Capital Square, a sponsor of tax-advantaged real estate investments and an active developer and manager of housing communities across the nation, has announced the launch of CS1031 Texas Active Living Portfolio I, DST. The Delaware statutory trust offering seeks to raise capital from accredited investors. Investors will receive ownership interests in two boutique build-for-rent active-adult living communities located in suburban Dallas and Waco, Texas.
Structured as an all-cash acquisition with no mortgage debt, the portfolio eliminates interest rate and foreclosure risks and is designed to provide accredited investors with stable income and long-term growth potential in the underserved age-restricted rental housing segment.
Located at 2551 Alma Road in McKinney, Texas, Emerald Cottages of Stonebridge includes 44 single-story active-adult cottage homes with attached oversized garages and a community clubhouse. Interior finishes include upgraded flooring, granite counte