Press Release

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 […]

New Residence and Dining Hall at UMass Boston Recognized as Student Housing Project of the Year by Multifamily Executive

Birmingham, AL - Capstone Development Partners (“Capstone”) announced that the new Residence Hall and Dining Commons at the University of Massachusetts Boston was awarded the Project of the Year: Student GRAND award at the Multifamily Executive awards ceremony held on October 3rd in Las Vegas, NV. The project was selected from among 300 entries across 14 award categories. […]

Capstone Development Partners and University of Massachusetts Boston’s New Residence and Dining Hall Partnership Named Best Public-Private Partnership Development

Birmingham, AL - Capstone Development Partners (“Capstone”) announced that the New Residence and Dining Hall at the University of Massachusetts Boston, was awarded the Best Public-Private Partnership Development at the Student Housing Business Ninth Annual Innovator Awards ceremony held April 11th in Austin, TX. The project was selected among 115 student housing developments submitted for a total of […]

University of Massachusetts Boston Facilitiy Attains LEED Gold Certification

Birmingham, AL - Capstone Development Partners today announced that the University of Massachusetts Boston (UMB) Dining and Residence Hall project has achieved LEED® Gold certification from the U.S. Green Building Council (USGBC). “We are thrilled to achieve LEED® Gold certification for the University of Massachusetts Boston project,” said Jeff Jones, Principal, Capstone Development Partners. “Through the hard work […]

Capstone Development Partners Announces Promotions Within Leadership of Its Property Management Subsidiary

Birmingham, AL - Capstone Development Partners (“Capstone”), a leader in the on-campus student housing development industry, today announced two promotions within the leadership of its property management subsidiary, Capstone Management Partners (“CMP”), which provides facility maintenance, asset management and related services for on-campus and university affiliated student housing.  Matthew Brown, Ph.D. has been promoted from Senior Vice President of […]

Capstone Development Partners Opens Five New Student Housing Projects in 2018

Birmingham, AL - Capstone Development Partners is pleased to announce the successful opening of five new student housing developments delivered in partnerships with five universities totaling 3,000 new beds for the Fall 2018 semester. The company, with its university partners, opened new housing at the University of South Florida, the University of Massachusetts Boston, Seattle University, San Diego […]