Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced today that its offering, CS1031 Aspen Vista BFR Housing, DST, has been fully subscribed. The Regulation D private placement, which raised nearly $20.5 million in equity from accredited investors, consists of a newly constructed 102-unit build-for-rent housing community in Reno, Nevada.
RENO, NV - Capital Square, one of the nation s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of Aspen Vista, a newly constructed 102-unit build-for-rent housing community in Reno, Nevada. The community was acquired on behalf of CS1031 Aspen Vista BFR Housing, DST.
Capital Square formed the Private Equity Group managed by experienced real estate executives, Dave Platter and Jon Trott, as managing.