News & Events

Higher Education in the Context of Current Events

Jeff Jones and Bruce McKee - This generation has never been faced with such prolonged upheaval and uncertainty as has been experienced over the past several months, and this dynamic is likely to be ongoing for the foreseeable future.  The COVID-19 pandemic and our country’s racial unrest have each proven to be a challenge to our collective character, but also important […]

Capstone Reaches Financial Close on Development of New On-Campus Student Housing Project at San Diego State University

Denver, CO - Capstone Development Partners, a national student housing real estate developer specializing in on-campus public-private partnerships (“P3”), is pleased to announce it has closed on a traditional debt and equity financing for a new on-campus student housing community (“Project”) at San Diego State University (“University”). Planning for the development began in 2018. Despite the COVID-19 pandemic […]

Doing Our Part to Limit the Spread of COVID-19

Dear Partners, Colleagues and Friends: Capstone Development Partners (CDP) wishes all of you well during this challenging time.  We are doing all we can to protect the health and safety of our employees, partners, colleagues and associates and to stop/slow the spread of the Coronavirus. We have adopted policies and procedures recommended by the Center […]

ASU and Capstone Break Ground on 2nd Downtown Residence Hall with Focus on Entrepreneurship and the Arts

Arizona Impact - Arizona State University broke ground Monday on the Downtown Phoenix Residence Hall and Entrepreneurship Center, a 16-floor building at the southwest corner of Fillmore Street and First Avenue.The 283,000-square-foot project, expected to open in fall 2021, will house more than 500 students in the top 13 floors. The first three floors will offer academic space […]

The Four Critical Elements of Capital Renewal Planning

P3 Higher Ed Resource Center - One of the many advantages for colleges and universities, when considering the use of Public-Private Partnerships “P3s” for new on-campus residence hall facilities, is the opportunity to transfer the risk and responsibility of long-term repair and replacement of major building systems and physical assets to the development partner. More than ever before, institutions are challenged […]

Capstone to Develop New On-Campus Mixed-Use Student Housing Project at Arizona State University Downtown Campus

Birmingham, AL - Capstone Development Partners (“Capstone”), a national student housing real estate developer specializing in on-campus public-private partnerships (“P3”), is pleased to announce it has closed on tax-exempt financing for a new on-campus student housing community (“Project”) on the Downtown Phoenix campus of Arizona State University. Capstone, along with its architect Studio Ma and builder DPR Construction, […]

Capstone Awarded Public Private Partnership with University Maine System

Birmingham, AL - Capstone Development Partners (“Capstone”), a national student housing real estate developer specializing in on-campus public-private partnerships (“P3”), is pleased to announce it has been selected by the University of Maine System (“UMS”) to develop a new student housing and student center community (“Project”) on the University of Southern Maine’s (“USM”) campus in Portland. Capstone and […]

Capstone Develops New On-Campus Student Housing Community at ASU Poly

Birmingham, AL - Capstone Development Partners (“Capstone”), a national student housing real estate developer specializing in on-campus public-private partnerships (“P3”), is pleased to announce a new student housing community (“Project”) under development and in construction in collaboration with Arizona State University on its Polytechnic (“ASU Poly”) campus. Capstone and its equity partner, Harrison Street (together “Capstone-Harrison Street”), closed […]

USM Picks the Developer for Its Biggest Building Project Ever

Portland Press Herald - The contract for the project has been awarded to Alabama-based Capstone Development Partners, which specializes in student housing around the country and will be partnering with SMRT Architects in Portland. The project is expected to be the largest building project in USM’s history and is targeted for completion by the fall of 2022, the university said […]