Birmingham, 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.
Although CREI’s business plan remains focused on growing its well-located student housing portfolio, its proven ability to select, renovate and manage quality housing continues to attract interest from a wide range of buyers. With the sale of this asset CREI plans to invest in additional repositioning opportunities, located within proximity to major universities.