Boundary Stone Capital
Unlocking value in the D.C. multifamily housing market through institutional-grade execution.
Our Strategy
A niche, high-barrier business plan focused on critical supply shortages in the D.C. region. We execute a proven value-add model that transforms distressed assets into high-performing institutional-quality housing.
The Underserved Niche
We target distressed multifamily assets that are uniquely positioned to solve critical supply shortages for large families. By reconfiguring inefficient unit layouts into high-demand family residences, we capture a stable, long-term tenant base in a market with virtually no direct competition.
Value-Add Stabilization
We execute comprehensive, institutional-quality renovations that go far beyond cosmetic upgrades. Our scope includes full system replacements, structural reconfiguration, and modern finishes—transforming neglected properties into premium assets and forcing significant capital appreciation.
Agency Debt Execution
We renovate to meet stringent underwriting criteria for permanent, non-recourse Fannie Mae, Freddie Mac, or HUD debt. This strategic alignment ensures our assets qualify for the most favorable long-term financing available, maximizing investor returns and minimizing risk.
Our Philosophy: Ikigai
Our firm operates at the intersection of Passion, Mission, Vocation, and Profession. This Japanese concept ("A Reason for Being") guides every deal we pursue.
We are passionate about transforming distressed, neglected assets into vibrant, safe, and high-quality housing.
We address the critical shortage of large 4- and 5-bedroom units for families in the Washington, D.C. area.
We leverage deep institutional construction expertise to manage complex renovations on time and on budget.
We generate outsized, risk-adjusted returns for our partners by unlocking deep value in overlooked assets.
DEVELOPED
PROJECTS
UNITS
DEVELOPMENT SALE
Completed Project Portfolio
A summary of 14 projects developed, constructed, and sold or managed, demonstrating a consistent track record of execution across multiple asset classes.
Multifamily Portfolio
Land Development
Condominium Developments
Beck Vissat
PrincipalBeck Vissat brings 17+ years of comprehensive experience across large-scale construction, development, and niche asset management. His unique background combines institutional-grade general contracting with opportunistic development.