October 29, 2024

Capstone Brokers $4.55M Sale of Newly Built 20-Unit BTR Townhome Community in Burlington, NC

BURLINGTON, NC—Capstone Companies is pleased to announce the successful closing of Catherine Place Townhomes, a newly built, 20-unit, Build-to-Rent (BTR) townhome community located at 3704 South Mebane Street in Burlington, North Carolina. The asset sold for $4,550,000 and marks a significant addition to the Build-to-Rent (BTR) product type that is growing within the submarket. The transaction was led...

Capstone Brokers $14.5M Sale of 415-Unit Value-Add Portfolio Across NC, SC, VA

NC, SC, VA—Capstone Companies is pleased to announce the successful closing of the Southeast LIHTC Affordable Portfolio, a 415-unit value-add multifamily portfolio comprised of 13 properties, located across North Carolina, South Carolina, and Virginia. The sale occurred in multiple transactions with the final transaction completed on October 8th, 2024. The Southeast LIHTC Affordable Portfolio sale...

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