Chianne Capel
+1 919 230 2300
Denise Wildblood
+1 919 608 9939
Denise Wildblood
+1 919 608 9939
Chianne Capel
+1 919 230 2300
about
Passion for our job
Shenandoah Homes, Capital Properties, and Capital Grading comprise a vertically aligned organization that specializes in entitlement, development, and construction of residential communities and apartments across the Triangle and North Carolina. Uniquely structured as both the developer and builder, our organization is equipped to provide an exceptional experience from start to finish. Capital Properties entitles and closes on unimproved land, Capital Grading then develops the land “turn key” to provide lots and building pads for vertical construction, and Shenandoah Home completes the process by building houses and apartments for the end customer. Our team of seasoned professionals is always prepared to go the extra mile to ensure customer satisfaction at every level. We are committed to creating extraordinary communities that stand the test of time in terms of quality and style.
Our promise to you:
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We will create neighborhoods that are an asset to the community in which they are built.
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We will conduct our business with integrity, courtesy, and respect.
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We will work as a team to satisfy our homebuyers, enhance our community, and leave behind a lasting legacy of pride.
David Stallings, President
-Shenandoah Homes
Builder story
With his family in the Triangle area. Although a relative newcomer to home building, David has made real estate his primary business focus, having made substantial investments in land and commercial properties. In 2001, David started to purchase commercial real estate as an owner/occupant, leasing residual space to other businesses. In 2009, he decided to focus on real estate development and created Capital Properties of North Carolina. As the owner of Capital Properties, David has so far made 25 debt and asset acquisitions totaling over $45 million in acquisition cost.
By purchasing underperforming assets during the recent market downturn and repositioning them, the company has been able to grow as the market has recovered. Today, the company is thriving in a rebounding 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 underway, Capital Properties is well-positioned for the current real estate cycle.
With the success of Capital Properties, Shenandoah Homes was a perfect fit to add to his portfolio of businesses. David has assembled a team of locally experienced and highly dedicated home-building professionals to create an innovative and cutting-edge business model. Providing exceptional value and quality in highly desirable locations while making the home buying experience and customer service its number one priority, Shenandoah Homes will become a builder of choice for home buyers and realtors in the Triangle marketplace. David has a BSBA in Business from the University of North Carolina at Chapel Hill as well as a Master's in Accounting from the University of North Carolina at Chapel Hill’s Kenan-Flagler Business School.