Press Release

Capstone and Harrison Street Awarded Best Public-Private Partnership Development by Student Housing Business for the Woodlawn Residential and Dining Commons at University of Chicago

BIRMINGHAM, AL & CHICAGO, IL - Capstone Development Partners (“Capstone”) and Harrison Street today announced that Woodlawn Residential and Dining Commons at the University of Chicago was awarded the Best Public-Private Partnership (P3) Development at Student Housing Business’ 11th Annual Innovator Awards event held July 14, 2021  during the Interface Student Housing conference in Austin, TX. The P3 project was selected […]

Construction Begins on New Residence Hall at Lynn University

Boca Raton, FL - Lynn University alongside its finance, development, design and construction teams officially broke ground on a new residence hall. The $40.5 million building will provide affordable, university housing for 342 upperclassmen. It’s set to open for the Fall 2022 semester. The project is in collaboration with Capstone Development Partners, a national student housing developer, and its […]

University of Washington Board of Regents Approves Predevelopment Agreement and Ground Lease with Capstone for Redevelopment of Husky Village

On Thursday, February 18th, 2021 Chancellor Wolf Yeigh of the University of Washington Bothell sent the following communication out to the UW Bothell Community announcing that the University of Washington Board of Regents approved the pre-development agreement and ground lease of the Husky Village project.    Dear UW Bothell Community and Partners, I am pleased to […]

Capstone Supports Colleges and Universities by Establishing and Seeding a Fund to Help Students Afford Higher Education

Birmingham, AL - Capstone Development Partners (“Capstone”) is pleased to announce the creation of a new corporate program, launched in support of improving access and affordability in higher education. The program is named Stepstone, an Initiative to support and build a path to affordability in higher education. In December 2019, the Principals of Capstone seed-funded Stepstone with $100,000.  […]

Capstone Development Partners and Seattle University’s Vi Hilbert Hall Named Best Public-Private Partnership Development

Birmingham, AL – Capstone Development Partners (“Capstone”) announced that Vi Hilbert Hall at Seattle University, was awarded the Best Public-Private Partnership Development at the Student Housing Business Tenth Annual Innovator Awards event held October 19th during the NMHC / Interface Student Housing virtual conference. The project was selected among 120 student housing developments submitted for […]

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 […]

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 […]