Experience the service we provide
Capital Homes Incorporated specializes in the acquisition, repositioning, and management of high-quality residential and multifamily apartment communities in emerging growth markets throughout the United States. The firm’s investment strategy emphasizes disciplined underwriting, operational excellence, and sustainable value creation, with a focus on delivering attractive, risk-adjusted returns to its investment partners.
About Capital Homes Inc.
Capital Homes Inc. is a privately held real estate investment company focused on multifamily properties, mortgage notes, and distressed residential acquisitions across select U.S. markets. We specialize in identifying undervalued and overlooked properties — including land bank, off-market, and note-based opportunities — and repositioning them into stable, income-producing assets.
Through our private money lending program, qualified lending partners can earn competitive, asset-backed returns secured by real property. We work directly with private investors, note holders, and capital partners seeking alternatives to traditional markets.
Dieuw Thonet leads Capital Homes Incorporated. A senior partner and founder of a private principal investment group, the managing principal provides strategic leadership across acquisitions, capital deployment, and long-term asset performance, bringing an institutional perspective to residential and multifamily real estate investment throughout the United States of America.
Maine Designated Broker #DB921317
Sebastian Thonet, Junior Partner, leads acquisition underwriting, asset management, and operational execution across the firm’s portfolio.
Maine Real Estate License BA930292
News articles
Real Estate Trend
Manufactured Housing: An Overlooked Lever for Affordable Homeownership
A recent HousingWire op-ed by Mark Weiss (CEO of the Manufactured Housing Association for Regulatory Reform) makes a case worth repeating: manufactured housing remains one of the most effective, unsubsidized paths to homeownership in America — and current federal housing legislation largely fails to address the barriers that hold it back.
Three structural issues stand out:
- Zoning enforcement. Federal preemption for HUD Code manufactured homes has existed for over two decades, yet many local jurisdictions still restrict where these homes can be placed.
- Financing gaps. A large share of manufactured home buyers rely on chattel (personal property) loans rather than traditional mortgages, and the government-sponsored enterprises have done little to make that financing more competitive.
- Regulatory cost creep. Proposed Department of Energy standards could add meaningful cost to entry-level manufactured homes, right at the price point where affordability matters most.
Why this matters for our investors and buyers:
At Capital Homes Inc., our Slow Flip model is built around exactly the kind of overlooked, distressed, and undervalued residential assets that traditional lenders and mainstream builders pass over. Manufactured and modest-income housing stock — much like the properties we source through land bank programs and off-market channels — sits at the center of the affordability conversation. Policy friction that keeps larger institutional capital away from this segment often creates opportunities for smaller, patient, owner-financed investors who can work directly with buyers.
The bigger picture: affordability isn’t going to be solved by policy alone. It’s going to be solved property by property, buyer by buyer — which is exactly the work we do.
Source: Mark Weiss, “Congress has a chance to expand affordable homeownership. It shouldn’t waste it,” HousingWire, July 7, 2026.
