The property sale that took CS1031 Woodshire Apartments, DST full cycle closed at a price of $59.9 million, as reported by the sponsor in its full-cycle track record brochure.
The Trust was a Capital Square Delaware Statutory Trust (DST) offering made under 506(c), and the Form D places it under Commercial real estate, a classification the filing does not explain.
Item | Record |
|---|---|
Trust | CS1031 Woodshire Apartments, DST |
Sponsor | Capital Square |
Form D filed | January 2, 2019 |
Exemption | 506(c) |
Maximum offering amount | $22,086,000 |
Minimum investment | $50,000 |
Disposition | Property sold, December 16, 2022 |
Hold period | 4 years |
Total return | 160.22%, as reported by the sponsor in its full-cycle track record brochure |
Annualized return | 13.94%, as reported by the sponsor in the same brochure |
Equity multiple | 1.6x, as reported by the sponsor in that brochure |
The sale price is the whole property. The offering ceiling was the equity the Trust was cleared to raise from investors, and the two measure different things.
Woodshire joins the completed programs on Capital Square's published track record. The public record on this one runs from the Form D to the brochure: the exemption, the ceiling and the per-investor minimum at the front, the sponsor's reported exit figures at the end, and no distribution terms in the filings.