Stonelake Capital Partners

Stonelake Capital Partners is a vertically integrated real estate private equity and development firm founded in Austin, Texas in 2007. The company invests in and develops office, industrial, and multifamily assets across Texas and the broader Sun Belt. Stonelake broke ground in 2026 on 2626 McKinney, a 17-story trophy office building in Uptown Dallas designed by The Beck Group and built by Brasfield & Gorrie. The firm develops on both a build-to-core and value-add basis, and its Uptown Dallas bet is a wager that top-tier office space still leases even in a bifurcated market.

Stonelake Capital Partners is a real estate private equity firm founded in Austin in 2007 by Kenneth Aboussie and John Kiltz. It acquires and develops industrial, multifamily and office properties and owns more than $3.5 billion of commercial real estate across Sunbelt markets.

The firm’s footprint reaches beyond its Austin, Dallas and Houston offices into Atlanta, Nashville, Phoenix, Orlando, Tampa and El Paso. Its portfolio includes roughly 20 million square feet of industrial warehouses, several thousand multifamily units and about 3 million square feet of office space — built, under development, or held.

Stonelake raises and manages institutional capital through a series of discretionary private equity funds, counting large college endowments, charitable foundations and hospital systems among its investors. Day to day, the firm operates from its Austin headquarters with regional offices in Dallas and Houston, and combines in-house acquisition with ground-up development rather than outsourcing the building side.