Capstone Building Corp.

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Capstone Building Corp. Since 1997, Capstone Building Corp. With an additional office in Tampa, Florida,
Capstone Building Corp.

has proudly served clients across the Southeast and beyond as a trusted general contractor, specializing in multifamily, senior living, build-to-rent, mixed-use and other complex construction developments and projects. Capstone Building Corp, headquartered in Birmingham, Alabama, is a trailblazing veteran leader in
the multifamily housing development industry. has completed a
diverse portfolio of over 130 projects in 22 states – seeing them through design development, pre-
construction, construction, and post-construction. continues to expand its reach while remaining rooted in its core values. Guided by its purpose to build relationships that matter and deliver value that lasts for its people,
clients, and communities, Capstone has established a client-focused approach and a culture of
exceeding expectations. Built on unconditional standards of performance, service, and integrity, the
company has earned a high rate of repeat business. Its extensive portfolio includes high-end, state-of-
the-art designs and mixed-use revitalization developments. For more information on Capstone Building Corp., visit www.CapstoneBuilding.com.

A new chapter of multifamily development is underway in New Port Richey, Florida!Colina Ridgewood will span 247,000 squa...
10/30/2026

A new chapter of multifamily development is underway in New Port Richey, Florida!

Colina Ridgewood will span 247,000 square feet and feature a mix of residential offerings, including 6 two-bedroom townhomes above 10,000 square feet of commercial space and 4 four-story apartment buildings with 224 units. The apartment units will consist of one-, two-, and three-bedroom options.

Combining quality construction, design, and long-term value for both residents and the surrounding area, this Florida development by The Dobbins Group will create a place that is both comfortable and connected. 🤝

🏡 A new financing opportunity for build-to-rent communities is here. What does it mean for developers?The U.S. Departmen...
10/29/2026

🏡 A new financing opportunity for build-to-rent communities is here. What does it mean for developers?

The U.S. Department of Housing and Urban Development (HUD) has issued Mortgagee Letter 2026-12, expanding access to FHA-insured financing for qualifying build-to-rent (BTR) communities.

This update creates another potential financing pathway while emphasizing the importance of aligning financing, design, and construction planning from the start.

Here are five things developers should know:

1. Two financing programs are available.
▪️ Section 221(d)(4): For new construction.
▪️ Section 223(f): For acquisition or refinancing of recently developed properties with a certificate of occupancy dated less than three years before application.

2. Eligibility matters.
Qualifying communities generally need at least five dwelling units on one contiguous site, professional management, and unified operation as a single rental property.

3. Accessibility remains essential.
Requirements for common-use areas and usable doors still apply. Addressing accessibility during design can help minimize costly revisions and delays.

4. Underwriting requires careful planning.
Operating expenses, maintenance, replacement reserves, and lease-up schedules all factor into evaluating a BTR project.

5. Long-term strategy is key.
HUD generally prohibits individual home sales and partial collateral releases during the insured loan term. Section 223(f)'s three-year property-age limit also makes timing critical.

What does this mean for BTR development? New financing options. More development opportunities. Greater rental housing potential.

At Capstone Building Corp., we believe identifying project requirements early and aligning construction planning with development goals are essential to successful project delivery.

Considering a build-to-rent project? Let's start the conversation. 🤝 Connect with Capstone Building Corp. to discuss your construction planning needs.

Located in the heart of Upstate South Carolina, Beaumont Mill, a Class A multifamily development, will feature 275 apart...
10/28/2026

Located in the heart of Upstate South Carolina, Beaumont Mill, a Class A multifamily development, will feature 275 apartment homes across 208,625 square feet of rentable space.

Developed by Taft Family Ventures and a local Spartanburg group, and designed as a community-driven development, Beaumont Mill will bring together modern and industrial features inspired by the historic mill, with conditioned corridors, elevators, a gym, and a central courtyard with a pool and gathering area. 🏭

We're excited to play a part in bringing this high-quality housing opportunity to Spartanburg, South Carolina.

10/27/2026

Take a look back at Capstone Building Corp.’s Second Annual Subcontractor & Vendor Appreciation Day at Greystone Country Club’s Legacy Course! 🏌️

From great moments on the course to time spent connecting with our valued partners, it was a day well spent celebrating the relationships that help make Capstone Building Corp. successful.

Thank you to everyone who helped make this event a success! We’re already looking forward to the next one.

We’re back with more highlights from our Second Annual Subcontractor & Vendor Appreciation Day last week!We’re grateful ...
10/26/2026

We’re back with more highlights from our Second Annual Subcontractor & Vendor Appreciation Day last week!

We’re grateful for the opportunity to bring our valued subcontractors and vendors together for a day of connection, friendly competition, and giving back in support of Grace House Ministries.

Thank you for being part of the Capstone Building Corp. community. Here’s to strong partnerships and building on our success together! 👏

Come visit us at Subcontractors Association of Alabama (SubAla)'s Meet the GCs Expo North Alabama on October 28th from 4...
10/26/2026

Come visit us at Subcontractors Association of Alabama (SubAla)'s Meet the GCs Expo North Alabama on October 28th from 4:00 - 7:00 PM at The Royal at Stovehouse Event Center in Huntsville, AL.

This tradeshow is a great opportunity to showcase our services and expertise while giving you the chance to build a strong partnership with our team. Stop by our exhibition booth to connect with us and network!

Register here: https://subala.starchapter.com/meetinginfo.php?id=26&ts=1790969099

Questions? Please contact Jenny Smith at [email protected] or 205-981-9594.

We hope to see you there!

Capstone Building Corp. was proud to host our Second Annual Subcontractor & Vendor Appreciation Day at Greystone Country...
10/22/2026

Capstone Building Corp. was proud to host our Second Annual Subcontractor & Vendor Appreciation Day at Greystone Country Club’s Legacy Course! ⛳️

From friendly competition on the golf course to time spent connecting with our valued partners, it was a wonderful opportunity to recognize the people who play such an important role in our success.

We were also proud to support Grace House Ministries, with donations collected throughout the day benefiting their mission of serving girls in foster care.

Thank you to all of our subcontractors, vendors, and partners for your continued trust and collaboration. We appreciate all that you do and look forward to building on these relationships for years to come! 🤝

The Gateway is taking shape in Orlando, Florida! 🌤This luxury multifamily apartment development will span more than 417,...
10/17/2026

The Gateway is taking shape in Orlando, Florida! 🌤

This luxury multifamily apartment development will span more than 417,000 square feet and feature 270 apartment homes within a five-story, gated community. Residents will have a variety of options, including smart studio, junior one-bedroom, and one-, two-, and three-bedroom floor plans.

Located in one of Orlando’s fastest-growing areas, The Gateway is designed to bring together intentional construction, modern amenities, and an exceptional resident experience.

We’re proud to support JBL Development, LLC, in bringing this vision to Central Florida.

Let’s take a look back at Heartsease at Calabash, in Calabash, North Carolina, where skilled craftsmanship meets coastal...
10/15/2026

Let’s take a look back at Heartsease at Calabash, in Calabash, North Carolina, where skilled craftsmanship meets coastal living. 🐚

The single-family rental cottage community features 158 craftsman-style cottages across nearly 40 acres and includes single-level floor plans, duplexes, and standalone cottages.

Just minutes from Ocean Isle, Holden, and Sunset beaches, residents enjoy access to over 30 golf courses, the Intracoastal Waterway, renowned seafood dining, and Myrtle Beach’s array of recreational offerings.

We’re thankful to EYC Companies for having entrusted us with their vision and for having had the opportunity to help bring this exceptional community to life.

Located on 48 acres in Birmingham, Alabama, The Current at Grants Mill will bring 330 upscale residences to the Irondale...
10/13/2026

Located on 48 acres in Birmingham, Alabama, The Current at Grants Mill will bring 330 upscale residences to the Irondale area, including garden-style apartments, townhomes, carriage houses, and cottage-style homes. 🏘️

With one-, two-, and three-bedroom floor plans and refined interior finishes, including stainless-steel appliances, quartz countertops, and tile showers with glass surrounds, this new residential community reflects the continued growth and demand for high-quality living spaces in the Birmingham area.

Developed by StoneRiver Company, we look forward to bringing this dynamic development to life.

Address

1200 Corporate Drive Suite 350
Hoover, AL
35242

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm
Saturday 9am - 5pm

Telephone

+12058035226

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