Capital Square, a sponsor of tax-advantaged real estate investments and a national developer and manager of housing communities, has announced the launch of CS1031 The Villages at Miami Gardens BFR Housing, DST, a Delaware statutory trust that owns The Villages at Miami Gardens, a 50-unit build-for-rent townhome community in the Miami suburb of Miami Gardens, Fla. The DST seeks to raise equity from accredited investors and has a minimum investment requirement of $50,000.
“The Villages at Miami Gardens is a desirable housing community with debt of approximately 54 percent for investors who need debt for their Section 1031 exchange,” said Louis Rogers, founder and co-CEO of Capital Square. “The Villages completes Capital Square's DST portfolio of available properties: The Villages at Miami Gardens for exchangers who need debt, Texas Active Living for those who do not need debt and want an all-cash replacement property and Zero Coupon DFW Hospitality for exchangers who nee