ATLANTA, GA - Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for 1031 exchange and other accredited investors, announced the acquisition of SouthLawn Lawrenceville, newly constructed multifamily community with retail space in Lawrenceville, a suburb of Atlanta, Georgia. The community was acquired for CS1031 SouthLawn Lawrenceville Apartments, DST, a Reg. D private placement.
"SouthLawn Lawrenceville is the next in Capital Square's line of newly constructed, Class A multifamily communities in the Southeast," said Louis Rogers, founder and chief executive officer of Capital Square. "It is the highest quality, walkable, mixed-used community in the area. In addition, Atlanta is the business center of the South East, with major employers following businesses into the Peach State. Microsoft, Airbnb, Honeywell, GE Digital and BlackRock are opening major facilities in the area, adding jobs and increasing demand for quality apartments."