Full cycle

Capital Square Sells 2000 West Creek Apartments, Taking the CS1031 DST Full Cycle After 6.7 Years

Capital Square's announcement of the closing is the only public account of the result for this Delaware Statutory Trust (DST) program's investors.

Published Updated

Capital Square sold the property held by CS1031 2000 West Creek Apartments, DST on July 16, 2026. The program is full cycle.

Item

Detail

Trust

CS1031 2000 West Creek Apartments, DST

Sponsor

Capital Square

Exemption

506(c)

Maximum offering amount

$47,725,000

Minimum investment

$50,000

First Form D filed

October 31, 2019

Exit type

Property sold

Disposition date

July 16, 2026

Sale price

$115 million, as reported by the sponsor in its announcement

Total return to investors

137%, as reported by the sponsor in that announcement

Hold period

6.7 years, first Form D to closing

The hold above is measured from the Trust's first Form D to the closing date, because those are the two dates the record fixes. When the Trust acquired the property is not in the record, so a hold measured from acquisition cannot be computed from these documents.

No annualized return, equity multiple, or per-interest figure is on the record either. The Form D placed the offering under commercial real estate, set the ceiling and the minimum, and described no property; the distribution terms are not in it, and the private placement memorandum is not a public document. How much of the ceiling the offering ultimately sold is likewise not stated.

The sponsor's published track record brochure lists the program as completed; the version of that document in the record carries a March 2024 audit letter, which predates this sale.

The public record now holds the date, the price, and the sponsor's reported return. The payoff of the Trust's financing and the proceeds credited to each beneficial interest sit below that level, in investor statements that are not public documents.