capstone

Capstone Brokers 43.87-Acre Multifamily Site in Nashville, TN

 NASHVILLE, TN—Capstone Companies has brokered the sale of a multifamily land site in the desirable Bellevue submarket of Nashville, TN. The 43.87-acre site, named Bend at Bellevue Park, is located on Morton Mill Rd. The site sits adjacent to a 51-acre park and greenway and is bordered on the east by the Harpeth River. Bend at Bellevue Park is slated for ±300 multifamily units. The Capstone...

Capstone Brokers 15.41-Acre Multifamily Land Sale in Jacksonville, FL

JACKSONVILLE, FL—Capstone Companies has successfully brokered the sale of a multifamily land development opportunity in Jacksonville, FL. The 15.41-acre site is situated near the intersection of Normandy Boulevard and I-295 in the rapidly expanding West-Side Submarket. The buyer intends to construct a 308-unit market-rate apartment community with clubhouse, including fitness center, resort pool, dog spa...

Capstone’s Denver Brokerage Team Continues to Grow

DENVER, CO — Capstone is pleased to welcome Sam Bretz, a new Senior Advisor, to its Denver brokerage team. Sam joins Capstone with years of sales and broker experience and is a graduate of the University of Colorado Boulder, where he received his bachelor’s degree in economics. A lifelong Coloradan, Sam specializes in multi-housing brokerage in the Denver metro area. Prior to joining Capstone, he...

Capstone Brokers $26.1M Multifamily Sale in the Atlanta, GA MSA

CANTON, GA—Capstone Companies announces the $26,100,000 sale of Lancaster Ridge Apartments: a 145-unit, garden-style apartment community located in the Canton submarket of the greater Atlanta, GA MSA. The Capstone transaction team was led by Managing Director of Multifamily Investment Sales, Eric Liebich, and Capstone Partner, Ron Corrao. Through a fully marketed sales process, they represented the...

Capstone Brokers $18.9M Sale of Portfolio in Hampton Roads, VA MSA

CHESAPEAKE, VA — Capstone Companies has closed an $18.9M portfolio sale consisting of three properties—Crossroads Townhomes (1974), Bently Apartments (1986), and Elkhart Apartments (1985)—in the Chesapeake and Portsmouth submarkets of the Hampton Roads, VA MSA. The three properties total 202 units and are located within 2.5 miles of each other. Capstone’s transaction team of Ron Corrao, Eric...

Tacoma Tenant Bill of Rights Overview

On November 7th, 2023, Tacoma citizens voted on Initiative 2023-01, a Tenant Bill of Rights, and the bill was passed. All Tacoma voters should be aware of what this bill includes, as all multifamily property owners will be affected. The most important components to the Tenant Bill of Rights include: Notice of Rent Hikes and Tenant Relocation Assistance Landlords must provide notice of rent...

Capstone Brokers Sale of $13.5M 176-Unit Apartment Community in Greensboro, NC

GREENSBORO, NC — Capstone Companies has successfully facilitated the $13.5M off-market sale of Cottage Gardens, a 176-unit, 1960-constructed apartment community in the Eastside Park submarket of the Greensboro, NC MSA. The seller, a private firm based in North Carolina, kept the property exceptionally well maintained with very little exterior deferred maintenance. Capstone’s transaction team, led by...

2023 Greenville-Spartanburg Market Report

Capstone is pleased to present our 2023 market report covering Greenville and Spartanburg, South Carolina. This comprehensive report delves into the region's employment trends, economic development, multifamily data, and essential metrics shaping these markets. For more information, please contact a member of our Carolinas team: Ron Corrao Eric Liebich Josh Greenwald Scott Fuller Matt...

Idaho Market Spotlight | Colton Yasinski Shares Insight Into the Boise Multifamily Market

Capstone Investment Sales Advisor, Colton Yasinski, was featured in the latest issue of Western Real Estate Business Magazine, for their Idaho Market spotlight. Colton’s insightful article, titled “The Flourishing Idaho Multifamily Market Touts Growth, Shifting Dynamics, Resilience” delves into the dynamic landscape of Boise’s multifamily real estate market. Throughout the article, Colton’s...

Capstone Brokers $8.9M Apartment Community in Bowling Green, KY

BOWLING GREEN, KY — Capstone Companies has successfully brokered the $8.9M off-market sale of Red Rock Place Apartments: a 60-unit garden style multifamily apartment community constructed in 2017 and located in Bowling Green, Kentucky. Capstone Investment Sales Advisor, Jordan Arand, led the transaction team along with Capstone Partner, Adam Klenk, Senior Advisor, Austin Heithcock, and Investment...

Capstone Brokers 2.4-Acre Site Three Miles from Downtown Nashville

NASHVILLE, TN—Capstone Companies has brokered the sale of a multifamily land project in Nashville, TN. The 2.4-acre site is located at 2400 Clarksville Pike and has an existing building with a NNN lease in place and multiple sources of income. There are five years left on the lease. Capstone Investment Sales Advisor, Jordan Arand, facilitated the off-market sale, representing the seller, J Word...

Capstone Brokers $12.1M Sale of 3-Property Portfolio in Colorado

DENVER, CO MSA: Capstone has closed the sale of 4001-4065 Upham St, a portfolio of three adjacent multifamily properties in Wheat Ridge for the sale price of $12,100,000. Christian Burgdorf & Austin Smith of Capstone brokered the transaction. Local firm, Renegade Capital, purchased the properties from a local family that had owned the buildings since construction. The buildings were constructed in...

Compare listings

Compare