Capital Square, a sponsor of tax-advantaged real estate investments and a national developer and manager of housing communities, has announced the launch of Capital Square Blue Horizons BFR. The offering was formed to raise equity from accredited investors to support the development of a 238-unit build-for-rent (BFR) single-family housing community in the Phoenix suburb of Buckeye, Ariz. Capital Square has partnered with Sunstone Two Tree as co-developer of the project. This is the second similar development with Sunstone Two Tree in the Phoenix area. The two companies previously developed Ironwood Homes at the Rosefield, a 320-unit BFR community on Northern Parkway Road.
“Phoenix remains one of the most dynamic housing markets in the nation, driven by strong population growth, major employment expansions and sustained demand for high-quality rental housing,” said Louis Rogers, founder and co-CEO of Capital Square. “Blue Horizons represents our latest opportunity to dev
