What is Blackstock Development?
Founded in 2017 and headquartered in Greenville, South Carolina, Blackstock Development specializes in commercial real estate ownership and development. The company is actively engaged in multiple development sites throughout the Southeast region. Leveraging over five decades of combined experience in development and entrepreneurship, Blackstock Development is distinguished by its creative approach to revitalizing under-utilized properties, aiming to unlock their full potential and drive value.
How much funding has Blackstock Development raised?
Blackstock Development has raised a total of $5M across 1 funding round:
Private Equity
$5M
Private Equity (2022): $5M with participation from CapStone Holdings
Key Investors in Blackstock Development
CapStone Holdings
CapStone Holdings is a family office-structured holding company that provides strategic investment capital to support innovative technologies and global corporate businesses. They focus on industries including Real Estate, Healthcare, Fin-Tech, Media, and Transportation, seeking energetic and ambitious founders.
What's next for Blackstock Development?
The recent major strategic investment signals a pivotal moment for Blackstock Development, likely enabling the company to accelerate its expansion across the Southeast and pursue larger-scale development projects. This capital infusion is expected to bolster their capacity for acquiring and transforming key real estate assets, further solidifying their market position and potentially exploring new geographic markets or property types. The company's focus on creative revitalization suggests a strategy geared towards long-term value creation and sustainable growth.
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