Capital Square sold the Galeria del Rio property on July 14, 2021, taking CSRA Galeria Del Rio, DST full cycle. The sponsor's published track record lists the program among its completed DSTs.
That record lists an 18.12% annualized return, as reported by the sponsor in its full-cycle DST track record brochure, and a 2.22x equity multiple, as reported by the sponsor in the same brochure. No total return figure for the program appears on the record, and Top1031 computes none of its own.
Top1031's record carries the hold two ways: 5.3 years with the disposition itself, and 5.4 years when the span is measured from the first Form D filing to the exit date. This report relies on the former, the figure attached to the disposition record. Nothing on the record reconciles the two.
Item | Record |
|---|---|
Trust | CSRA Galeria Del Rio, DST |
Sponsor | Capital Square |
Asset class, as carried by Top1031 | Commercial |
Exemption | 506(b) |
Offering ceiling | $8,150,000 |
Minimum investment | $25,000 |
First Form D filing | February 16, 2016 |
Exit type | Property sold |
Sale price | $32,025,000, as reported by the sponsor in its full-cycle DST track record brochure |
In Top1031's data, Capital Square's cumulative full-cycle record carries 13 prior offerings taken full cycle, with this program added to it.
The Trust's Form D states the offering's size, structure and minimum. What the offering originally disclosed about distributions cannot be established from the public record: the private placement memorandum that set those terms was never filed, and the record collected here does not name the buyer.