Scott Stewart

Scott Stewart

BBA '85
Founder & Managing Partner Capitol,
Seniors Housing
Career Background

Scott Stewart is the Founder and Managing Partner of Capitol Seniors Housing (CSH), a national seniors housing investment firm. CSH is a joint venture partner with Boston based Bain Capital and Harvard Management Company which manages Harvard University’s $41.9 billion endowment, the largest university endowment in the world. CSH also partners with The Carlyle Group (Carlyle), one of the world’s largest private equity groups with $246.0 billion under management. Both CSH and Carlyle are headquartered in Washington, D.C.

CSH was formed in the fall of 2003 with a mission to opportunistically acquire, develop and own independent living, assisted living and continuum of care retirement communities (CCRCs) in major U.S. markets. CSH utilizes third party operators to manage the facilities on a fee or joint venture basis.

To date, the company has amassed a nationwide portfolio of 115 assets valued at over $2.35 billion. CSH has also realized a combined gross profit of $850 million for its investors with the timely sale of certain assets within a ten -year period. This track record has enabled the company to post an overall portfolio IRR in excess of 35%.

Prior to forming CSH, Mr. Stewart ran the Acquisitions Group for Sunrise Senior Living, one of the country’s premier seniors housing service providers. Before that, he headed up the acquisitions, development and construction efforts for Homestead Village, Security Capital Group’s extended-stay hotel company.

Mr. Stewart serves on the Boards of the American Seniors Housing Association (ASHA) and Hopecam, a non-profit organization that addresses children with cancer issues. He also started People of Seniors Housing (POSH), a non-profit public relations group with a mission to combat the ill effects brought about by the Coronavirus pandemic to the seniors housing industry.

Mr. Stewart is on the University of Michigan’s Ross School of Business Advisory Board as well as an Adjunct Professor at both Georgetown University and American University in Washington, DC, teaching real estate course “Alternative Assets” in both of the university’s graduate education programs. Mr. Stewart is a five-time Ironman triathlete and member of the “Seven Continents Club,” having run a marathon in all seven continents. He earned an MBA from Harvard Business School in Boston, Massachusetts and a BBA from The University of Michigan in Ann Arbor, Michigan.