collaboration.

Virginia

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnits/BedsYear(s) Delivered
*The Flats on UniversityFairfax, VABeds: 8252022

Michigan

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnits/BedsYear(s) Delivered
Hannah Lofts & TownhomesEast Lansing, MIBeds: 7022014
The Lodges of East LansingEast Lansing, MIBeds: 1,0492011, 2013
Capstone CommonsEast Lansing, MIBeds: 6541999

Alabama

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnits/BedsYear(s) Delivered
*The Cottages at GreystoneBirmingham, ALUnits: 189Under Construction
*The Villas at Old MonroviaHuntsville, ALUnits: 276Under Construction
The Cottages at Old MonroviaHuntsville, ALUnits: 2722022
Hope CottagesBirmingham, ALBeds: 162018
The Lofts at City CenterTuscalooosa, ALBeds: 1,2252013-14
The Cottages of LakeshoreBirmingham, ALBeds: 102011
Capstone Quarters TuscaloosaTuscalooosa, ALBeds: 2592009
Creekside of AuburnAuburn, ALBeds: 1,1592007
University Commons, Phase I & IITuscalooosa, ALBeds: 6961993, 1998

Arizona

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnits/BedsYear(s) Delivered
Fremont StationFlagstaff, AZBeds: 8142017
The Cottages of TempeTempe, AZBeds: 7182015

Colorado

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnits/BedsYear(s) Delivered
The Cottages of Fort CollinsFort Collins, COBeds: 8892017-18
The Lodges of Colorado SpringsColorado Springs, COBeds: 6162014

Florida

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnits/BedsYear(s) Delivered
*The Cottages at Daytona BeachDaytona Beach, FLUnits: 283Under Construction
*The Cottages at TraditionPort St. Lucie, FLUnits: 286Under Construction
The Cottages at Cypress CayTampa, FLUnits: 198Under Construction
The Lofts at SeacrestSeacrest Beach, FLUnits: 1292017
*Cottage Grove at GainesvilleGainesville, FLBeds: 2852008
Gainesville WestGainesville, FLBeds: 1121998
University CommonsGainesville, FLBeds: 6001993
University Commons Tallahassee, FLBeds: 4801991

Illinois

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnits/BedsYear(s) Delivered
Capstone QuartersUrbana, ILBeds: 6082006
University CommonsUrbana, ILBeds: 7321998

Indiana

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnits/BedsYear(s) Delivered
University Commons Bloomington, INBeds: 7921996

Kansas

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnits/BedsYear(s) Delivered
Fieldhouse ManhattanManhattan, KSBeds: 522007
University CommonsManhattan, KSBeds: 6961996

Kentucky

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnits/BedsYear(s) Delivered
University CommonsLexington, KYBeds: 6721998

Lousiana

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnits/BedsYear(s) Delivered
Arlington Cottages & TownhomesBaton Rouge, LABeds: 7322016
The Cottages of Baton RougeBaton Rouge, LABeds: 1,2902010-11
Fieldhouse Baton RougeBaton Rouge, LABeds: 1022007
University CommonsBaton Rouge, LABeds: 5281995

Missouri

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnits/BedsYear(s) Delivered
The Cottages of ColumbiaColumbia, MOBeds: 5132008

Texas

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnits/BedsYear(s) Delivered
Legacy on RioAustin, TXBeds: 5452021
Inspire on 22ndAustin, TXBeds: 4392019
Capstone Cottages of LubbockLubbock, TXBeds: 9692017
The Junction Cottages & TownhomesCollege Station, TXBeds: 8012016
Northpoint Crossing, Phase I & IICollege Station, TXBeds: 1,8422014-15
Capstone Cottages of San MarcosSan Marcos, TXBeds: 8992014
The Cottages of College Station, Phase I & IICollege Station, TXBeds: 1,3542012-13
The Cottages of LubbockLubbock, TXBeds: 8472009
University CommonsAustin, TXBeds: 7921998
University Commons, Phase I & IICollege Station, TXBeds: 9601995, 1997

Mississippi

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnits/BedsYear(s) Delivered
The Cottages of HattiesburgHattiesburg, MSBeds: 4032008
University CommonsOxford, MSBeds: 5281994
University CommonsStarksville, MSBeds: 4801991

Montana

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnits/BedsYear(s) Delivered
The Arrow Townhomes & FlatsBozeman, MTBeds: 8872018-19

North Carolina

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnits/BedsYear(s) Delivered
*The Cottages at RiverlightsWilmington, NCUnits: 279Under Construction
Inspire at Royal ParkMatthews, NCUnits: 2042022
The Cottages of BooneBoone, NCBeds: 8942013
Valentine CommonsRaleigh, NCBeds: 9282012

New Hampshire

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnits/BedsYear(s) Delivered
The Cottages of DurhamDurham, NHBeds: 6192012

New Mexico

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnits/BedsYear(s) Delivered
The Cottages of The MexicoAlbuquerque, NMBeds: 7862014

Ohio

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnits/BedsYear(s) Delivered
University CommonsOxford, OHBeds: 4801994

Oklahoma

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnits/BedsYear(s) Delivered
The Cottages of NormanNorman, OKUnits: 6442009
University CommonsNorman, OKBeds: 7921995

Oregon

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnits/BedsYear(s) Delivered
13th & OliveEugene, ORUnits: 1,3082013-14
University CommonsEugene, ORBeds: 6961999

Pennsylvania

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnits/BedsYear(s) Delivered
University CommonsState College, PAUnits: 6961997

South Carolina

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnits/BedsYear(s) Delivered
*The Cottages at Myrtle BeachMyrtle Beach, SCUnits: 294Under Construction
The Villas at NextonSummerville, SCUnits: 282Under Construction
*The Cottages at InglesideNorth Charleston, SCUnits: 260Under Construction
The Retreat of ClemsonClemson, SCBeds: 2162007
University Commons, Phase I & IIColumbia, SCBeds: 6961994, 1999

Georgia

*DENOTES PROPERTIES CURRENTLY UNDER MANAGEMENT
Property NameLocationUnits/BedsYear(s) Delivered
Inspire - AtlantaAtlanta, GAUnits: 2632021
Premiere Lofts at TrilithFayetteville, GABeds: 7502021
The Lofts of KennesawKennesaw, GABeds: 8032012
University Commons, Phase I & IIAthens, GABeds: 7681992-93
The Cottages at Warner RobinsWarner Robins, GAUnits: 2512023
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