Skip Navigation

Capital Square 1031 Delaware Statutory Trust Offering Results in 141% Total Return to Investors

July 20, 2018

July 20, 2018

Capital Square 1031, a real estate investment and management firm specializing in Delaware statutory trust offerings, has sold Bridgeview Apartments, a 348-unit multifamily community in Tampa, Florida. The sale price was not disclosed.

“We are pleased to announce the successful sale of Bridgeview Apartments for a record price, which took this DST offering full-cycle in less than five years and provided investors with a 141 percent total return of equity and nearly 15 percent annualized total return,” said Louis Rogers, founder and chief executive officer of Capital Square 1031.

Bridgeview Apartments is a garden-style community that consists of 17 wood-framed and stucco residential buildings ranging between two and three stories. The property includes a clubhouse with a business center, resort-style pool, playground, fitness center, tennis and racquetball courts, and three onsite lakes.

To view the full article, click here.

Share

Corporate Responsibility & Sustainability Initiatives

Our elevated focus on corporate responsibility and sustainability furthers our commitment to environmental stewardship and community well-being.

Join the Capital Square Team

Our culture of collegiality and family-oriented values is a competitive advantage, and our team members are individuals at the top of their respective fields.