Capital Square 1031 has launched CS1031 Augusta MOB, DST, a Regulation D private placement offering primarily for investors seeking 1031 exchange replacement property. The offering consists of a 30,548-square-foot orthopedic clinic in Augusta, Ga., that was acquired by the Delaware statutory trust in an all-cash, no debt, transaction.
“There is unprecedented demand for specialized medical facilities,” said Louis Rogers, founder and CEO of Capital Square. “Because the need for medical services is not correlated to the general economy, medical properties have proven to be recession resistant. Capital Square’s medical properties are very popular among 1031 exchange and other investors seeking a recession-resistant, stable asset class. Moreover, this offering was structured on an all-cash, no debt, basis for investors who do not need or want debt for their Section 1031 exchange, thereby removing the mortgage repayment risk.”
Located at 1706 Magnolia Way, the faci
