Core Insights - Capstone Development Partners has been a leader in student housing and campus facilities development since 1997, partnering with over 70 colleges and universities in the U.S. and delivering more than 50,000 student housing beds nationwide [3][4] - The acquisition of Capstone by Lincoln Property Co. aims to enhance Lincoln's capabilities in higher education infrastructure and broaden its reach in the student housing sector [4][7] - Recent trends in the student housing sector indicate a focus on off-campus transactions, with significant deals occurring, such as the sale of a portfolio of eight student housing properties valued at over $1 billion [5][6] Company Developments - Lincoln Property Co. has acquired Capstone Development Partners, which includes Capstone Management Partners, to strengthen its position in the development, financing, and operation of on-campus and university-affiliated housing [7] - Capstone will continue to operate under its name, powered by Lincoln, with its leadership team remaining in place to manage day-to-day operations and pursue new business opportunities [7]