The Arizona residential real estate market has undergone dramatic changes in the past decade, from all-time highs in 2006 to historic lows in 2011, but the market is finally coming back around. Three industry veterans recognized the improving real estate market and growing demand for mortgage loans as an opportunity and founded Capstone Mortgage to provide various types of home loans.
Capstone Mortgage founders Paul Attaway, Bobby Barnes and Tyler Stone all bring different strengths and experience to the company, ranging from starting, building and selling companies to running a successful mortgage company.
Capstone Mortgage CEO and President Paul Attaway has over 17 years of experience in Arizona as an entrepreneur. During this time, Attaway maneuvered through every stage of a company’s life from start-up through managing growth to the ultimate successful sale of the business. Prior to Capstone, Attaway started and sold Vistek (a leading designer and manufacturer of devices for the life sciences and other industries) and Tekton (a leading developer of seismic isolation solutions and related intellectual property).
Capstone Mortgage President Bobby Barnes is generally acknowledged as one of the top producers in Arizona in the mortgage industry. Barnes started in the mortgage business in 1990 as a loan officer and founded and was president of Legacy Home Mortgage from 1996 until 2010. An Arizona native, Barnes has significant experience in both conforming and non-conforming private money lending operations, having originated in excess of $1 billion in conforming loans and in excess of $200 million in non-conforming loans.
Capstone Chief Operating Officer and Executive Vice President Tyler Stone has over 10 years of experience in the Arizona residential real estate industry. Prior to Capstone, Stone started Infinity Wealth Real Estate, a leading REO and foreclosure brokerage in Arizona where he personally closed in excess of $60 million in home sales and disposed of over 300 distressed properties for clients.
The company’s offices are located at 6900 East Camelback Rd, Suite 570, in Scottsdale. For more information, visit http://www.capstone-mortgage.com/.