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Boundary Stone Capital

Institutional Experience

Eighteen years of institutional-grade D.C. multifamily practice, reorganized into a single disciplined program.

Before founding Boundary Stone Capital, Beck Vissat held senior roles at the District's institutional multifamily platforms — acquiring, developing, financing, and operating the asset class the firm now produces.

Prior firms — lineage

Platforms where the thesis was learned.

Prior institutional platform — Washington, D.C. multifamily

Senior role · multi-year tenure

  • Acquisitions and asset-management oversight across D.C. multifamily assets in the 50–200 unit range.
  • Execution of Fannie Mae and Freddie Mac agency refinancings on stabilized portfolio assets.
  • Business-plan authorship and joint-venture capital structuring with institutional LP partners.

Prior institutional platform — mid-Atlantic housing

Senior role · multi-year tenure

  • Ground-up development of multifamily and mixed-use assets inside the District.
  • FHA/HUD program financings on affordable and workforce-housing projects.
  • Operational oversight through lease-up and stabilization.

Prior institutional platform — D.C. residential

Senior role · multi-year tenure

  • Value-add acquisitions and repositioning across D.C. residential submarkets.
  • Construction management and scope control on large-scale renovations.
  • Disposition and refinance execution across cycle conditions.

Prior institutional platform — D.C. multifamily

Early-career roles · multi-year tenure

  • Underwriting and capital-markets support for D.C. multifamily transactions.
  • Due diligence coordination across acquisitions, refinancings, and recapitalizations.
  • Foundation of the operating literacy the firm now runs on.

Specific firm names, dates, and representative transactions available on request to qualified capital partners.

Asset-class coverage

Every layer of the D.C. multifamily stack, handled firsthand.

Ground-up multifamily

Site selection, entitlement, design, construction, delivery, and lease-up of new rental assets inside the District.

Value-add multifamily

Acquisition and repositioning of under-managed assets — scope authorship, tenant transition, and operational rebuild.

Small multifamily + condo

Condominium and small multifamily delivery across D.C. neighborhoods — the backbone of the early-chapter portfolio.

Agency financing

Fannie Mae, Freddie Mac, and FHA/HUD originations — sized, structured, and closed on both acquisition and refinance paper.

Joint-venture capital

Institutional LP joint ventures, preferred-equity structures, and promote waterfalls negotiated and executed.

Regulated-housing operations

Administration of rental-assistance and regulated-tenancy programs at scale — leasing, compliance, recertification, and long-term payment operations.

References & transactions

Specific firm references and representative transactions are available on request.

Qualified institutional capital partners and counsel can request the firm's complete institutional lineage document by contacting the principal directly.

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