Capital Square Acquires Newly Constructed Ashford Townes Build-for-Rent Townhome Community in Affluent Raleigh Submarket

March 20, 2023

RALEIGH, NC – Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of Ashford Townes, a 74-unit newly constructed build-for-rent townhome community in the affluent Raleigh suburb of Fuquay-Varina, North Carolina. The community was acquired on behalf of CS1031 Ashford Townes BFR Housing, DST.

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