Eric Liebich

Capstone Brokers $4.12M Sale of Affordable Housing Development Site in Charlotte, NC

CHARLOTTE, NC—Capstone Land Sales has facilitated the $4.12 million sale of a 12.71-acre affordable housing development site just west of Uptown Charlotte’s urban core. Tucked between the rapidly growing Freedom Drive corridor and Ashley Park, the site is situated at the intersection of Alleghany St and Ashely Rd, where the site benefits from being located in both a Qualified Opportunity Zone (QOZ) and...

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 $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...

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: ±12.94 Acres | ±206 Units | Garden Multi-Family Development Site in Greater Charlotte MSA

Download Offering Materials: Jessamine at Mooresville  Capstone Land Sales is pleased to present the Jessamine at Mooresville Development Site, a ±12.94-acre development site in a booming submarket of Mooresville, North Carolina and the greater Charlotte MSA. Jessamine at Mooresville is located in close proximity to all major employers, retail, and demand drivers in the area. Situated directly...

Capstone Closes 80-Unit Senior Living Apartment Community in Hobart, IN

HOBART, IN — Capstone Companies has facilitated the successful sale of the Kirby Manor Apartments: an 80-unit senior living (+55) apartment community located in Hobart, Indiana. The Capstone transaction team was led by Director of Multi-Family Investment Sales, Eric Liebich, and Investment Sales Advisor, Kevin Burns, who represented the seller through a fully marketed sales process. The Capstone team...

Capstone Closes $9 Million Sale of ±13.61-Acre Development Site in Greensboro, NC

Greensboro, NC—Capstone Companies has brokered the $9,000,000 sale of a ±13.61-acre development site in Greensboro, NC. The site is located at 829 Guilford College at the intersection of Guilford College Rd and Sapp Rd, directly adjacent to the Target-anchored Wendover Place Mall. The buyer is Raleigh, NC-based HHHunt, who will break ground later this year on a 360-unit, garden-style apartment...

Capstone Closes ±5.04-Acre Townhome Development Site in Greenville, SC

Greenville, SC —Capstone Companies facilitated the sale of a ±5.04-acre development site in Greenville, South Carolina. The site consists of six parcels and is located at 130 Prospect Street just south of W Faris Rd, between I-185 and Hwy-81, and is adjacent to Prisma Health Greenville Memorial Hospital. The buyer, Lincoln Avenue Capital, is an affordable housing developer based out of Santa Monica,...

Capstone Closes $15 Million Sale of 132-Unit Apartment Community in Shelby, NC

CHARLOTTE, NC — Capstone Companies announces the $15,000,000 sale of the Madison Park Apartments: a 132-unit multi-family apartment community constructed in 1980 and located in Shelby, North Carolina. Eric Liebich, Director of Multi-Family Investment Sales, and Ron Corrao, a Partner at Capstone, led the Capstone transaction team. They facilitated an off-market transaction between Southwood Realty, based...

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