CREI Acquires Student Housing Community Near Oklahoma State University

Stillwater, Okla. — Capstone Real Estate Investments (CREI) has acquired Stillwater Flats, a community serving students attending Oklahoma State University in Stillwater. Completed in 2009, the property is located three blocks from the university’s Boone Pickens Stadium and offers a mix of one-, two- and four-bedroom fully furnished units. Shared amenities include a private parking garage, swimming pool and sundeck. The new ownership plans to convert the units into condominiums, which will be available for purchase in the coming weeks through a partnership with Keller Williams Realty Local. The seller and terms of the transaction were undisclosed.