Through the use of a value-add renovation program and operating expertise built over three decades, Capstone Real Estate Investments, LLC repositions existing properties to become attractive, modern student housing and multifamily housing communities. As a property management company in Birmingham, AL, we look for opportunities to create more competitive and valuable assets by implementing a host of physical and operational improvements that contribute to a more inviting and vibrant living environment. These enhancements often include an optimized unit mix, updated unit interiors, the introduction of new unit and common area amenities, increased building efficiency, and the use of a focused marketing and management strategy that best positions an asset within its market.
Since 2007, our leading property management company in Birmingham has completed 39 acquisitions, constituting over $850 million in value, and has employed a variety of financial structures, including the use of conventional debt and equity, mezzanine financing, and tax-exempt bonds. CREI has executed all forms of debt financing and maintains extensive relationships with a variety of lenders including national and regional banks, agency lenders, and life insurance company lenders.
Recent examples of Capstone’s activities include the acquisition and repositioning of Landmark Apartments (Murfreesboro, TN), The Preserve at Tuscaloosa (Tuscaloosa, AL), and Standard on Main (Akron, OH). In December of 2022, Capstone Real Estate Investments made Student Housing Business magazine’s list of Top 25 Owners and Managers.
Capstone Real Estate Investments, LLC creates value by strategically acquiring, efficiently renovating, creatively repositioning, and aggressively managing properties that present opportunities for operational, physical, and functional improvement. As a leading property management firm based in Birmingham, AL, we focus on enhancing the market position of each asset, improving the resident living experience, and increasing the physical and operational sustainability of each property to establish a long-term competitive advantage. Our mission is accomplished with the highest level of integrity by intelligent, hard-working, and creative employees who accept nothing less than excellence.
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.
