Acquisitions


Capstone Real Estate Investments (“CREI”) is always actively looking for opportunities to deploy capital on student housing assets across the United States.  

 

Unique Buyer.  In the highly competitive and growing student housing space, CREI possesses three unique attributes that set us apart from other buyers in the industry: 

Internally Capitalized.  CREI is one of the few internally capitalized companies in the student housing space.  As a result, we are not subject to restrictive buying criteria or any formal approval process like most of the institutional investors in our industry.  This enhanced autonomy and flexibility offer CREI the ability to: 

  • Consider a broader range of markets and assets,
  • Quickly evaluate properties and prepare aggressive offers for sellers, and 
  • Be much more accommodating to a seller’s unique needs.   

Vertically Integrated.  CREI is a vertically integrated company with internal divisions for acquisitions, development, finance, construction, marketing as well as property and asset management.  These “in-house” capabilities coupled with being internally capitalized have enabled CREI to develop an incredibly efficient end-to-end process. This not only allows CREI to act more quickly and decisively but, more importantly, bolsters our confidence in the property valuations that we present to sellers.  

Repositioning Specialist.   CREI strongly believes that acquiring and repositioning underperforming assets is an artform, not a science.   Understanding that every market and asset has a unique “story”, CREI excels at determining how an underperforming property can be efficiently transformed to meet its full economic potential.  This “outside the box” approach enables CREI to place higher values on struggling assets than traditional market valuation methods.   

 

General Acquisition Criteria

CREI will consider any student housing asset that meets the following criteria:

  • Preference of 200 or more bedrooms with no maximum.
  • Located near a public or private university or college with 8,000+ enrollment.  

CREI has also acquired and will consider other asset-types including fractured condominiums, hotels, as well as conventional, senior and low-income housing.     

CREI encourages anyone interested in selling an asset that meets the above general criteria to please contact:

JOHN BAUMHAUER

Vice President of Acquisitions


205.949.3849
Email

CHRISTOPHER MOURON

Executive Vice President
Acquisitions & Development / Principal


205.949.2060
Email

  1. Eagles West
    Purchase
  2. The Commons
    Purchase
  3. University Oaks
    Purchase
  4. University Village
    Purchase
  5. University Apartments - Chapel Hill
    Purchase
  6. University Lake
    Purchase
  7. Eagles South
    Purchase
  8. Seminole Flatts
    Purchase
  9. Raiders Walk Apartments
    Purchase
  10. University Apartments - Durham
    Purchase
  11. University Commons - Durham
    Purchase
  12. Legacy Suites
    Purchase
  13. Hawks Landing
    Purchase
  14. Champions Hall
    Third Party
  15. University Hills
    Purchase
  16. The Cardinal at West Center
    Third Party
  17. University Plaza
    Purchase
  18. University Park
    Purchase
  19. Eagle Flatts
    Purchase
  20. The Quarters
    Third Party
  21. High Point
    Purchase
  22. The Flatts at South Campus
    Purchase
  23. Landmark Apartments Tuscaloosa
    Purchase
  24. Landmark Apartments Hattiesburg
    Purchase
  25. The Flatts at Salisbury
    Purchase
  26. Trifecta Apartments
    Purchase
  27. The Preserve at Tuscaloosa
    Purchase