News : Capstone Real Estate

News

10/20/2021

CREI CLOSES ON SALE OF UNIVERSITY APARTMENTS – CHAPEL HILL, NC

Capstone Real Estate Investments, LLC (“CREI”) has closed on the sale of University Apartments in Chapel Hill, NC to an affiliate of Magma Equities. Management services will be assumed by Elmington based in Nashville, TN. The transaction closed on October 20, 2021 and this sale marks the fifth successful real estate transaction by CREI this year. chrome chrome Not Logged in

08/17/2021

CREI COMPLETES SALE OF THE PRESERVE LEXINGTON

Capstone Real Estate Investments, LLC (“CREI”) has closed on the sale of The Preserve Lexington in Lexington, KY. The transaction was finalized on August 17, 2021 and marks the second real estate sale by CREI in 2021. chrome chrome Not Logged in

07/20/2021

CREI COMPLETES PURCHASE OF STILLWATER FLATS

Capstone Real Estate Investments, LLC (“CREI”) has closed on the acquisition of Stillwater Flats, an off-campus student housing community located within proximity of the Oklahoma State University campus. chrome chrome Not Logged in

07/14/2021

CREI CLOSES ON SALE OF UNIVERSITY APARTMENTS

Capstone Real Estate Investments, LLC (“CREI”) has closed on the sale of University Apartments in Durham, NC to an affiliate of Magma Equities. Management services will be assumed by Elmington based in Nashville, TN. The transaction closed on July 14th, 2021 and this sale marks the second successful real estate transaction by CREI this year.

04/07/2021

CREI COMPLETES ACQUISITION OF THE POINTE AT RAIDERS CAMPUS

Capstone Real Estate Investments, LLC (“CREI”) has finalized the purchase of The Pointe at Raiders Campus, an off-campus student community located within close proximity of Middle Tennessee State University.

10/07/2020

CREI CONTINUES ACQUISITION TREND WITH PURCHASE OF STUDENT QUARTERS - RUTHERFORD

Capstone Real Estate Investments, LLC (“CREI”) has closed on the acquisition of Student Quarters - Rutherford, an off-campus community located within close proximity of Middle Tennessee State University (MTSU).

08/20/2020

CREI COMPLETES PURCHASE OF 22 EXCHANGE

Capstone Real Estate Investments, LLC (“CREI”) has closed on the acquisition of 22 Exchange, an off-campus community located within close proximity of the University of Akron.

06/30/2020

CREI COMPLETES PURCHASE OF THE MARK AT LEXINGTON

Capstone Real Estate Investments, LLC (“CREI”) has closed on the acquisition of The Mark at Lexington, an off-campus community located within close proximity of the University of Kentucky.

12/04/2019

CREI GROWS PORTFOLIO WITH ACQUISITION OF PARKER 301

Capstone Real Estate Investments, LLC (“CREI”) has closed on the acquisition of Parker 301, located near The University of Alabama in Tuscaloosa, AL.

08/27/2019

CREI CLOSES ON SALE OF LANDMARK APARTMENTS – TUSCALOOSA, AL

Capstone Real Estate Investments, LLC (“CREI”) has closed on the sale of Landmark Apartments in Tuscaloosa, AL. The transaction was finalized on August 27th, 2019 and marks the first real estate sale by CREI in 2019.

02/27/2019

CREI CONTINUES GROWTH TREND WITH PURCHASE OF THE ARCH APARTMENTS

Capstone Real Estate Investments, LLC ("CREI") has closed on the acquisition of The Arch Apartments, located near the University of Louisville in Louisville, KY. This purchase aligns with the company's goal to expand its national footprint within the student housing space. This is the company's first project located in Kentucky and the transaction increases CREI's portfolio size to 22 communities in 18 markets.

12/18/2018

CREI Expands National Presence With Purchase of University Village In Salisbury, MD

Capstone Real Estate Investments, LLC (“CREI”) has closed on the acquisition of University Village, located near Salisbury University in Salisbury, MD. This purchase aligns with the company’s goal to expand its national footprint within the student housing space. This is the company’s first project located in Maryland and increases the number of states CREI operates in to ten.

12/11/2018

CREI CLOSES ON SALE OF LANDMARK APARTMENTS – HATTIESBURG, MS

Capstone Real Estate Investments, LLC (“CREI”) has closed on the sale of Landmark Apartments in Hattiesburg, MS. The transaction was finalized on December 5th, 2018 and marks the second successful real estate sale by CREI in 2018.

02/09/2018

CREI Sells Eagles South Apartments To Aspen Heights

Capstone Real Estate Investments, LLC (“CREI”) is pleased to announce that it has closed on the sale of Eagles South Apartments in Auburn, AL. The purchasing party is Aspen Heights headquartered in Austin, TX.

01/16/2018

CREI grows portfolio with acquisition of two communities

Capstone Real Estate Investments, LLC (“CREI”) has closed on the acquisition of Boardwalk at Dewberry Landing in Hattiesburg, MS and Boardwalk at Brittain Landing in Tuscaloosa, AL.

10/13/2017

CREI adds 492 beds with off-market acquisition of University Trails in Oxford, MS

Capstone Real Estate Investments, LLC (“CREI”) has closed on the acquisition of University Trails Apartments located near the University of Mississippi in Oxford, MS.

05/02/2017

CREI selected to manage Quantum on West Call

Capstone Real Estate Investments LLC (“CREI”) is pleased to announce that they have been selected to manage Quantum on West Call, a new purpose-build student housing development located at 446 Conradi Street in Tallahassee, FL.

04/20/2017

446 Conradi sold to Edwards Student Housing

Capstone Real Estate Investments LLC (“CREI”) is pleased to announce that they have closed on the sale of 446 Conradi Street in Tallahassee, FL to a national student housing operator.

04/07/2017

Development Update: Eagle Flatts Final Phase

Capstone Interiors completed the outdoor install at Eagle Flatts this quarter. The install included furnishing the renovated pool deck and "quad" - the covered pavilion and open-air green space for recreation.

10/19/2016

University Lake Apartments

Capstone Real Estate Investments LLC (“CREI”) is pleased to announce that they have closed on the sale of University Lake Apartments in Tampa, FL to an affiliate of FPA Multifamily, LLC.

02/21/2017

Development Update: High Point Renovation

In May 2016, Capstone Real Estate Investments (“CREI”) closed on the purchase of High Point Apartments in Tallahassee, FL. The property presented a unique opportunity, as it is adjacent to a current holding – Legacy Suites.

03/16/2017

Development Update: Hawks Landing Renovations Phase II

Take a look at Hawks Landings updated business center! The space was previously an outdated game room and we’ve repurposed it into a conference center which will be more utilized by the students.

06/13/2016

Development Update: Eagle Flatts Final Phase

Eagle Flatts officially joined the CREI portfolio on January 11, 2016 under the name University Edge. At the time of acquisition, the property had only preleased 36 beds for the 2016-17 school year. The leasing progress since that time has been nothing short of amazing.

05/31/2016

Colony Club & High Point Apartments

Capstone Real Estate Investments, LLC (“CREI”) has closed on the acquisition of Colony Club Apartments in Tallahassee, FL. Located just 0.1 miles from Florida State University, Colony Club consists of 169 1-, 2- and 3- bedroom units within walking distance to campus and local shopping, dining, and entertainment.

05/12/2016

Old Taylor Place

Capstone Real Estate Investments, LLC (“CREI”) has closed on the acquisition of Old Taylor Place Apartments in Oxford, MS.

05/17/2016

Development Update: Hawks Landing Renovations Phase I

Hawks Landing was originally developed in 1994 by Capstone Development Corp. as a University Commons property.

10/15/2015

University Park Apartments

Capstone Real Estate Investments, LLC (“CREI”) has closed on the off market acquisition of University Park Apartmentslocated .25 miles from East Carolina University in Greenville, North Carolina.

01/18/2016

University Edge Apartments

Capstone Real Estate Investments, LLC (“CREI”) has closed on the acquisition of University Edge Apartments located approximately .25 mile from the University of Southern Mississippi in Hattiesburg, MS.