Capital Square Monetizes Second OZ Fund

November 18, 2022

Capital Square, a sponsor of tax-advantaged real estate investments, completed initial lease-up and stabilization and closed permanent financing for their second opportunity zone development project, a 58-unit mixed-use multifamily property in Richmond, Virginia’s Scott’s Addition qualified opportunity zone.

As a result, investors in CSRA Opportunity Zone Fund II LLC have received a special distribution payment that represents a 33.2% return of equity.

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