

Specializing in Acquisitions, Development, Tax Exempt Entity Sale Leasebacks and Consultation
Our Mission
Capstone Properties seeks to share the value it helps to produce,
as it has for over 30 years, in commercial real estate properties
for its members, investors, tenants, and tenant owners, through
creative solutions to complex opportunities.
Services
Aquizitions
Capstone pursues sale leaseback opportunities that
fit its acquisition model, which provides owner tenants
with “a second bite at the apple at no cost” by way of
a tested structure which Capstone considers proprietary.
Development
Capstone pioneered a development structure to provide
tenants with equity appreciation and participation without
a cash investment in the real estate they occupy.
Tax Exempt Entity
Sale Leasebacks
Capstone has developed an acquisition strategy for the sale
leaseback of tax exempt (e.g., not-for-profit healthcare, schools,
government) entity real estate that provides such owning entity
with substantial benefits not found in traditional sale leasebacks.
WHO WE ARE
Joseph E. Settle III
Principal
Steve A. Bovell
Principal
Acquisitions
Capstone pursues sale leaseback opportunities that
fit its acquisition model, which provides owner tenants
with “a second bite at the apple at no cost” by way of
a tested structure which Capstone considers proprietary.
Development
Capstone pioneered a development structure to provide
tenants with equity appreciation and participation without
a cash investment in the real estate they occupy.
Tax Exempt Entity
Sale Leasebacks
Capstone has developed an acquisition strategy for the sale
leaseback of tax exempt (e.g., not-for-profit healthcare, schools,
government) entity real estate that provides such owning entity
with substantial benefits not found in traditional sale leasebacks.
Consulting
Where real estate issues exist for an owner or tenant that do not
fit into any of Capstone’s other pursuits or activities, Capstone,
due to the legal, tax, development, and financial backgrounds and
experience of its principals, offers consulting services for solutions
to complex real estate matters.

CONTACT US!

OUR ADDRESS:
P.O. Box 1936, Fort Oglethorpe, GA 30742
For any general inquiries, please fill in the following contact form:
3800 St. Elmo Ave., Suite 329, Chattanooga, TN 37409