Capstone Real Estate Services, Inc. Assumes Management of Downtown Albuquerque Properties

ALBUQUERQUE, NM - Capstone Real Estate Services, Inc. has recently assumed management for two mid-rise properties in Downtown Albuquerque, bringing Capstone’s downtown presence to 4 properties and 265 units. One community is a LEED Gold building, and the other is currently under construction and has applied for LEED Platinum certification.

Overall, Capstone manages 7 properties totaling approximately 600 units in Albuquerque and 15 properties totaling 1,100 units throughout New Mexico.  Capstone’s El Paso/New Mexico office was established in 1985. In business for over forty years, Capstone boasts an extensive and accomplished history in property management, with a continuous management presence in New Mexico since the mid-1980s.

Capstone Real Estate Services, Inc. is a full-service, third-party management firm presently managing approximately 33,000 multi-family units and 500,000 square feet of commercial space.  Founded in 1969, Capstone maintains 12 offices across 5 states and employs approximately 850 people in the field of property management, and its portfolio extends to over 75 cities.  The size of Capstone’s portfolio ranks the company as one of the 15th largest third-party management firms in the nation.

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TerraCap Management Acquires 360-Unit Tresa at Arrowhead Apartment Community in Growing Phoenix Submarket of North Glendale, Arizona PHOENIX, AZ - TerraCap Management LLC, a privately held investment firm with its headquarters in Naples, FL, announced today the acquisition of Tresa at Arrowhead Apartments, a 1998-built, 360-unit apartment complex located in the Arrowhead Ranch submarket of Phoenix, AZ. "Tresa's purchase profile...

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