The Capstone Group is a privately held real estate investment firm specializing in the acquisition, management and redevelopment of underperforming properties in the U.S. Since 1969, Capstone and its predecessor company, Financial Packaging Companies, have managed commercial properties in more than 40 states. The company’s target market includes retail and other commercial properties valued between $3 million and $20 million in secondary and tertiary markets, with a special emphasis on community and neighborhood shopping centers.
Capstone has a proven ability to deliver high risk-adjusted returns through opportunistic investment in low-profile markets: Since its founding in 2001, Capstone’s portfolio of properties has produced a 27% gross IRR for its investors.
Capstone’s ability to generate strong returns for its investors stems from its ability to identify properties with unrealized value, create innovative strategies to capture that value, and apply its unique management experience to execute those strategies and maximize property values, especially in secondary and tertiary markets. Strategies Capstone has utilized to create value in the past include property renovations and/or repositioning, aggressive cost management, and proactive tenant management.
Headquartered in Madison, New Jersey, Capstone’s experience extends through all stages of the real estate cycle and includes challenging circumstances, such as property obsolescence, deferred maintenance, high vacancy rates, new competition, community decline, anchor tenant bankruptcy, and natural disasters.