Top1031

CS1031 Jacksonville FL HQ, DST

in Jacksonville, FL · sponsored by Capital Square

Historical · soldSold, as reported by Capital Square · last Form D Jun 22, 2018Sponsor source (opens in a new tab)

CS1031 Jacksonville FL HQ, DST, sponsored by Capital Square, filed its first Form D with the SEC on Jun 22, 2018 for a $7.6 million offering. Capital Square sold the property, as reported by the sponsor.

How it ended

Sold according to the sponsor, not yet verified

Sold.

Sponsor document (opens in a new tab)

Capital Square has 5 active offerings on record →

Key facts

A free account shows how much of each active offering has sold and the Sponsor Grade letters.
Minimum investment
$25,000
From the Form D
Offering size
$7,618,000
Equity offered, per the Form D
Sold
$0
Form D, Jun 22, 2018
Investors reported
0
Form D, Jun 22, 2018
Selling commissions
$647,530 · 8.5% of offering
Form D Item 15; the % is our arithmetic
Offered under
Rule 506(c)
May be advertised publicly. Every buyer’s accredited status must be verified.

Figures come from SEC Form D filings unless a source is cited. Sponsor-stated figures are as reported by the sponsor; Top1031 does not independently audit them. On a 45-day clock? Find day 45 and day 180 →

Using this record to judge the sponsor? A licensed 1031 specialist from our affiliated partner can talk it through with you.

Ask a 1031 specialist about this recordFree. About: CS1031 Jacksonville FL HQ, DST. Top1031 is not a broker-dealer.

What did CS1031 Jacksonville FL HQ, DST own?

A three-story, 45,000-square-foot Class A corporate headquarters and office building at 14701 Philips Highway in Jacksonville, Florida, sitting on 3.14 acres. 1 Construction was completed in February 2018. 2 Capital Square announced its acquisition of the building on June 13, 2018. 2

Reported location
Jacksonville, FL

How was it financed, and what did it cost to sell?

The Jacksonville Business Journal reported that Dream Finders Homes sold the building to Capital Square for $13.75 million, a figure above the equity raised. 3

Costs and terms from the Form D

Selling commissions
$647,530 · 8.5% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$358,400 · 4.7% of offering
Form D Item 16
Broker-dealers named in the Form D
1 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Minimum investment
$25,000

Form D Item 15 and Item 16 amounts may be the issuer’s estimates; each percentage is Top1031’s arithmetic on two Form D figures. Item 16 can overlap Item 15, so Top1031 does not add them together. The issuer marked these amounts as an estimate.

What does the SEC record show?

The Trust's Form D, a short notice of an exempt securities sale, came nine days after Capital Square announced the acquisition. The offering used Rule 506(c), which permits public advertising so long as every buyer's accredited status is verified.

Legal Trust name
CS1031 Jacksonville FL HQ, DST
SEC CIK
1744474
First Form D
Jun 22, 2018
Latest Form D
Jun 22, 2018
Filings on record
1
Offered under
Rule 506(c)
May be advertised publicly. Every buyer’s accredited status must be verified.
Source filing
Read the filings on SEC EDGAR

SEC Form D filings, newest first

FiledFormOffering amountAmount sold
Form D$7,618,000
$0
EDGAR

Amounts, investor counts and minimums are as filed with the SEC on Form D. The change lines are Top1031’s arithmetic between consecutive filings; a new Form D notice starts a new count.

A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.

Common questions

What happened to CS1031 Jacksonville FL HQ, DST?
CS1031 Jacksonville FL HQ, DST is a Historical offering. Sold, as reported by Capital Square.
What does CS1031 Jacksonville FL HQ, DST own?
It owns a three-story, 45,000-square-foot Class A corporate headquarters and office building at 14701 Philips Highway in Jacksonville, Florida, on a 3.14-acre site. Capital Square's October 30, 2018 announcement describes the building, and the sponsor's June 13, 2018 announcement states construction was completed in February 2018.
Who is the tenant?
Dream Finders Homes, a homebuilder, is the tenant. Capital Square reported the building 100% leased to Dream Finders as of its October 30, 2018 announcement, and Dream Finders Homes, Inc.'s Form 8-K dated October 22, 2026 lists its principal executive offices at 14701 Philips Highway, Suite 300, Jacksonville, Florida.
What kind of lease is in place?
An absolute-net lease, under which the tenant is responsible for property taxes, insurance, maintenance and repairs rather than the landlord. Capital Square's October 30, 2018 announcement describes the expense allocation, and the sponsor's offering page states the lease has a 15-year initial term with four five-year extension options.
What did Capital Square pay for the building?
The Jacksonville Business Journal reported on June 22, 2018 that Dream Finders sold the building at 14701 Philips Highway to Capital Square for $13.75 million.
How was the offering structured and sold?
It was offered as a Delaware statutory trust interest under Rule 506(c), the exemption that allows public advertising when every buyer's accredited investor status is verified. The June 22, 2018 Form D lists a minimum investment of $25,000. Capital Square announced on October 30, 2018 that the offering had closed fully subscribed.
Has a sale or other exit been reported?
No outcome has been reported for this Trust. The sponsor's public announcements cover the June 2018 acquisition and the October 2018 close of the offering, and the building's address still appears as Dream Finders Homes' principal executive office in that company's October 22, 2026 Form 8-K.

In the news

Sources

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These links support the record as a whole; individual details may come from different sources.

DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current offering documents before investing.