WASHINGTON, D.C. MULTIFAMILY
Boundary Stone Capital
We turn D.C.'s most overlooked buildings into its most needed housing.
Our Strategy
Boundary Stone Capital addresses critical housing supply shortages in the D.C. region by transforming distressed assets into high-performing housing.
The Underserved Niche
D.C. has a severe shortage of family-sized housing. We buy distressed multifamily buildings and reconfigure them into large-format residences — a high-demand product with virtually no competition.
Value-Add Stabilization
We don’t do cosmetic flips. Every project gets full system replacements, structural upgrades, and modern finishes — institutional-grade renovations that force real capital appreciation.
Agency Debt Execution
We renovate to qualify for permanent, non-recourse Fannie Mae, Freddie Mac, or HUD financing — the most favorable long-term debt available, locking in strong returns at low risk.
Our Philosophy: Ikigai
Ikigai is a Japanese concept — “a reason for being.” It’s the intersection of what you love, what you’re good at, what the world needs, and what sustains you. It’s also the blueprint for how we built this firm.
PASSION (What We Love)
Revitalization
We love the craft of bringing buildings back to life. Taking neglected properties and making them safe, modern, and valuable — that’s what gets us out of bed.
VOCATION (What We Are Good At)
Execution
Construction, development, and finance under one roof. We manage every phase of a project in-house — from initial underwriting through final delivery.
MISSION (What The World Needs)
Family Housing
D.C. families need larger homes and there aren’t enough of them. We reconfigure buildings to create the housing this region is missing.
PROFESSION (What We Are Paid For)
Superior Returns
Distressed acquisitions, full renovations, and long-term stabilization. The playbook is proven and the returns reflect it.
DEVELOPED
PROJECTS
UNITS
DEVELOPMENT
Portfolio
14 completed projects across multifamily, land, and condominium developments — all in the D.C. market.
Multifamily Portfolio
The Randall | 2925-2929 Pennsylvania Ave SE13 Units
The Barry | 1953 19th Pl SE17 Units
The Stanton | 1625 & 1633 Morris Rd SE26 Units
The Highlands | 4010 & 4014 3rd St SE26 Units
Land Development
3427 & 3433 Wisconsin Ave NW49 Unit Site
Condominium Developments
Kingman Hill | 1844 Kalorama Rd NW4 Units
The Dixon | 2240 Ontario Rd NW8 Units
The Clifton | 1435 Clifton St NW8 Units
The Royce | 2152 Florida Ave NW4 Units
The Lofton | 3117 Georgia Ave NW10 Units
The Stevens | 5411 & 5413 9th St NW4 Units
The Euclid | 1654 Montello Ave NE2 Units
The Holmead | 1483 & 1485 Monroe St NW4 Units
The Allard | 1747 T St NW5 Units
The Whitney | 653 Irving St NW8 Units
Beck Vissat
Principal
Beck Vissat earned a BS in Construction Management from the University of Cincinnati, then cut his teeth at Hensel Phelps, Bozzuto, and Acumen — managing a variety of institutional-scale projects across multiple positions before launching his own condo development firm in 2018.
He founded Boundary Stone Capital in 2023 to do what he does best: take neglected buildings and make them perform. The messier the situation, the better — Beck thrives on untangling the problems that scare other developers off and delivering an asset that’s worth multiples of what he paid for it.
Institutional Experience
Get In Touch
202.417.6284
info@boundarystonecapital.com