Full cycle

Capital Square Took CS1031 SE MOB Portfolio, DST Full Cycle by Selling Its Kinston, North Carolina Building

The offering, a Delaware Statutory Trust (DST), owned a single medical building that was 100% net-leased to Fresenius Medical Care.

Published Updated

Capital Square announced the sale on October 11, 2023, taking CS1031 SE MOB Portfolio, DST full cycle. The announcement did not state a sale price.

The Trust filed its first Form D on July 29, 2020, offering up to $10.008 million at a $25,000 minimum under Rule 506(c), per the SEC filing. That filing carries no performance figures. The dates on record place the hold at 3.2 years, and the documents do not record when the property was acquired.

The sponsor reported the result to investors:

Metric

Figure

Total return

147.63%, as reported by the sponsor in its October 11, 2023 announcement

Annualized return

7.15%, as reported by the sponsor in its October 11, 2023 announcement