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2024 North Carolina Expense Survey

Click Here to View and Download the Report     Capstone is pleased to present the 2024 Multifamily North 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...

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 $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...

University Area Apartment Community Set to Break Ground

CHARLOTTE, NC—Capstone Land Sales has arranged the $4.82 million sale of a 17.66-acre multi-family development site in the red-hot University City submarket of Charlotte, North Carolina. The site will be the future home of Spire Apartments: a 288-unit Class-A market rate garden-style apartment community. Capstone’s Caleb Troop and Bryse Toothaker represented the seller, K Sade Ventures LLC, and...

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