Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings, has launched CS1031 SE Apartment Portfolio DST, which is raising $38.9 million in equity from investors seeking Section 1031 exchange replacement property and cash investors. The Regulation D private placement is comprised of four multifamily communities located in Aiken, S.C., and Augusta, Ga.
“This diversified portfolio of four class B multifamily communities in thriving submarkets in Georgia and South Carolina is structured to provide quality real estate investment for exchangers seeking tax deferral under Section 1031 of the Internal Revenue Code and cash investors seeking stable cash flow and appreciation,” said Louis Rogers, founder and CEO of Capital Square 1031. “Because history has proven the value of diversification to reduce concentration risk, the offering has been structured to include four multifamily communities in different areas that offer a combined 640 units.”
