Capital Square's CSRA Richmond Golf Retail, DST is closed. The property sold on July 23, 2024, and the offering now sits among the completed rows of the sponsor's full-cycle track record. What the trust owned never reached the public record: no tenant, no address, no purchase price. The Form D reports the offering, not the asset behind it.
Item | Record |
|---|---|
Asset class | Commercial |
Offering ceiling | $6,770,000 |
Minimum investment | $25,000 |
Exemption | 506(c) |
First Form D filing | |
Exit type | Property sold |
Exit date | July 23, 2024 |
Hold period | 9.2 years |
Match to track record | Figures below come from a row headed CS1031 Richmond Golf Retail, DST rather than this Trust's filed title; Top1031 rates the match medium confidence |
Disposition value | $6,100,000, as reported by the sponsor in its full-cycle DST track record brochure |
Total return | 143.58%, as reported by the sponsor in the same brochure |
Annualized return | 4.96%, as reported by the sponsor in the same brochure |
Equity multiple | not stated |
The offering ceiling and the disposition value measure different things, and the record does not connect them. The trust's purchase price, its debt if any, and the fee and reserve load that stood between subscription dollars and the building are all absent, so the sale figure cannot be read as a gain or a loss against what investors put in. Distribution terms lived in the private placement memorandum, which is not a public document.
The match to the sponsor's completed track-record row rests on the property name. Why the row's trust name differs from the title under which the offering was filed is not something the record explains.
The performance figures are the sponsor's own. The single Form D on this record carries none of them, and the evidence here does not establish what any later filing shows.