Capital Square Buys North Carolina Multifamily Property for DST Offering

July 7, 2022

Capital Square, a sponsor of tax-advantaged real estate investments, has purchased Retreat at Arden Farms Apartments, a 312-unit apartment community in the Asheville suburb of Arden, North Carolina.

The community was acquired on behalf of CS1031 Retreat at Arden Farms Apartments DST, a Delaware statutory trust offering that seeks to raise $68 million in equity from accredited investors and has a minimum investment requirement of $50,000.

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