Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for 1031 exchange and other accredited investors, has launched CS1031 Residence at Riverwatch Apartments, DST. The Regulation D private placement is comprised of a newly constructed, class A 260-unit apartment community in Augusta, Ga.
“Capital Square has a clear vision for the 1031/DST program — to buy the best class ‘A’ and ‘B’ apartment communities in the Southeast that generate stable cash flow and solid growth over time,” said Louis Rogers, founder and CEO of Capital Square. “These properties have performed exceptionally well, with over 98 percent of total rent collected on 28 apartment communities in the Southeast during the past 124 days of the COVID pandemic. Capital Square is finding exceptional opportunities in spite of the pandemic. When a competitor balked, Capital Square jumped and purchased this superior property at a materially lower price.”
CS1031 Resi
