Capital Square Buys Houston Community

May 6, 2022

Wood Partners has sold off another Houston asset about a year after the community’s grand opening. Capital Square has acquired The Flats at West Alabama for approximately $67 million, according to Yardi Matrix data. Capital Square acquired the community on behalf of CS1031 Houston Apartments, DST, which will be looking to raise $56.5 million in equity from accredited investors.

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