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Capital Square Buys Multifamily Property Near Washington, D.C. for DST Offering

August 23, 2022

August 23, 2022

Capital Square, a sponsor of tax-advantaged real estate investments, has purchased Rivergate, a 402-unit multifamily property in the Washington, D.C. suburb of Woodbridge, Virginia.

The property was purchased on behalf of CS1031 Rivergate Apartments DST, a Delaware statutory trust offering that seeks to raise $46.5 million in equity from accredited investors and has a minimum investment of $50,000.

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