Capstone Development Partners Announces Promotion within Its Construction Management Team

David Morrisey Promoted to Vice President of Construction Management for Capstone Development Partners

BIRMINGHAM, Ala., Nov. 2, 2022 /PRNewswire-PRWeb/ -- Capstone Development Partners ("Capstone"), a leader in the on-campus student housing development and P3 industry, today announced a promotion within the company's construction management division. David Morrisey has been promoted from Senior Construction Manager to Vice President of Construction Management.

David Morrisey brings more than 15 years of construction management experience with on-campus student housing, beginning his career at Capstone as a Quality Control Manager and advancing into Construction Manager and then Senior Construction Manager at the company. As Vice President of Construction Management, David will lead and oversee the company's Construction Management division, providing critical leadership to ensure Capstone continues its successful track record of delivering quality projects on-time and under budget. David has led the construction of over 3,000 beds of housing on campuses including that of the University of Massachusetts Boston and Arizona State University. He is currently leading Capstone's construction team on the construction of the new Portland Commons Residence Hall and Career & Student Success Center at the University of Southern Maine in Portland, ME, opening in 2023.

David's appointment to Vice President reflects the advancement and growth efforts of Capstone, as it looks ahead to 2023 and beyond. Capstone is enjoying continued growth nationally across its student housing platform, with a 2 to 3-year development and management pipeline of approximately 4,300 beds valued at more than $1 billion.

"We are pleased to recognize David with this well-deserved promotion to Vice President of Construction Management. David brings several years of experience in on-campus student housing construction on college campuses across the country. We are excited to watch David's continued growth within Capstone and the positive impact his leadership will have on our team and our projects," said William Davis, Chief Development Officer at Capstone.

About Capstone Development Partners

Capstone Development Partners, LLC is a leading student housing developer in the on-campus and university-affiliated student housing market. The company has offices in Birmingham, Alabama and Denver, Colorado. Its principals, Jeff Jones and Bruce McKee, have 55 years combined experience as leaders in the higher education student housing sector specializing in the development and management of on-campus student housing through Public-Private Partnerships. Since 1997, the principals of Capstone have partnered with 70 public and private colleges and universities and delivered more than 50,000 beds of student housing nationwide.

Media Contact

Nicole Warren, Capstone Development Partners, 205-949-5052, nwarren@capstonemail.com

SOURCE Capstone Development Partners