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Big Move: Lincoln Property Company Joins Forces with Capstone Development Partners

Tuesday, November 18, 2025
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In a major industry shift, Lincoln Property Company has taken over Capstone Development Partners. This deal brings together two big names in real estate, focusing on student housing and university facilities.

Capstone Under Lincoln's Umbrella

  • Capstone, known for its work with colleges, will now operate under Lincoln's umbrella.
  • This means bigger resources and a stronger team for both companies.

Capstone's Legacy and Expansion

  • Founded in 1990, Capstone has worked with over 70 universities.
  • Specializes in creating housing and facilities tailored to each school's unique needs.
  • With Lincoln's support, Capstone can now expand its reach and offer more tailored solutions.

Leadership Changes and Future Growth

  • William Davis, Capstone's Chief Development Officer, will now lead as Managing Principal.
  • Co-founders Bruce McKee and Jeff Jones will stay on to ensure a smooth transition.
  • Lincoln's vast resources and expertise will help Capstone grow and improve its services.

A Strategic Partnership

  • This partnership is a big deal for both companies.
  • Allows them to better meet the changing needs of universities across the country.
  • By combining their strengths, they aim to create innovative and valuable campus communities.

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