Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer and manager of multifamily communities, announced today the sale of a medical building near Raleigh, North Carolina. The property was owned by a group of Delaware statutory trust investors who realized a 157.57% total return, or a 7.29% annualized return, from their 1031 exchange investment.
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.
/PRNewswire/ Capital Square, one of the nation s leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing.
United Bank provided the loan. Capital Square’s latest multifamily development in the Scott’s Addition Qualified Opportunity Zone in Richmond, Va. has landed some financing.