Capstone Real Estate Services Awarded Management of Three Affordable Texas Apartment Communities

AUSTIN, TX - Capstone Real Estate Services, Inc. announced today, that they have been awarded management of the following Texas Apartment communities:

Cypress Place a 76-unit, LIHTC new construction apartment community in Beaumont, TX. Cypress Place is conveniently located in the heart of the city.

Chaparral Townhomes a 126-unit, LIHTC townhome community in Allen, TX. Chaparral Townhomes are located in Allen, a suburb north of Dallas.

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.

Capstone ranks as the 10th largest affordable housing management company in the country, due in large part to over 45 years of managing LIHTC, RTC/AHDP Affordable Housing, Tax Exempt Bond, HUD Project-Based Section 8, and Public Housing properties. Furthermore, Capstone’s Compliance Services department offers extensive support, training and monitoring services to both Capstone properties and as a 3rd party consultant.

Capstone is a full service, third party management firm presently managing approximately 34,000 multi-family units. Founded in 1969, Capstone Real Estate Services has enhanced our clients’ investments by creating quality living and working environments. For more information, please visit info@capstonemanagement.com

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