Dane Lozier

Capstone Brokers $14.35M Sale of Value-Add Portfolio in Greensboro, NC

GREENSBORO, NC — Capstone Companies is pleased to announce the off-market, $14.35M sale of the Greensboro Value-Add Portfolio comprised of three 1960s-vintage multifamily properties, totaling 232 units. Communities involved in the sale include: New Garden Apartments (76 units, 1969 YOC), Alexander Apartment Homes (40 units, 1961 YOC), and Lincoln Grove (116 units, 1961 YOC). The Capstone Carolinas...

Capstone Brokers Sale of 120-Unit Apartment Community in Lexington, NC

LEXINGTON, NC — Capstone Companies is pleased to announce the successful sale of Fairview Village, a 120-unit apartment community located in Lexington, North Carolina. Constructed in 1974 within the rapidly growing submarket of Davidson, the property has been very well-maintained by previous ownership, who invested significantly in targeted capital expenditures over the past few years. With an impressive...

2023 Multifamily South Carolina Expense Survey

Capstone is pleased to present the 2023 Multifamily South Carolina Expense Survey Report. We want to give a special thanks to all the property owners and managers who placed their trust and confidence in us to provide this report. The best investment decisions are made based on a thorough understanding of the facts; ultimately, the more facts you can verify, the more you reduce your risk. This report aims...

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...

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...

New Offering: ±47.59 Acres | 306 Approved Lots in Greater Charlotte MSA | Build For-Sale or BTR By-Right

Download Offering Materials: Brookfield at Crowders Mountain Development Site Capstone is pleased to present the Brookfield at Crowders Mountain Development Site, a ±47.59 acre, zoned and entitled site located in Gastonia, North Carolina that is approved for 306 residential units (106 detached | 200 attached). The recently approved re-zoning allows For-Sale and/or For-Rent (BTR) product by-right. The...

New Offering: Boutique New Construction Asset with Luxury Class A Finishes | 36 Units | Charlotte, NC

Download Offering Materials: The Exchange at Steele Creek Capstone is pleased to present The Exchange at Steele Creek. Construction is complete and the asset is working through final inspections with final C/O expected at the end of April / early May 2023. This garden-style apartment community with Class A finishes is comprised of 36 units consisting of one- and two-bedroom floorplans. Favorable...

New Offering: ±22.8-Acres | Zoned & Entitled for 70 Lots | BTR or For-Sale Product By-Right in Holly Ridge, NC

Download Offering Materials: Morris Landing at Surf City Development Site Capstone is pleased to present the Morris Landing at Surf City Development Site, a 22.8-acre, zoned and entitled multi-family site located in Holly Ridge, North Carolina. Morris Landing at Surf City is approved for 70 build-for-rent or build-for-sale units by-right. The project presents developers with the rare opportunity to acquire...

New Offering: ±5.17-Acre Zoned & Entitled Development Site with Approved Site Plan for 70 Townhomes

Download Offering Materials Capstone is pleased to present the Skycrest Townhomes Development Site, a ± 5.17-acre, zoned and entitled site located in Raleigh, North Carolina that is approved for 70 infill Build-To-Rent or For-Sale townhomes by-right. This development site in Raleigh's North Hills submarket presents developers with the rare opportunity to acquire a fully approved site in the second...

New Offering: ±30.93 Acres | By-Right Garden Development Site Multi-Family Zoning In-Place For Up To 360 Units

Download Offering Materials: Triad Village Development Site Capstone is pleased to introduce the Triad Village Development Site, a ±30.93-acre mixed-use development site opportunity located in Greensboro, North Carolina that is zoned and entitled for apartments and retail. The site is a prime development opportunity for developers seeking to capitalize on the thriving market of Greensboro. The project...

New Offering: Zoned, Entitled, & Permitted Shovel-Ready Site in Booming Charlotte, NC

Download Offering Materials: The Landings at Doby Creek Development Site Capstone is proud to present The Landings at Doby Creek Development Site, a 3.07-acre, zoned, entitled, and shovel-ready multi-family site ideally located in the burgeoning University City submarket of Charlotte, North Carolina. The development site presents developers with the rare opportunity to acquire a shovel-ready site that...

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