Key Takeaways
- • Capital Square announced that its Regulation D private placement offering, CS1031 Texas Active Living Portfolio II, DST, has been fully subscribed, according to a Business Wire release.
- • The offering is a $32.7 million Delaware statutory trust (DST) structured to provide tax-advantaged real estate exposure through a 1031 exchange.
- • The trust holds two cottage-style, active-adult communities for residents aged 55 and older, located in Kerrville, in the Texas Hill Country, and in an additional Texas location cut off in the available source.
- • Capital Square describes itself as a leading sponsor of tax-advantaged real estate investments and an active developer and manager of housing communities nationwide.
Summary
Richmond, Virginia-based Capital Square has announced that its CS1031 Texas Active Living Portfolio II, DST, a Regulation D private placement, has been fully subscribed, according to a Business Wire release. The offering totals $32.7 million and is structured as a Delaware statutory trust, a vehicle commonly used by investors seeking to complete 1031 exchanges under U.S. tax rules.
The trust comprises two cottage-style, active-adult communities restricted to residents aged 55 and older. One property is located in Kerrville, in the Texas Hill Country. The second property's location is referenced in the source only partially, and the full details could not be confirmed from the available text.
Capital Square positions itself as a leading sponsor of tax-advantaged real estate investments and an active developer and manager of housing communities nationwide. The full-subscription announcement signals continued investor demand for DST-structured senior housing offerings. The available source text is limited, and further terms such as investor count, sponsor fees, or projected returns were not provided.
The trust comprises two cottage-style, active-adult communities restricted to residents aged 55 and older. One property is located in Kerrville, in the Texas Hill Country. The second property's location is referenced in the source only partially, and the full details could not be confirmed from the available text.
Capital Square positions itself as a leading sponsor of tax-advantaged real estate investments and an active developer and manager of housing communities nationwide. The full-subscription announcement signals continued investor demand for DST-structured senior housing offerings. The available source text is limited, and further terms such as investor count, sponsor fees, or projected returns were not provided.
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