Capital Square Buys Virginia Property for $98M

August 22, 2022

Capital Square has acquired a multifamily community in the Woodbridge, Va., suburb of Washington, D.C. Rivergate is a 402-unit luxury property bought on behalf of CS1031 Rivergate Apartments DST. According to Yardi Matrix data, the asset was purchased for $98.5 million from The Shidler Group, which bought Rivergate in 2019 for $89.5 million.

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