Capital Square, a leading sponsor of tax-advantaged real estate investments and a national developer and manager of housing communities, has announced that its regulation D private placement offering, CS1031 The Villages at Miami Gardens BFR Housing DST, has been fully subscribed. Capital Square raised equity from investors participating in the offering of a 50-unit build-for-rent (BFR) townhome community in the Miami suburb of Miami Gardens, Fla. The property was acquired in October 2025, and the offering was fully subscribed in fewer than three months.
“The Miami Gardens submarket has a shortage of available housing, effectively driving occupancy to 100 percent. In addition, the Miami MSA is one of the least affordable home ownership markets in the U.S., driving the demand for rental housing,” said Louis Rogers, founder and co-CEO of Capital Square. “This offering combined the desirability of housing, a necessity, with short supply driving demand. Capital Square speci