CREI and its affiliates employ over 240 associates either based at its headquarters in Birmingham, AL or at one of its 25 owned or managed properties.
These associates offer CREI and its affiliates a vertically integrated set of capabilities that include development, finance, accounting, construction, property management, and graphic design. Each associate plays an integral part of the mission of CREI to build value through sustainable competitive advantages at each owned or managed property.
We seek to deploy capital through our student housing and conventional multifamily housing strategies across the United States. CREI considers any type of acquisition, whether it be core, value-add, distressed, bank foreclosure, as well as note purchases.
Capstone Real Estate Investments currently owns and/or operates 23 assets and serves more than 19 university markets spread across Alabama, Arkansas, Florida, Illinois, Indiana, Kentucky, Louisiana, Maryland, Mississippi, Ohio, Tennessee and Texas.
CREI’s unique approach enables us to acquire and reposition a wide variety of asset types including garden-style, midrise, cottage, mixed-use, fractured condominium, hotel, and office.
As a growing organization seeking to build our team, we are looking for talented candidates who are hard-working, resourceful, reliable, professional and dedicated to the highest standards of excellence.
View job openings here.
The Preserve Tuscaloosa is a 1993-vintage, purpose-built student housing property serving the University of Alabama market. At acquisition, the garden-style property encompassed 680-beds with two- and four-bedroom floorplans. CREI’s renovations included a full reconfiguration of unit interiors to develop new floorplan types, comprehensive common area upgrades, and new amenities. CREI completed renovations and delivered the repositioned asset in Fall 2021.
The Flatts Starkville is a 2015-vintage, purpose-built student housing property serving the Mississippi State University market. At acquisition, the garden-style property encompassed 536-beds with two-, three- and four-bedroom floorplans. CREI’s renovations included creating new floorplans, transformation of unit interiors and common areas, and refreshed amenities. CREI completed renovations and delivered the repositioned property in Fall 2023.
Standard On Main is a 2009-vintage, 236-unit conventional multi-family property in Akron, OH. At acquisition, the midrise property was positioned as off-campus student housing serving the University of Akron market, with floorplans ranging from one-bedroom to four-bedroom apartments. CREI’s renovations included delivery of new floorplans, unit interior upgrades, and common area and amenity refreshes. The repositioned and re-branded asset delivered in Spring 2023.
