CESM is a full-service, real estate investment and development company based in Dallas, Texas. Founded in 2012, CESM focuses on multi-family development throughout the major markets in Texas.
CESM engages in all facets of the development process, including the site selection, design, financing, construction, lease up, and operation of each new property. After site selection and due diligence are complete, CESM works with its team of consultants to develop, construct, and manage each property.
CESM has a successful track record completing traditional garden-style, urban infill, mixed-use, transportation oriented, and student housing communities. The principals at CESM have acquired or developed over 10,000 units with a total capitalization of over $1 billion.
Founder/President
Taylor Stone leads the investment and development efforts at CESM. Mr. Stone has over 30 years of direct experience in the development of new apartment communities.
Prior to founding CESM, Mr. Stone was the Managing Director of Multi-Family with Prescott Realty Group. Before Prescott, Mr. Stone spent six years with First Worthing/Inland American, where he led the development program of the Student Housing Division, developing or acquiring properties throughout the United States.
Mr. Stone graduated from the University of Texas at Austin with a BBA in real estate and finance. He received his MBA from Southern Methodist University and holds a Texas Real Estate Brokers license.
Mr. Stone has been married for 30 years and has four children. He attends Park Cities Presbyterian Church and is involved with FOCUS Ministries, Family Legacy, East-West Ministries, Boy Scouts of America and West Dallas Community School.
Development Associate
Powell Snelling assists with CESM development projects in the Dallas and Austin markets. Powell has over 5 years of hands-on multi-family development experience on over 3,500 units. As Development Associate, Mr. Snelling primarily focuses on predevelopment, design, permitting, and construction coordination. Mr. Snelling also has experience as an analyst on the development side as well as construction experience working on site for single-family builders and commercial contractors. Mr. Snelling attended the University of Texas at Austin and received a degree in Economics.
Associate
George Poston assists with CESM’s development projects, including predevelopment, permitting, design, market research, financial analysis, land acquisition, and underwriting. He has hands-on experience in the development of over 2,000 units and previous experience as a real estate analyst. Mr. Poston holds a degree in Economics from the University of Arkansas and is a licensed real estate professional in Texas.
Executive Assistant
Ruth Cabrera serves as the Executive Assistant to Mr. Stone. Recently moving from Los Angeles California to Dallas Texas in early 2022, Ms. Cabrera has over 12 years of experience across engineering, architecture, and interior design industries. Ms. Cabrera graduated from Arizona State University, receiving a degree in Art History and a minor in Organizational Leadership Studies.