Press and media releases about Capstone Real Estate Services

Capstone Real Estate Services, Inc. has gained national and regional recognition for high-profile contracts, as well as the prestigious awards our properties and personnel have received.

Capstone Real Estate Services Inc., has been awarded management of St. Paul's Square Senior in McKinney, TX

August 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of St. Paul’s Square Senior, a 142-unit, new construction, luxury mid-rise Senior apartment community in McKinney, TX. An addition to the existing Adriatica Village, the Senior community will have available units starting December 2017.

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Capstone Real Estate Services Inc., has been awarded management of Hays Junction II in Kyle, TX

August 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Hays Junction II, a 102-unit, new construction, apartment community in Kyle, TX. Located a mere 20 minutes from either Austin or San Marcos, this second phase for Hays Junction will provide first units around October 2017.

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Capstone Real Estate Services Inc., has been awarded management of Riverwalk in College Station, TX

August 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Riverwalk a 128-unit, apartment community in College Station, TX. Conveniently located, Riverwalk is close to shopping, restaurants and nearby neighborhood parks.

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Capstone Real Estate Services Inc., has been awarded management of Sansom Ridge in Sansom Park, TX

July 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Sansom Ridge a 100-unit, new construction, LIHTC/Bond apartment community in Sansom Park, TX. Located Northwest of Forth Worth, Sansom Ridge will be part of the Azle Junction community, with first units and clubhouse slated for October 2017.

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Capstone Real Estate Services Inc., has been awarded management of Park Hill in San Marcos, TX

June 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Park Hill a 168-unit, apartment community in San Marcos, TX. The community is conveniently located near the San Marcos Premium Outlet Mall, the Central Texas Medical Center and a block away from the Texas State University Bus Route.

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Capstone Real Estate Services Inc., has been awarded management of Pine Hills in Livingston, TX

June 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Pine Hills a 128-unit, apartment community in Livingston, TX. The community provides easy access to Highway 59 and Highway 190 and sits near businesses, recreational and shopping centers.

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Capstone Real Estate Services Inc., has been awarded management of the Brix at Terrell Hills in San Antonio, TX

June 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of the Brix at Terrell Hills a 143-unit, apartment community in San Antonio, TX. The community is conveniently located along Harry Wurzbach Rd., among dining, entertainment, shopping, and a short walk from Fort Sam Houston.

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Capstone Real Estate Services Inc., has been awarded management of the Lodge at Westlake in Humble, TX

June 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of the Lodge at Westlake a 108-unit, new construction, LIHTC/Senior apartment community in Humble, TX. The community will be located off of East FM 1960 near Lake Houston.

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The Villages at Ben White Wins Affordable Housing 2017 Property of the Year

Congratulations to Capstone Real Estate Services, Inc., and The Villages at Ben White as they were awarded Affordable Housing 2017 Property of the Year at the annual multi-family rental housing Austin Apartment Association (AAA) Property of the Year awards.The Villages at Ben White is a 183-unit Senior, LIHTC community located in Southeast Austin.

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Lumberton on the Lake voted Best Apartments

The local newspaper in Lumberton, Texas holds a contest annually allowing citizens to vote on the best locations and businesses of their choice. This year, The Lumberton Ledger reported over 5,000 voters and Lumberton on the Lake was voted "Best Apartments" in Lumberton. Congratulations!

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Capstone Real Estate Services Inc., has been awarded management of the Homestead at Mormon Mill in Marble Falls, TX

May 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of the Homestead at Mormon Mill a 68-unit, new construction, luxury apartment community in Marble Falls, TX. Centrally located just north of the US 281, FM 1431 intersection. First units will be available June 2017.

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Capstone Real Estate Services Inc., has been awarded management of 1271 in San Marcos, TX

May 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of 1271 a 240-unit, Class A new construction apartment community in San Marcos, TX. 1271 is located off IH 35 and 10 minutes from Texas State University. First units are slated for late Summer 2017.

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Capstone Real Estate Services Inc., has been awarded management of Millennium on Post in San Marcos, TX

May 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Millennium on Post a 154-student by-the-bed, apartment community in San Marcos, TX. The community is located just minutes from Texas State University.

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Capstone Real Estate Services Inc., has been awarded management of Logan Ridge in San Marcos, TX

May 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Logan Ridge a 108-student by-the-bed, apartment community in San Marcos, TX. The community is located 10 minutes from Texas State University.

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Capstone Real Estate Services Inc., has been awarded management of Carmel Village in Temple, TX

May 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Carmel Village a 116-unit, apartment community in Temple, TX. The community is located near IH 35 and the SW H K Dodgen Loop.

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Capstone Real Estate Services Inc., has been awarded management of Ariza Temple in Temple, TX

May 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Ariza Temple a 199-unit, new construction apartment community in Temple, TX. The community is centrally located near the best that Temple has to offer in parks, shopping, dining and entertainment. First units are expected May/June 2017.

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Capstone Real Estate Services Inc., has been awarded management of Preserve Wells Branch in Austin, TX

May 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Preserve Wells Branch a 308-unit apartment community in Austin, TX. The community provides easy access to IH-35, Mopac, SH-45, shopping, dining, and entertainment.

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Capstone Real Estate Services Inc., has been awarded management of Arthur Square in Port Arthur, TX

May 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Arthur Square a 226-unit apartment community in Port Arthur, TX. The community is located near highway 73 and 87.

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Capstone Real Estate Services Inc., has been awarded management of Oakbridge in Pearland, TX

May 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Oakbridge a 158-unit apartment community in Pearland, TX. The community is centrally located near beltway 8, Hwy 288 & Hwy 45, and most shopping areas.

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Capstone Real Estate Services Inc., has been awarded management of La Residencia in Brownsville, TX

April 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of La Residencia a 244-unit apartment community in Brownsville, TX. La Residencia is close to shopping, dining, schools and 10 minutes from the University of Texas at Brownsville and Texas Southmost College.

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Capstone Real Estate Services Inc., has been awarded management of La Mansion in Brownsville, TX

April 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of La Mansion a 168-unit apartment community in Brownsville, TX. The community provides easy access to local schools, restaurants, shopping and entertainment.

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Capstone Real Estate Services Inc., has been awarded management of The Landing in Abilene, TX

April 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of The Landing a 200-unit apartment community in Abilene, TX. The community is located within minutes of Abilene’s finest shopping, major thoroughfares and major employers.

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Capstone Real Estate Services Inc., has been awarded management of Cedar Creek in Abilene, TX

April 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Cedar Creek a 124-unit apartment community in Abilene, TX. The community is centrally located with easy access to Kirby Lake, Fort Phantom Lake, great dining, shopping, schools, and entertainment.

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Capstone Real Estate Services Inc., has been awarded management of The Glen in Temple, TX

April 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of The Glen a 200-unit apartment community in Temple, TX. The community is centrally located near the best that Temple has to offer in parks, shopping, dining and entertainment.

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Capstone Real Estate Services Inc., has been awarded management of Rachael Commons in McGregor, TX

April 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Rachael Commons a 48-unit LIHTC apartment community in McGregor, TX. Located near US 84 W, Rachael Commons is currently processing a HUD, RAD conversion, which includes a full rehab of the units in the community.

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Capstone Real Estate Services Inc., has been awarded management of Copper Creek in Abilene, TX

April 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Copper Creek a 228-unit, LIHTC apartment community in Abilene, TX. The community sits upon 12 acres of beautifully landscaped grounds and is located within minutes of Abilene’s finest shopping, major thoroughfares and major employers.

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Capstone Real Estate Services Inc., has been awarded management of North Ridge Court in Cleburne, TX

April 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of North Ridge Court a 86-unit apartment community in Cleburne, TX. The community is located in the heart of Cleburne, and it’s just a walk away from entertainment, shopping and dining.

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Capstone Real Estate Services Inc., has been awarded management of Whispering Winds in Pearland

March 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Whispering Winds a 286-unit, apartment community in Pearland, TX. Centrally located near Interstate 45 and the Sam Houston Beltway 8, the community is just minutes away from the William P. Hobby Airport as well as the Kemah Boardwalk.

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Capstone Real Estate Services Inc., has been awarded management of University Heights II in San Marcos

March 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of University Heights II a 672-student by-the-bed apartment community in San Marcos, TX. The community is located less than 3 minutes from Texas State University.

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Capstone Real Estate Services Inc., has been awarded management of Sundance Meadows in Brownsville

March 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Sundance Meadows a 132-unit new construction LIHTC apartment community in Brownsville, TX. The clubhouse and first units are expected April/May 2017.

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Capstone Real Estate Services Inc., has been awarded management of Lakeshore in Houston

March 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Lakeshore a 231-unit apartment community in Houston, TX. Located in the Clear Lake area near Interstate 45 on Space Center Boulevard, Lakeshore is convenient to the restaurants and entertainment of the Kemah boardwalk.

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Capstone Real Estate Services Inc., has been awarded management of Jackson Place in Pharr

March 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Jackson Place a 288-unit, new construction, Senior apartment community in Pharr, TX. Jackson Place is located just minutes away from the best shopping and dining in the Rio Grande Valley area.

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Capstone Real Estate Services Inc., has been awarded management of Crystal Falls in Houston

March 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Crystal Falls a 165-unit, apartment community in Houston, TX. Located just minutes from Beltway 8, Highway 59, and Highway 90, Crystal Falls has easy access to a variety of dining, entertainment and shopping options.

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Capstone Real Estate Services Inc., has been awarded management of Hammerly Walk in Houston

March 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Hammerly Walk a 236-unit, apartment community in Houston, TX. Hammerly Walk has easy access to jobs, restaurants, hospitals, schools, churches and shopping. Just minutes from Downtown, Hwy 290 & 610, Beltway 8 and I-10.

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Capstone Real Estate Services Inc., has been awarded management of Woodcreek Village in Houston

March 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Woodcreek Village a 42-unit, apartment community in Houston, TX. Woodcreek Village provides easy access to restaurants, hospitals, schools, churches, shopping and the Houston Intercontinental airport. The community is minutes from the Hardy Toll Road, I-45 and Beltway 8.

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Capstone Real Estate Services Inc., has been awarded management of El Pavon in El Paso

February 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of El Pavon, a 116-unit apartment community in El Paso, TX.

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Capstone Real Estate Services Inc., has been awarded management of The Cove in Engleside, TX

February 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of The Cove a 264-unit, new construction, garden-style apartment community in Ingleside, TX. The Cove Apartments are conveniently located 5 minutes from Corpus Christi Bay and 11 miles from Port Aransas, TX. First units are expected for early March 2017.

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Capstone Real Estate Services Inc., has been awarded management of Loretto at Creekside in San Antonio, TX

February 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Loretto at Creekside a 320-unit, new construction apartment community in San Antonio, TX. Loretto at Creekside is located in Northeast San Antonio, just 15 miles from the heart of downtown.

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Capstone Real Estate Services Inc., has been awarded management of the Townhomes at Twenty01 in Corpus Christi, TX

February 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of the Townhomes at Twenty01 a 126-unit, new construction townhome community in Corpus Christi, TX.

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Capstone Real Estate Services Inc., has been awarded management of Cypress Place in Beaumont, TX

February 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Cypress Place a 76-unit, LIHTC new construction apartment community in Beaumont, TX. Cypress Place is conveniently located in the heart of the city.

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Capstone Real Estate Services Inc., has been awarded management of Cullen Park in Houston, TX

February 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Cullen Park a 240-unit, LIHTC apartment community in Houston, TX. Cullen Park is conveniently located in Southeast Houston, easily accessible to Hwy 288 and Loop 610.

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Capstone Real Estate Services Inc., has been awarded management of Chaparral Townhomes in Allen, TX

February 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Chaparral Townhomes a 126-unit, LIHTC townhome community in Allen, TX. Chaparral Townhomes are located in Allen, a suburb north of Dallas.

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Capstone Real Estate Services Inc., has been awarded management of The Residences of Solms Village in New Braunfels, TX

January 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of The Residences of Solms Village a 80-unit, LIHTC/HOME apartment community in the historical town of New Braunfels, TX. The property is located within walking distance of grocery stores and restaurants.

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Capstone Real Estate Services Inc., has been awarded management of Main Street Commons in Taylor, TX

January 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Main Street Commons a 75-unit, new construction LIHTC/HOME/Seniors (55+) apartment community in Taylor, TX. Main Street Commons is conveniently located near Highway 79 and Main Street.

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Capstone Real Estate Services Inc., has been awarded management of The Grove in Odessa, TX

January 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of The Grove a 68-unit, new construction LIHTC apartment community in Odessa, TX. The Grove is located in the heart of the city near some of the neighborhoods finest dining, shopping and entertainment.

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Capstone Real Estate Services Inc., has been awarded management of Bishop Gardens in Justin, TX

January 2017, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Bishop Gardens a 72-unit LIHTC/HOME new construction apartment community in Justin, TX. The property is located within walking distance of grocery stores, parks and restaurants.

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Capstone Real Estate Services Inc., has been awarded management of Langtry Village in New Braunfels, TX

December 2016, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Langtry Village a 142-unit, apartment community located off I-35 in New Braunfels, TX.

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Capstone Real Estate Services Inc., has been awarded management of Barcelona in Houston, TX

December 2016, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Barcelona a 127-unit, apartment community in Houston, TX. Located just minutes away from many acclaimed schools, fantastic shopping, great restaurants and one of the biggest business corridors in Houston.

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Capstone Real Estate Services Inc., has been awarded management of Takara So in Houston, TX

December 2016, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Takara So a 77-unit, gated apartment community in Houston, TX. Located in the Montrose area, minutes away from the Galleria area and a short distance from downtown Houston.

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Capstone Real Estate Services Inc., has been awarded management of Harris Branch Senior in Austin, TX

December 2016, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Harris Branch Senior a 216-unit, 55+ apartment community in Austin, TX. Traveling, shopping, entertainment and active lifestyle are just minutes away from the community.

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Capstone Real Estate Services Inc., has been awarded management of Mesa Village in El Paso, TX

December 2016, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Mesa Village a 160-unit, gated apartment community in El Paso, TX. Located just minutes from Interstate 10, the community is convenient to schools, shopping and dining.

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Capstone Real Estate Services Inc., has been awarded management of Mission Hill Phase II in New Braunfels, TX

December 2016, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Mission Hills Phase II a 195-unit, upscale apartment community nestled in the Hill Country of New Braunfels, TX. Located off the IH35 corridor, Mission Hills Phase II will have first availability in April 2017.

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Capstone Real Estate Services Inc., has been awarded management of Vanderbilt Court in Houston, TX

December 2016, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Vanderbilt Court a 164-unit, apartment community in Houston, TX. Located West of downtown, Vanderbilt Court is minutes from Westpark Tollway, Beltway 8 and Interstate 10.

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Capstone Real Estate Services Inc., has been awarded management of Timber Run in Houston, TX

December 2016, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Timber Run a 120-unit, apartment community in Houston, TX. Located between U.S. 90 and Interstate 10, Timber Run provides convenient access to shopping, restaurants and entertainment.

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Capstone Real Estate Services Inc., has been awarded management of Riverwalk in Houston, TX

December 2016, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Riverwalk a 104-unit, apartment community in Houston, TX. Located East of downtown, the Riverwalk provides convenient access to Minute Maid Park, The University of Houston and Market Square Park.

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Capstone Real Estate Services Inc., has been awarded management of The Cosmopolitan in Corpus Christi, TX

November 2016, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of The Cosmopolitan a 165-unit, new luxury downtown mid-rise with stunning downtown and bay views in Corpus Christi, TX. The Cosmopolitan of Corpus Christi is within easy walking distance to restaurants, shopping and area attractions.

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Capstone Real Estate Services Inc., has been awarded management of Vista Pointe in San Antonio, TX

October 2016, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of the Vista Pointe a 108-unit new construction, affordable community in San Antonio.

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Capstone Real Estate Services Inc., has been awarded management of Retama Park in Brownsville, TX

October 2016, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of the Retama Park a 148-unit Affordable Tax Credit community in Brownsville, TX.

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Capstone Real Estate Services Inc., has been awarded management of University Park in College Station, TX

October 2016, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of the University Park a 200-unit community in College Station, TX. Conveniently located between Texas A&M University and A&M Consolidated High School, University Park will be going through an extensive interior and exterior rehab.

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Capstone Real Estate Services Inc., has been awarded management of 250 Lancaster in Ft. Worth, TX

October 2016, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of 250 Lancaster a 130-unit new construction, Class A apartment community in Ft. Worth, TX. 250 Lancaster is minutes away from nearby shopping, dining and entertainment.

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Capstone Real Estate Services Inc., has been awarded management of the Villas of Henderson Pass in San Antonio, TX

October 2016, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of the Villas of Henderson Pass a 228-unit community in San Antonio. Conveniently located within 30 minutes of the San Antonio Zoo, SeaWorld and Six Flags Fiesta Texas.

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Phase II of Bella Vista Apartments in Brownsville, Texas Breaks Ground with Capstone leading lease-up.

BROWNSVILLE, TEXAS — RightQuest LLC has broken ground on the second phase of Bella Vista Apartments, a market-rate apartment community in Brownsville. The second phase of the community includes the addition of 144 apartments, a swimming pool, laundry facility, dog park and additional amenities. The first units of the second phase will be available for occupancy in July 2017, bringing the community total units to 272. Capstone Real Estate Services is providing lease-up and property management services.

http://rebusinessonline.com/rightquest-breaks-ground-on-phase-ii-of-bella-vista-apartments-in-brownsville-texas/

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Capstone Real Estate Services Inc., has been awarded management of Trillium Terrace in Austin

October 2016, Capstone Real Estate Services, Inc. (Austin, TX) announced today, that they have been awarded management of Trillium Terrace Apartment Homes a 168-unit, new-construction community in South Austin. This urban enclave offers a convenient location to SoCo and Downtown Austin. First move-ins are anticipated in Winter 2017.

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Capstone Real Estate Services Inc., has been awarded management of Blue Water Gardens in Hereford, TX

September 2016, Capstone Real Estate Services, Inc., (Austin, TX) has been awarded management of a 132-unit community Blue Water Gardens in Hereford, TX. Blue Water Gardens is a HUD Project Based Section 8 property layered with Tax Credits and conveniently located 5 minutes from Hereford Municipal Airport, nearby schools, restaurants and shopping.

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Capstone Real Estate Services Inc., has been awarded management of Rio Vista in Albuquerque

September 2016, Capstone Real Estate Services, Inc. (Austin, TX) one of the largest third-party management firms in the nation, announced today that they have acquired management of the Rio Vista Apartments in Albuquerque, NM. This management assignment, a 75-unit Seniors community, is a HUD Project Based Section 8 property layered with Tax Credits. A comprehensive, green initiative rehab will commence this month, with completion slated for early Summer 2017.

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Capstone Real Estate Services, Inc., has been awarded management of Wurzbach Manor in San Antonio

Capstone Real Estate Services, Inc., an Austin-based third-party management company, has assumed the new management responsibilities for Wurzbach Manor Apartments. This 161-unit, Section 8 assisted living community, is conveniently located in Northwest San Antonio, with easy access to shopping, dining and public transportation.

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Capstone Real Estate Services Inc., has been awarded management of Catalon in Houston

Capstone Real Estate Services, Inc., (Austin, TX) announced today that they have proudly completed a successful and fast lease up for Catalon Apartment Homes, a 142-unit LIHTC in Northwest Houston. By providing a full range of custom apartments, including town homes and garages, Catalon is meeting increased demand for quality living in this market.

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Capstone Awarded Management of MirAvanti at Ridgmar, a Fort Worth Seniors Community

Fort Worth, Texas—Management of a Fort Worth, Texas, luxury independent retirement community has been awarded to Capstone Real Estate Services Inc.

With this newest assignment, the Texas-based third-party property management company now has expanded its portfolio of seniors’ residences to more than 5,000 units, covering more than 40 age-restricted seniors communities spread across the states of Texas, Oklahoma, Florida and Mississippi.

Residents of the community can select from the generously sized one-, two- and three-bedroom floor plans that comprise the property. They also can enjoy a number of top-shelf amenities, including a resort-style swimming pool, private dining area and putting green.

The community also offers housekeeping services, elevator access and underground secured parking. Senior residents can take advantage of the community’s planned activities and outings, optional meal program and creative arts room and workshop, among other extras.

For 35 years, Capstone has maintained a continuous management presence in the Dallas-Fort Worth...

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Capstone Real Estate Services, Inc. Expands Longstanding Management Presence in the Rio Grande Valley

Brownsville, TX - Capstone Real Estate Services, Inc. a Texas based property management company, recently assumed management responsibilities for three multifamily properties currently under construction in Brownsville, Edinburg and Mission Texas, totaling approximately 500 units. These newest management assignments bring Capstone’s presence in The Rio Grande Valley to 15 properties totaling over 2,000 units. Construction, at a fourth site, is scheduled to start later this year in Edinburg. Capstone has been awarded management of this development as well, to total approximately 200 additional units.

Capstone currently maintains an office in Brownsville, Texas and has had a continuous management presence in the South Texas area since 2000. Oversight for these properties is provided by two District Managers and a Vice President, and covers assignments in Brownsville as well as McAllen, Edinburg, Weslaco, Pharr, Mission, San Benito, Harlingen, and other surrounding communities.

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Capstone Real Estate Services, Inc. Hosts Grand Opening of Casitas de Colores Apartments in Albuquerque

Albuquerque, NM - Capstone Real Estate Services, Inc., a prominent property management company, recently hosted the grand opening of Casitas de Colores Apartments, the first family “garden style” mixed-income, environmentally sustainable community to be located in the heart of downtown Albuquerque. The event was attended by local officials, Casitas ownership partners, Capstone representatives, and Casitas residents. This unique development opened its doors to the public at the end of 2013, and offers a variety of both income-restricted and market-rate units for lease. Construction has been completed on all three residential buildings, and initial leasing efforts are wrapping up as the property approaches full occupancy.

Designed as a “family-focused” community, Casitas is comprised of mostly two and three-bedrooms, in addition to studios and one-bedroom floor plans. Apartments feature private patios or balconies and Energy Star appliances, and the community offers a fitness center and courtyards designed to accommodate outdoor recreation for families. Partnerships with...

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Capstone Awarded Management of Ten-Property Portfolio

Texas and Mississippi Portfolio Now Under Capstone Management

Dallas, TX - Capstone Real Estate Services, Inc. has recently assumed management of a 10 property portfolio totaling 1,026 units, consisting of properties located in Texas and Mississippi. Five communities are completed, and two are new construction lease-ups. Three additional properties will begin construction in 1st Quarter 2014. The Texas properties are located throughout the state in Longview, Abilene, Dallas, Denton, Waco and Tyler, and are supported by our Dallas/Ft.Worth and Abilene offices. Additionally, Capstone’s current presence in Mississippi is expanded by two properties, located in McComb and Long Beach.

Capstone is an industry leader in portfolio assimilation, and has the experience, personnel, and resources to ensure a smooth transition of both small and large portfolios. Our clients recognize this expertise, and have awarded us numerous other multiple property accounts over the years, ranging from 3 to 24 properties, including Homeowner’s Associations, commercial, and multi-family...

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Capstone Real Estate Services, Inc. Awarded Management of Bexar County Community

June 1, 2012

Braesview Selects Capstone for New Management

San Antonio, TX - Capstone Real Estate Services, Inc. has assumed management of Braesview Apartments, a 396-unit market rate community located in San Antonio, TX. The property is scheduled to undergo a multi-million dollar renovation. Plans include full exterior paint, new landscaping and amenity improvements to the pool, tennis courts and a new soccer field. An interior enhancement package is planned as well. Capstone has had a continuous presence in the San Antonio market since 1977, and currently manages approximately 41 properties and over 5,625 units in the Greater San Antonio area. In business for over forty years, Capstone boasts an extensive and accomplished history in property management.

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Capstone Real Estate Services, Inc. Awarded Management of Harris County Community

June 1, 2012

Cypress Parc (fka Northwoods) Selects Capstone for New Management

Houston, TX - Capstone Real Estate Services, Inc. has assumed management of Cypress Parc Apartments, a 200-unit market rate community located in Houston, TX. Formerly known as Northwoods Apartments, the property is scheduled to undergo a multi-million dollar renovation. Plans include a new fitness center, new roof, new access gates, full exterior paint, and amenity improvements to the pool, playground and volleyball court. Units are being upgraded as well. Capstone has had a continuous presence in the Houston market since 1978, and currently manages approximately 29 properties and 4,840 units in the Greater Houston area. In business for over forty years, Capstone boasts an extensive and accomplished history in property management.

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Capstone Wins Again at the 2011 Apartment Association of Southeast Texas Awards

January 1, 2012

Three Capstone Employees Receive Accolades at the Annual Awards Ceremony

Beaumont, Texas - The Apartment Association of Southeast Texas held its annual awards ceremony on December 13, 2011 to honour outstanding apartment industry professionals. The criterion for these awards ensure that each individual recognized exemplifies outstanding property management, and is therefore considered exceptional in the industry. Capstone is proud to announce three team members received awards this year.

The AASET begins the process of choosing winners by sending out nomination forms to its members. Once the association has received back the forms, a nominating committee meets and determines the winners. The committee chooses winners by considering nominees’ participation in the AASET, including attendance at board meetings, community service, participation in association activities, and participation in instruction/continuing education.

This year, three valued Capstone employees were able to take home three major awards. Lisa McLemore, District Manager, was given the...

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Capstone Wins Big at the 2011 San Antonio Apartment Association Property of the Year Awards

January 1, 2012

Midcrown I & II Wins Best Senior Property and Debbie Wiatrek is Instructor of the Year

San Antonio, Texas - The 2011 San Antonio Apartment Association Awards were held on December 8, 2011 to honour properties chosen as Property of the Year in individual categories as well as recognize exemplary performance by apartment industry workers. The criterion for these awards ensure that each property and individual recognized exemplifies outstanding property management, and is therefore considered truly a winner in the industry.

For the property awards, the San Antonio Apartment Association first requests documentation from each nominee. The documentation includes data regarding occupancy, delinquency, collections, pictures of the property, etc. Then, a panel of industry professionals visits the property and interviews the staff. There is a scoring process which takes into account the exterior condition of the property, the office, a property tour, property operations and maintenance.

Once all of these have been scored, a winner is chosen. Capstone is proud to...

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Capstone Managed Property Wins National Award

January 1, 2012

2011 Charles L. Edson Tax Credit Excellence Award Given to LEED Platinum Certified Silver Gardens Apartments

Albuquerque, NM - Capstone Real Estate Services, Inc. is pleased to announce that Silver Gardens, an affordable housing development located in downtown Albuquerque, has received the 2011 Charles L. Edson Tax Credit Excellence Award. Project developer, Theresa Bell of Romero Rose, was presented the award by Sen. Jeff Bingaman at a ceremony on Capitol Hill in Washington, DC.

The Charles L. Edson award is presented to the nation’s most outstanding affordable rental housing development that receives a portion of its funding through the Low Income Housing Tax Credit program. Silver Gardens won its award in the “Green Housing” category.

Capstone is excited to have been involved with the 66-unit Silver Gardens from the beginning. The project is the first affordable housing development in the Southwest to achieve LEED (Leadership in Energy and Environmental Design) Platinum certification, which is the highest environmental certification possible. Additionally,...

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Capstone Real Estate Services, Inc. Hires Jeffrey D. Chew

Experienced Property Management Professional is New District Manager for Capstone’s Florida Region

Fort Lauderdale, FL - Capstone Real Estate Services, Inc. is pleased to announce that it has hired Jeffrey D. Chew as its new District Manager for the Florida Region. Mr. Chew began his career in the property management industry in 1986, and has over 25 years experience managing conventional, tax credit, new construction, and all classifications of commercial properties in the Florida market. As District Manager, Jeffrey assumes responsibility of a multi-faceted portfolio which continues to grow as Capstone increases its presence within the Florida market. Mr. Chew is a member of the Southeast Florida Apartment Association.

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Villas at El Dorado Selects Capstone for New Management

October 1, 2011

Capstone Real Estate Services, Inc. Awarded Management of Harris County Seniors Community

Houston, TX - Capstone Real Estate Services, Inc. has assumed management of Villas at El Dorado Apartments, a 159-unit affordable seniors community located in Friendswood, TX. A diverse background, coupled with the company’s growing tax credit and seniors portfolios and enthusiastic client endorsements, won Capstone the Villas at El Dorado contract. The property operates under the Low Income Housing Tax Credit (LIHTC) program, and all functions will be overseen by the company’s local Houston office. Capstone has had a continuous presence in the Houston market since 1978, and currently manages approximately 33 properties and 5,875 units in the Greater Houston area. In business for over forty years, Capstone boasts an extensive and accomplished history in property management, which includes substantial experience in the affordable housing market.

The company has managed properties operating under a wide spectrum of programs, such as LIHTC, RTC/AHDP Affordable Housing, Tax Exempt...

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Capstone-Managed Properties Win Coveted 2011 Property of the Year Awards

September 1, 2011

The Triangle Wins Best Mid/High Rise and Harris Branch is Best Affordable Property

Austin, Texas - The 2011 Austin Apartment Association Awards were held on June 16 to honor properties chosen as Property of the Year in each individual category. The criteria for these awards ensure that each property recognized exemplifies outstanding property management and is, therefore, considered truly a winner in the industry.

The Austin Apartment Association first evaluates each nominee with an independent, third-party shop of the staff. Three finalists in each category are chosen as a result of the shops. Next, each finalist is asked to submit names of staff members along with their positions and industry designations, as well as information regarding unique ways staff has handled marketing, resident retention and customer service. All finalists then undergo a detailed physical inspection of the maintenance and presentation of curb appeal, the grounds, common areas, offices, model apartments, visitor parking, maintenance shops and storage areas. Judges use these criteria to make...

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Capstone Real Estate Services, Inc. Announces Promotions

September 1, 2011

Hugh Cobb, CPM® is Chief Operating Officer and Grant Berkey, CPM® is new Senior Vice President

Austin, Texas - Capstone Real Estate Services, Inc. is pleased to announce the promotion of two of its executives. Hugh A. Cobb, CPM® has been promoted to the position of Chief Operating Officer and Grant Berkey, CPM® has been promoted to Senior Vice President.

As Chief Operating Officer, Mr. Cobb is now responsible for overseeing all facets of operations of Capstone’s 33,000 unit portfolio of 3rd-party fee management, nationwide. This multifamily portfolio consists of conventional, affordable and senior independent communities. Mr. Cobb joined Capstone in 1994 in the capacity of Regional Vice President. Since that time, the company has grown to one of the largest fee management companies in the nation. He has completed lease ups on over 28,000 units of new and renovated properties over the past 17 years. Mr. Cobb has also overseen the development and implementation of affordable housing training and oversight systems in Capstone’s growing consulting business. With...

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National Prominence: Overall Ranking

March 1, 2011

Capstone continues to be among the elite national management firms, managing approximately 40,000 multifamily units in over 135 different cities throughout the country from Florida to Texas to California. This portfolio size positions us as the 30th largest management company in the nation, as ranked by Multifamily Executive (MFE) magazine in 2011. Additionally, this places us among the 5 largest “third-party only” managers.

Our management portfolio encompasses a range of property types. Included are typical garden style multi-family housing; luxury high and mid rises; new construction lease ups; value added rehabs; independent living seniors, affordable housing; receiverships; student housing, military housing, etc. Our clients include institutional and corporate investors, banks, pension funds, partnerships, non-profits, government entities and individual investors.

Multi-Family Executive 2011 Top 50 Managers

Capstone is...

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New Mexico’s First LEED® Platinum Affordable Housing Complex Opens

March 1, 2011

Capstone Real Estate Services is Chosen As Management Company

Based on the experienced management team and systems that Capstone brings, this New Mexico project, first of its kind in many ways, is staged to be a success. There are only 5 such projects in the United States that meet this Platinum LEED status. The first in New Mexico, it will be a standard for all future developments to reach for in the coming years.

Not only unique from a construction perspective, Silver Gardens is also a performance standout. Within one week of opening its doors, the community was already 77% leased. This is reflective of a very assertive management approach to ensure the development is successful in every way. Capstone is pleased with its association with this exceptional community.

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