Capital Square announced on November 1, 2023 the sale of the medical building in Creedmoor, North Carolina held by CSRA/Kay Raleigh MOB, DST (announcement). Creedmoor sits north of the Raleigh named in the Trust's title.
Capital Square reported a 157.57% total return, as reported by the sponsor, and a 7.29% IRR, as reported by the sponsor, to the Trust's investors (announcement).
The offering came to market under the 506(c) exemption. Its Form D carried no performance figures; the returns above come from the sponsor's disposition announcement. The sale price is not stated in the record Top1031 relied on.
Trust | CSRA/Kay Raleigh MOB, DST |
Sponsor | Capital Square |
Property | Medical building, Creedmoor, North Carolina |
Offering ceiling | $5,998,000 |
Minimum investment | $25,000 |
First Form D filing | December 21, 2015 |
Property sold | November 1, 2023 |
Hold period, first filing to sale | 7.9 years |