Elmwood Plaza Shopping Center

Capstone purchased this 330,000 sf shopping center in southeast Wisconsin. The property suffered from deferred maintenance, lack of strong tenancy and a significant environmental problem. Within two years, the property was physically improved, re-tenanted and environmentally remediated. It was sold for a 50% profit over its purchase price which resulted in investor returns exceeding 25%.

PRC Building

Capstone represented a large, privately-held insurance company in the purchase of this 140,000 sf former call center in Miami, Florida for $16 million. We sourced the property, negotiated the contract, performed all due diligence and closed on its acquisition. The client was offered $22 million for the property within 30 days after closing.

30 Canvasback

Capstone purchased an oceanside home in Sea Pines Plantation on Hilton Head Island, South Carolina, demolished the existing structure and developed this magnificent 6 bedroom, 5-1/2 bath beach house.

 The Atrium of Belleville

Cerulean Partners, LLC, in conjunction with Inland Private Capital Corporation, purchased The Atrium of Belleville, a 76-unit independent living community for seniors. The property, purchased in September of 2011, is in Belleville, IL, a community located in the metro east area of suburban St. Louis. It was purchased from Brookdale Senior Living, the largest owner/operator of senior living communities in the country, and is scheduled for a $1.5 million capital improvement program.