Private real estate · Accredited investors
Access individual commercial real estate deals with experienced operating partners. Know the asset, understand your ownership, and meet the people behind the plan.
For individuals, physicians, executives and family offices.
Experience behind the conversation
Real estate is personal. So is the capital behind it. Adam’s real estate experience began in 2002 and spans property sales, acquisitions and investing alongside operators. Capstaq brings that perspective to investors who want to understand an opportunity before making it part of their lives.
Start where you are
You want to understand what you would own, who is watching your money, and what happens if something goes wrong. That is where we start, in plain language, before any deal.
Read: your first private dealYou know what a waterfall is and you have read enough offering documents. You want to know what is different here: the structures, the vetting, and the fact that our founder is in the deals with you.
Read: what is different hereYou are used to being the one in control. You want to know how to judge an operator the way you would judge a property, and what passive really means.
Read: how to judge an operatorYour capital. Your path.
Start with the capital you have.
Explore what may be eligible.
A new chapter for your real estate capital. Explore qualifying replacement property structures.
Not every private real estate investment qualifies. Eligibility depends on the property interest, transaction and exchange requirements. Review any proposed structure with your qualified intermediary and tax adviser before committing.
Discuss my exchange
Bring a longer-term perspective to your retirement account through eligible private real estate.
Account eligibility, custody, fees and tax treatment vary. Custodian acceptance is not an endorsement. Ask your custodian and tax adviser about prohibited transactions, potential taxes and the investment’s liquidity requirements.
Discuss my retirement capitalMarket Pulse
Commercial real estate investment activityThe Capstaq perspective: More activity is context—not a reason to skip the operator, financing or exit assumptions.
Source: JLL ResearchSelected projects & partner history
A closer look at the assets and operating experience behind our relationships. Current projects and past operator exits are labeled separately.
Ask about current opportunities
Hospitality · Goodyear, Arizona
Extended-stay hospitality in the Phoenix West Valley, with development and hotel operations led by Wealth.
Student housing · Austin, Texas
A single-asset development in the University of Texas off-campus housing market.
Medical office · Frisco, Texas
A completed sale from OGH’s published portfolio—shown as operator experience, not a Capstaq investment return.
The Capstaq approach
Access is only the beginning. A useful investment conversation makes the property, people, economics and risks understandable before you commit.
Meet the operator. Review relevant experience, who contributes capital, who receives fees and who makes decisions when the plan changes.
Understand the specific property, business plan and legal interest. GP equity, LP equity, a joint venture and a loan can carry very different rights. The documents—not the label—define your position.
Separate existing facts from forecasts. Examine where returns are expected to come from, the fees charged and the assumptions most sensitive to delays, costs, leasing and financing.
Ask how losses, capital calls, refinancing shortfalls and an extended hold would affect you. Collateral or priority may change a position; neither eliminates loss or liquidity risk.
The operating partner manages the asset and provides project reporting, offering documents, distributions and tax materials under its agreements and portal. Capstaq supports the investor relationship and helps route questions to the responsible team.
Develops, manages and reports on the property.
Evaluates, explains and supports the investor relationship.
Review the materials. Consult your advisers. Make the decision.
Start with your objective
Explore the questions behind your investment objective. The right conversation starts with your priorities.
Your next step
Tell us what you are looking for. We’ll start with your objectives and explain how to request current opportunity materials.
Share your objective and questions.
Review experience, eligibility, timing and commitment size.
Review official materials and speak with the team before deciding.
Request investor access
Start a direct email to Capstaq. No investment commitment.
For sponsors & operators
Before you begin
Capstaq focuses on accredited investors considering individual commercial real estate investments. Eligibility, permitted jurisdictions and investment minimums depend on the specific opportunity. Investor-country reach does not mean every offering is available in every country.
The focus here is deal-specific investing. The legal interest may be equity in a property-owning entity or a lender position, rather than direct title to a building. Review the structure and rights in the official documents; they differ by transaction.
Minimums are set for each offering. Capstaq focuses on substantial private real estate allocations, not small-share retail investing. Ask for the current minimum in the official materials for the deal you are considering.
Do not assume you can. Private real estate investments are generally illiquid and may be held longer than anticipated. The secondary-market concept is in development; it does not provide current liquidity or a right to sell.
The operator or designated administrator provides official investment documents, reporting, distributions and tax materials through its process and portal. Capstaq supports investor communication and helps connect you with the responsible team. Specific obligations are governed by the investment agreements.