The property held by CS1031 Ivy Commons Apartments, DST sold on September 28, 2022. Capital Square lists the Trust among the completed programs on its published Delaware Statutory Trust (DST) full-cycle track record, and that document is where the reported result for investors is recorded.
The offering itself is thinly documented. The Form D that opened it records the size of the raise, the minimum ticket and the exemption relied on; the distribution terms and the property-level underwriting sat in the private placement memorandum, which is not public. The filings do not state what the Trust paid for the property.
Record | |
|---|---|
Trust | CS1031 Ivy Commons Apartments, DST |
Sponsor | Capital Square |
Asset class | Commercial |
Offering ceiling | $23,027,000 |
Minimum investment | $50,000 |
Exemption | 506(c) |
First Form D | August 3, 2018 |
Disposition | Property sold, September 28, 2022 |
Hold | 4.2 years |
Sale price | $75,500,000, as reported by the sponsor in its full-cycle track record |
Total return | 201.6%, as reported by the sponsor in its full-cycle track record |
Annualized return | 20.22%, as reported by the sponsor in its full-cycle track record |
Equity multiple | 2.02x, as reported by the sponsor in its full-cycle track record |
No third-party accounting of this Trust's distributions or its final per-unit proceeds is on the record, and none is required to be.