Company Profile
Capstone Homes
Family-owned homebuilder building new single-family homes for sale in master-planned communities across the Upper Midwest (MN, SD, WI). Developer/builder of spec/quick-move-in/semi-custom homes emphasizing value, quality, open layouts. Largest private builders in Twin Cities (~366 units/$160M in 2024).
Key Statistics
As of June 2026, public records show Capstone Homes has $132.9M in total recorded mortgage volume across 128 mortgages, with 298 current property ownerships held through 16 confirmed entities.
Total Mortgage Volume
$116.2M
Current Ownerships
298
Confirmed Entities
16
Associated People
12
Entities (16)
Capstone Homes operates through 16 confirmed holding companies and entities identified from public records.
MN · 172 properties · 71 mortgages
MN · 1 property · 8 mortgages
MN · 55 properties · 3 mortgages
MN · 10 properties · 3 mortgages
MN · 0 properties · 3 mortgages
+11 more entities not shown
People (12)
Key individuals associated with Capstone Homes based on signatures extracted from recorded documents and public filings.
President (Owner) · 94 mortgages · 263 properties
Regularly appears on Capstone Homes's public property filings.
Vice President of Purchasing and Product Development · 28 mortgages · 14 properties
Regularly appears on Capstone Homes's public property filings.
Land Development Organizer · 18 mortgages · 60 properties
Serves as organizer on the firm's Minnesota land holdings.
Vice President of Purchasing and Product Development · 11 mortgages · 4 properties
Listed as organizer on the firm's Minnesota investment entities.
+8 more people not shown
Properties (298)
| Address | Entity | Status | Consideration |
|---|---|---|---|
| 2707 IVY AVE NE, SAINT MICHAEL, MN 55376 | CAPSTONE HOMES INC | Owns | $500 |
| 2727 IVAN AVE NE, SAINT MICHAEL, MN 55376 | CAPSTONE HOMES INC | Owns | $500 |
| 8911 30TH ST NE, SAINT MICHAEL, MN 55376 | LEGACY BAY LLC | Owns | $276k |
+2748 more not shown
Top Lenders
The following lenders have the most recorded mortgage volume with Capstone Homes entities.
Geography
Capstone Homes has recorded real estate activity in the following states.
FAQ
What does Capstone Homes do?
Family-owned homebuilder building new single-family homes for sale in master-planned communities across the Upper Midwest (MN, SD, WI). Developer/builder of spec/quick-move-in/semi-custom homes emphasizing value, quality, open layouts. Largest private builders in Twin Cities (~366 units/$160M in 2024).
How many entities are associated with Capstone Homes?
Capstone Homes operates through 16 confirmed entities identified from signatures on recorded documents. Key entities include CAPSTONE HOMES INC, HARPER STREET WOODS LLC, and LEGACY BAY LLC.
Who are the key people at Capstone Homes?
Public records and filings associate 12 individuals with Capstone Homes. Key people include Ben Minks (President (Owner)), Jon Peterson (Vice President of Purchasing and Product Development), and James Magnuson (Land Development Organizer).
How many properties does Capstone Homes own?
Public records show 298 current property ownerships associated with Capstone Homes entities, with $116.2M in total recorded mortgage volume.
Which lenders has Capstone Homes worked with?
Top lending relationships include Southwest Heritage Bank, Wings Financial Credit Union, and Plains Commerce Bank, based on recorded mortgage data.
How is this data collected?
Elementix aggregates data from recorded real estate documents, business filings, and other lawfully available sources. We use AI to extract signatures, identify entity relationships, and connect people to the companies they operate through.
The information displayed on this page is compiled from recorded real estate documents, business filings, and other lawfully available sources. Elementix summarizes and analyzes public record activity related to investment real estate and associated business entities.
Elementix is not a consumer reporting agency, and this information does not constitute a consumer report. The data may not be used to make decisions about an individual's eligibility for personal credit, consumer housing, employment, insurance, or any other purpose governed by the Fair Credit Reporting Act.
Requests for removal, suppression, or correction of information must be submitted to [email protected]. Elementix reviews such requests only where required by applicable law.