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Capital Square Acquires Newly Constructed Ashford Townes Build-for-Rent Townhome Community in Affluent Raleigh Submarket

RALEIGH, NC - 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 Ashford Townes, a 74-unit newly constructed build-for-rent townhome community in the affluent Raleigh suburb of Fuquay-Varina, North Carolina. The community was acquired on behalf of CS1031 Ashford Townes BFR Housing, DST.
Capital Square formed the Private Equity Group managed by experienced real estate. ....

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Report: 3 Million U.S. Households Making Over $150K a Year Are Still Renting

On Mar.13, the Wall Street Journal reported that a hike in the cost of homeownership and a limited supply of homes has driven the rise of rental properties, with the story noting, “three million U.S. households making over $150,000 are still renting.”  ....

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