Artificial Intelligence
Builders Company
Developers/CapRidge Partners
CP
CapRidge PartnersAustin, United States · founded 2012 · 1 active markets
PRIVATE

CapRidge Partners acquires, renovates, manages, and sells value-add office and light-industrial properties in high-growth U.S. markets. Its vertically integrated model serves institutional investors, tenants, and communities through in-house investment, asset management, property management, leasing, engineering, and project-advisory teams across projects.

Years in business
14
founded 2012
LinkedIn headcount
27
employees, as shown on LinkedIn · size band 11–50
Portfolio value
USD 650 million portfolio value
as the company states it
Total projects
41 office buildings
across the company’s whole history
Projects last researched October 16, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
CapRidge Partners, LLC1
Headquarters
1301 S Mopac Expy.1, Austin1, United States
Founded
20121
Entity type
PRIVATE1
Business model
commercial1
Markets
1 market listed
What they build
Office (6 of 6)
Full dossier in About →

Delivery record

3 date-assessed of 6 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-16 through 2026-10-16, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
6
within the rolling ten-year window
Median delay
−0.5 mo
the middle of 3 scored projects
Average delay
−0.5 mo
the same projects, pulled by the worst
Average time to deliver
1.9 yrs
start to completion, over 3 delivered projects
Worst slip
−0.5 mo
Memorial Tower I — renovation · −7.0 to +6.0
3
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

3 date-assessed here · 283 developers, 1063 date-assessed projects in United States
Median delay
CapRidge Partners·283 developers in United States
−0.5 mo vs +4.5 mo
this developer 5.0 mo better
The typical project on each side.
Average delay
CapRidge Partners·283 developers in United States
−0.5 mo vs +7.4 mo
this developer 7.9 mo better
Both pulled by their worst few.
On time
CapRidge Partners·283 developers in United States
100% vs 56%
this developer 44 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
CapRidge Partners·283 developers in United States
1.9 yrs vs 2.8 yrs
this developer 0.9 yrs faster
Start to completion, over 3 delivered here and 871 in the market.
Projects and timelines in Track Record →

Resident experience

2 of 6 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
8.3/ 10
Weighted judgment across build and operations · from 2 of 2 rated buildings
Little structure evidence (0 of 2 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
—/ 10
Fabric, services, waterproofing, envelope · from 0 of 2 rated buildings
Management & living
8.0/ 10
Upkeep, response times, amenities, community · from 2 of 2 rated buildings

Against other developers

not enough rated buildings yet
Not enough rated buildings in United States yet to compare against.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • FINANCIAL DISTRESS Default: December 2023; receivership: January 12, 2024; foreclosure filing: March 2024; foreclosure auction: October 2, 2024 The Solarium office building, owned by CPVF II Solarium LLC, an affiliate of CapRidge Partners, went into loan default after the December 2023 maturity date; a receiver was appointed in January 2024, foreclosure paperwork was filed in March 2024, and a foreclosure auction transferred ownership to LBC3 Trust on October 2, 2024.
  • FINANCIAL DISTRESS Occupancy reported for year-end 2022; loan expiration: June 2023; deed-in-lieu finalized: September 2023 At Gramercy Center, which CapRidge Partners sold to ATCAP in 2017, occupancy declined to 64.5% by the end of 2022; after the loan expired in June 2023 and the lender declined an extension, the loan was sold and a deed-in-lieu of foreclosure was finalized in September 2023.
  • FINANCIAL DISTRESS Loan maturity: 2023-12-10; receivership reported: 2024-01-17; foreclosure filing reported: 2024-03-08; foreclosure completed: 2024-10-02; reporting retrieved as published 2024-01-17 to 2025-01-28. Solarium, a Greenwood Village (Denver Tech Center) office property owned by CPVF II Solarium LLC, an affiliate of Austin-based CapRidge Partners, entered receivership and foreclosure after the lender reported that the borrower failed to repay a $20.39 million loan at its December 10, 2023 maturity; the property was subsequently acquired by LBC3 Trust at a foreclosure auction on October 2, 2024, so this is a resolved ownership event rather than an active CapRidge project.
Record status
active
Company sources
67 source entries across 67 fields
Projects tracked
6 · 6 completed in assessment
All flags and sources →

Track Record

Delivery record

3 date-assessed of 6 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-16 through 2026-10-16, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
6
within the rolling ten-year window
Median delay
−0.5 mo
the middle of 3 scored projects
Average delay
−0.5 mo
the same projects, pulled by the worst
Average time to deliver
1.9 yrs
start to completion, over 3 delivered projects
Worst slip
−0.5 mo
Memorial Tower I — renovation · −7.0 to +6.0
3
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

3 date-assessed here · 283 developers, 1063 date-assessed projects in United States
Median delay
CapRidge Partners·283 developers in United States
−0.5 mo vs +4.5 mo
this developer 5.0 mo better
The typical project on each side.
Average delay
CapRidge Partners·283 developers in United States
−0.5 mo vs +7.4 mo
this developer 7.9 mo better
Both pulled by their worst few.
On time
CapRidge Partners·283 developers in United States
100% vs 56%
this developer 44 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
CapRidge Partners·283 developers in United States
1.9 yrs vs 2.8 yrs
this developer 0.9 yrs faster
Start to completion, over 3 delivered here and 871 in the market.
The market here is United States: every other developer whose head office is in the same country, because planning regimes and reporting norms move together within one. It is not a city, a sector or a size band. Read the two delay figures together. A median close to the market with a much better average means no single disaster; the reverse means one project is carrying the record. Time to deliver runs from the earliest start we hold to the completion itself — a construction start where a source gave one, otherwise a sales launch, otherwise the launch year read as its January. A handover the sources place only inside a year is read as that December, so a duration is the widest the record allows rather than the flattering end of it. Only delivered projects dated at both ends count, so it is taken over fewer projects than the delay figures, and a long build is not a fault: a tower is not a villa run. Sourced figures only, both sides, and values taken from documents held on file are excluded here — a developer who shares their records should not score better than one who does not.

Construction start to handover

6 of 6 projects dated · 3 places
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Houston, United States
Charlotte, United States
Austin, United States
20172018201920202021202220232024202520262027todayHOUSTON, UNITED STATEScompleted, no target published−0.5 moverified−0.5 moverified−0.5 moverifiedCHARLOTTE, UNITED STATEScompleted, no target publishedAUSTIN, UNITED STATEScompleted, no target published
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 5 turned out to be about something else — a phase, a neighbour, the wider masterplan — and are marked off-subject.

Building & Livability Ratings

Resident experience

2 of 6 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
8.3/ 10
Weighted judgment across build and operations · from 2 of 2 rated buildings
Little structure evidence (0 of 2 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
—/ 10
Fabric, services, waterproofing, envelope · from 0 of 2 rated buildings
Management & living
8.0/ 10
Upkeep, response times, amenities, community · from 2 of 2 rated buildings

Against other developers

not enough rated buildings yet
Not enough rated buildings in United States yet to compare against.

By building

2 rated · 4 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Carmel Park — renovationCharlotte
8.5/ 10
—/ 10
8.5/ 10

The largest located review aggregate is Birdeye’s 4.5/5 from 21 reviews, which converts to 8.5/10 under the specified curve. No recurring complaint or praise theme was supported by multiple accessible review texts, and the second Birdeye directory snapshot reports the same 4.5 rating with 20 reviews rather than a materially different score.

+ Updated common areas+ Updated bathrooms+ Updated elevator lobbies+ Courtyard improvements
+ Responsive property management and maintenance+ On-site conference center+ Courtyard with outdoor seating+ Walkable retail amenities+ On-site management and maintenance

Published property material describes more than $4 million in capital improvements, including updated common areas, bathrooms, elevator lobbies and courtyard. The available review page did not expose a substantive infrastructure complaint or structural-failure report; the positive condition evidence is therefore mainly dated property/listing material rather than current resident testimony.

The accessible aggregate is 4.5/5, but the page exposed no meaningful review text about staff, security or upkeep. Property listings describe “responsive property management and maintenance,” an on-site conference center and courtyard seating; these are promotional/listing claims, and the strongest renovation and service evidence dates from CapRidge’s 2015–2019 ownership period.

Lakewood on the Park — Building B renovationAustin
8.1/ 10
—/ 10
7.5/ 10

The only published aggregate located is Google’s 5/5 from 4 reviews for the Lakewood on the Park property listing, treated as cluster-level evidence for Buildings B and C rather than a Building-B-only rating. Because the anchor has fewer than 10 reviews, the prescribed rule limits the score to within one point of 6.5; positive comments support the upper end of that range, while no recurring negative theme was reported.

+ Renovated common areas+ Upgraded bathrooms+ Renovated corridors+ Fitness center added+ MEP upgrades planned and common-area renovation completed
+ Class A property management+ Quiet wooded setting+ Bull Creek access+ Fitness center+ Tenant lounge and grab-and-go amenities

Published property materials report that CapRidge completed renovations to the restrooms and corridors and added fitness, conference, and grab-and-go food amenities; a leasing page describes Building B as renovated in 2017 and offering a move-in-ready suite. The visible review describes a “class a office building” with “class a finish out,” but no reviewed source located a structural failure, leak, HVAC, plumbing, electrical, or waterproofing complaint specific to Building B.

The visible review praises the “class a property management,” calls the site “quiet” and “secluded,” and says occupants can walk around the building in the shade of the trees. Published leasing and owner materials also describe a fitness center, tenant lounge, conference facilities, food amenity, structured parking, outdoor recreation, and Bull Creek trail access; no recurring operational complaint was found.

Only buildings that have reached handover are rated. 4 of 6 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
CapRidge Partners, LLC
Headquarters
1301 S Mopac Expy., Austin, United States
78746
Founded
2012
Austin, US
Entity type
PRIVATE
Revenue
USD 17.6 million annual revenue
Business model
commercial

Partners

5 partners
Unilev Capital Corp.
joint venture

CapRidge acquired a three-property Houston office portfolio from a partnership led by Unilev Capital Corp.

New York Life Insurance Company / New York Life Real Estate Investors
funder

New York Life provided the acquisition financing for CapRidge's Houston office portfolio through New York Life Real Estate Investors.

HFF
partner

HFF marketed the Houston portfolio, procured CapRidge as buyer, and arranged the acquisition financing.

Stream Realty Partners
operator

Stream Realty Partners handled leasing for the Houston properties.

Transpak
operator

Transpak developed Manor Business Park and occupies the entire building through 2030.

Sources: name

COMPANY2019-04-09

Austin's CapRidge Partners Buys Trio of Houston Office Buildings

CapRidge Partners
CapRidge acquired the buildings ... from a partnership led by California-based Unilev Capital Corp.
value seen: Unilev Capital Corp.
https://capridgepartners.com/capridge-buys-houston-office-buildings/

Sources: partner type

COMPANY2019-04-09

Austin's CapRidge Partners Buys Trio of Houston Office Buildings

CapRidge Partners
CapRidge acquired the buildings ... from a partnership led by California-based Unilev Capital Corp.
value seen: partnership led by Unilev Capital Corp.
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://capridgepartners.com/capridge-buys-houston-office-buildings/

Sources: summary

COMPANY2019-04-09

Austin's CapRidge Partners Buys Trio of Houston Office Buildings

CapRidge Partners
CapRidge acquired the buildings at 1616 S. Voss Road, 7500 San Felipe St. and 6363 Woodway Drive near the Houston Country Club, on the Bayou City’s west side, from a partnership led by California-based Unilev Capital Corp.
value seen: CapRidge acquired the buildings from a partnership led by California-based Unilev Capital Corp.
held out of the figures · the quote does not carry this value
https://capridgepartners.com/capridge-buys-houston-office-buildings/

Sources: name

PRESSdate not shown in source

CapRidge Partners Buys Houston Office Portfolio

CommercialSearch
New York Life Insurance Co. provided the $91.3 million financing set to mature in April 2023, according to public records.
value seen: New York Life Insurance Co.
https://www.commercialsearch.com/news/capridge-partners-buys-houston-office-portfolio/

Sources: partner type

PRESSdate not shown in source

CapRidge Partners Buys Houston Office Portfolio

CommercialSearch
New York Life Insurance Co. provided the $91.3 million financing set to mature in April 2023, according to public records.
value seen: financing
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://www.commercialsearch.com/news/capridge-partners-buys-houston-office-portfolio/

Sources: summary

PRESSdate not shown in source

CapRidge Partners Buys Houston Office Portfolio

CommercialSearch
New York Life Insurance Co. provided the $91.3 million financing set to mature in April 2023, according to public records.
value seen: provided the $91.3 million financing
https://www.commercialsearch.com/news/capridge-partners-buys-houston-office-portfolio/

Sources: name

PRESSdate not shown in source

CapRidge Partners Buys Houston Office Portfolio

CommercialSearch
HFF facilitated the deal and also arranged a four-year, floating-rate acquisition loan for the buyer.
value seen: HFF
https://www.commercialsearch.com/news/capridge-partners-buys-houston-office-portfolio/

Sources: partner type

PRESSdate not shown in source

CapRidge Partners Buys Houston Office Portfolio

CommercialSearch
HFF facilitated the deal and also arranged a four-year, floating-rate acquisition loan for the buyer.
value seen: HFF facilitated the deal and also arranged
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://www.commercialsearch.com/news/capridge-partners-buys-houston-office-portfolio/

Sources: summary

PRESSdate not shown in source

CapRidge Partners Buys Houston Office Portfolio

CommercialSearch
HFF facilitated the deal and also arranged a four-year, floating-rate acquisition loan for the buyer.
value seen: HFF facilitated the deal and arranged the acquisition loan
held out of the figures · the quote does not carry this value
https://www.commercialsearch.com/news/capridge-partners-buys-houston-office-portfolio/

Sources: name

PRESSdate not shown in source

CapRidge Partners Buys Houston Office Portfolio

CommercialSearch
Stream Realty Partners’ Craig McKenna and Matthew Asvestas are handling leasing for properties.
value seen: Stream Realty Partners
https://www.commercialsearch.com/news/capridge-partners-buys-houston-office-portfolio/

Sources: partner type

PRESSdate not shown in source

CapRidge Partners Buys Houston Office Portfolio

CommercialSearch
Stream Realty Partners’ Craig McKenna and Matthew Asvestas are handling leasing for properties.
value seen: handling leasing
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://www.commercialsearch.com/news/capridge-partners-buys-houston-office-portfolio/

Sources: summary

PRESSdate not shown in source

CapRidge Partners Buys Houston Office Portfolio

CommercialSearch
Stream Realty Partners’ Craig McKenna and Matthew Asvestas are handling leasing for properties.
value seen: handling leasing for properties
https://www.commercialsearch.com/news/capridge-partners-buys-houston-office-portfolio/

Sources: name

COMPANYdate not shown in source

Manor Business Park | CapRidge Partners | Commercial Real Estate

CapRidge Partners
The building delivered in Q3 2024 and was developed by Transpak (transpak.com), who will occupy the entire building until 2030.
value seen: Transpak
https://capridgepartners.com/portfolio/manor-business-park/

Sources: partner type

COMPANYdate not shown in source

Manor Business Park | CapRidge Partners | Commercial Real Estate

CapRidge Partners
The building delivered in Q3 2024 and was developed by Transpak (transpak.com), who will occupy the entire building until 2030.
value seen: developed by Transpak, who will occupy the entire building
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://capridgepartners.com/portfolio/manor-business-park/

Sources: summary

COMPANYdate not shown in source

Manor Business Park | CapRidge Partners | Commercial Real Estate

CapRidge Partners
The building delivered in Q3 2024 and was developed by Transpak (transpak.com), who will occupy the entire building until 2030.
value seen: developed by Transpak ... occupy the entire building until 2030
https://capridgepartners.com/portfolio/manor-business-park/

Registrations & licences

COMPANY NUMBER0801632879
Texas Secretary of State · US · ACTIVE
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
United Statesactive 6 projects tracked

What they build

1 type
Office6 of 6
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
SB
Stuart Bernstein
Current title
Owner and Partner
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
nothing tagged

Sources: title

REGULATOR2023-04-04

Governor Abbott Appoints Three To Texas Real Estate Commission

Office of the Texas Governor
Stuart Bernstein of Austin is owner and partner at CapRidge Partners.
value seen: owner and partner at CapRidge Partners
https://gov.texas.gov/news/post/governor-abbott-appoints-three-to-texas-real-estate-commission-
TS
Tom Stacy
Current title
Founder
since 2012
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
nothing tagged

Sources: since

COMPANY2020-09-24

Tom Stacy | CapRidge Partners | Commercial Real Estate Investors

CapRidge Partners
In 2012, he partnered with Steve LeBlanc, and together they founded CapRidge Partners, LLC.
value seen: 2012
value paraphrased from this source
https://capridgepartners.com/team/tom-stacy/

Sources: title

COMPANY2020-09-24

Tom Stacy | CapRidge Partners | Commercial Real Estate Investors

CapRidge Partners
Tom Stacy Founder
value seen: Founder
https://capridgepartners.com/team/tom-stacy/
KB
Kevin Black
Current title
Chief Operating Officer & Partner
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
nothing tagged

Sources: title

COMPANY2020-09-24

Kevin Black | CapRidge Partners | Commercial Real Estate Investors

CapRidge Partners
Kevin Black Chief Operating Officer & Partner
value seen: Chief Operating Officer & Partner
https://capridgepartners.com/team/kevin-black/
DT
Dan Terpening
Current title
Chief Investment Officer
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
nothing tagged

Sources: title

COMPANY2020-09-24

Dan Terpening | CapRidge Partners | Commercial Real Estate Investors

CapRidge Partners
Dan Terpening Chief Investment Officer
value seen: Chief Investment Officer
https://capridgepartners.com/team/dan-terpening/
JL
Jason Levine
Current title
Managing Director
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
nothing tagged

Sources: title

COMPANY2020-09-24

Jason Levine | CapRidge Partners | Commercial Real Estate Investors

CapRidge Partners
Jason Levine Managing Director
value seen: Managing Director
https://capridgepartners.com/team/jason-levine/
JW
Jerry Walsh
Current title
Director of Property Management
since August 2015
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
nothing tagged

Sources: since

COMPANYdate not shown in source

Jerry Walsh | CapRidge Partners | Commercial Real Estate Investor

CapRidge Partners
Jerry joined CapRidge Partners in August 2015
value seen: August 2015
https://capridgepartners.com/team/jerry-walsh/

Sources: title

COMPANYdate not shown in source

Jerry Walsh | CapRidge Partners | Commercial Real Estate Investor

CapRidge Partners
Jerry Walsh is Director of Property Management with CapRidge Partners.
value seen: Director of Property Management
https://capridgepartners.com/team/jerry-walsh/

Projects

Assessment coverage

Completed projects: 2016-10-16 through 2026-10-16. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

6 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
12012 Wickchester — renovationHouston, United States
Energy Corridor
office—6——————Jan 2021 – Dec 2021—not scorablecompleted
Memorial Tower I — renovationHouston, United States
San Felipe/Voss
office—————2019Nov 20, 2019Jun 2020 – Aug 2020Jan 2020 – Dec 2020−0.5 mo
(−7.0 to +6.0)
sourcedcompleted
Memorial Tower II — renovationHouston, United States
San Felipe/Voss
office—————2019Nov 20, 2019Jun 2020 – Aug 2020Jan 2020 – Dec 2020−0.5 mo
(−7.0 to +6.0)
sourcedcompleted
Woodway Tower — renovationHouston, United States
San Felipe/Voss
office—————2019Nov 20, 2019Jun 2020 – Aug 2020Jan 2020 – Dec 2020−0.5 mo
(−7.0 to +6.0)
sourcedcompleted
Carmel Park — renovationCharlotte, United States
office—4——————Nov 2019—not scorablecompleted
Lakewood on the Park — Building B renovationAustin, United States
office—3——————Jan 2017 – Dec 2017—not scorablecompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

2 found
COMPANY AWARD Winner 2016
Fund Awards
CapRidge Partners was listed as one of the winners of Wealth & Finance International’s 2016 Fund Awards.
COMPANY AWARD Winner 2015
Vision Award
Tom Stacy, identified as a founding partner of CapRidge Partners, received ULI Austin’s inaugural Vision Award for his leadership and lasting contribution to the Central Texas region.

Risks

Risk flags

3 found
FINANCIAL DISTRESS Default: December 2023; receivership: January 12, 2024; foreclosure filing: March 2024; foreclosure auction: October 2, 2024
The Solarium office building, owned by CPVF II Solarium LLC, an affiliate of CapRidge Partners, went into loan default after the December 2023 maturity date; a receiver was appointed in January 2024, foreclosure paperwork was filed in March 2024, and a foreclosure auction transferred ownership to LBC3 Trust on October 2, 2024.
FINANCIAL DISTRESS Occupancy reported for year-end 2022; loan expiration: June 2023; deed-in-lieu finalized: September 2023
At Gramercy Center, which CapRidge Partners sold to ATCAP in 2017, occupancy declined to 64.5% by the end of 2022; after the loan expired in June 2023 and the lender declined an extension, the loan was sold and a deed-in-lieu of foreclosure was finalized in September 2023.
FINANCIAL DISTRESS Loan maturity: 2023-12-10; receivership reported: 2024-01-17; foreclosure filing reported: 2024-03-08; foreclosure completed: 2024-10-02; reporting retrieved as published 2024-01-17 to 2025-01-28.
Solarium, a Greenwood Village (Denver Tech Center) office property owned by CPVF II Solarium LLC, an affiliate of Austin-based CapRidge Partners, entered receivership and foreclosure after the lender reported that the borrower failed to repay a $20.39 million loan at its December 10, 2023 maturity; the property was subsequently acquired by LBC3 Trust at a foreclosure auction on October 2, 2024, so this is a resolved ownership event rather than an active CapRidge project.

Record status

active
Coverageactive
Tracked sinceOctober 10, 2026
Last checkedOctober 16, 2026 this month
Profile last researchedOctober 16, 2026
Claim
Work for this company? Claiming lets you correct the record with sources and get alerts when it changes.
For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.