Each member of the Capital Properties team provides critical support to the successful completion of all of our real estate ventures.
Mr. Stallings started his career as an investment banking analyst at Townsend Frew and Company in 1999. A regional healthcare focused investment banking firm specializing in mergers and acquisitions, capital raising and strategic analysis for medium sized healthcare companies. After investment banking, Mr. Stallings started Low Country Imports, a wine brand and vineyard business that purchased vineyards and grapes in 7 different countries and created wine brands that ultimately sold in 25 states within the U.S. Low Country Imports grew to sell over 100,000 cases per year among 12 different wine brands and owns vineyards in the Williamette Valley of Oregon.
During this time, Mr. Stallings started purchasing real estate as an owner/occupant and leasing additional space to separate tenants. Low Country Imports was sold in 2009 and Mr. Stallings decided to focus on real estate. Capital Properties was started making investments in 2001, but truly gained momentum in 2011. Since that date, Mr. Stallings, owner of Capital Properties, has made 25 debt and asset acquisitions totaling over $45 million in acquisition cost.
Today, the company is thriving in a bettering market. With over 1500 single family residential lots in various stages of development, 200,000 square feet of flex, office and retail commercial property and the development of 500 apartment units, Capital Properties is well positioned for the current real estate cycle.
Mr. Stallings has a BSBA in Business from the University of North Carolina at Chapel Hill as well as a Masters in Accounting from the University of North Carolina at Chapel Hill’s Kenan-Flagler Business School.