Capstone Closes $25.5 Million Sale of 160-Unit Tampa Apartment Portfolio in Record-Breaking Transaction

Capstone Apartment Partners has closed the $25,500,000 sale of Seastone & River Rock: a two-property, 160-unit apartment portfolio near the heart of Tampa, Florida. The transaction closed on Tuesday, July 20 at $159,375 per unit, setting a record price per unit in the city’s Temple Terrace/University Submarket.

Capstone Brokers $2,275,000 sale of Boutique Apartments in St. Petersburg, FL

Capstone Apartment Partners is pleased to announce the $2,275,000 sale of Aria Flats: a 16-unit, boutique mixed-use asset located in St. Petersburg, Florida. Jad Richa, Brian Hunsicker, and Tom Huffsmith of Capstone’s Tampa office had the exclusive listing to market the property and successfully sourced the new-to-market buyer.

Capstone’s Tampa Team Grows with Addition of Two Brokers

TAMPA, FL—Capstone Companies, based in Charlotte, NC, is pleased to announce the expansion of the firm’s multi-housing investment sales brokerage team in its Tampa office. Kyle Kaylor, Director, and Nasser Al-Hafi, Investment Sales Advisor, both bring significant expertise and experience in various roles across multiple facets of the multi-housing industry,...