Capital Square

Completed program record

On July 16, 2026, Capital Square reported completing its 47th full-cycle DST program through the $115 million sale of 2000 West Creek Apartments, citing a 137% total return to investors and a reported average total return of 154.70% across those 47 programs since 2018⁵. In August 2025 the sponsor reported the sale of CSRA Grocery Portfolio I, DST — three grocery-anchored shopping centers in North Carolina and South Carolina held about ten years — for $15.075 million at a reported total return of roughly 184%⁶. Its October 2024 sale of Bellemeade Farms Apartments, a 316-unit Virginia multifamily property held about 5.6 years, was reported at $83.9 million with a 136.42% total return and 6.47% annualized return⁷. Earlier brochure entries include CSRA MHC Portfolio I, DST, three manufactured housing communities in Indiana and Ohio sold in November 2018 for $25.8 million at a reported 148.12% total return, and CSRA NY MOB, DST, a Merrick, New York medical office building sold in June 2019 for $10.5 million⁴. Not every program produced a gain: Top1031's validated outcome record for CSRA 2700 S. Las Vegas, DST shows a foreclosure exit dated April 1, 2025 after a hold of about 11 years, with a recorded total return of 28.89%⁸.

Platform activity, 2025–2026

Capital Square reported fully subscribing six DST programs during 2025 and taking an additional 10 offerings full cycle in the same year⁹. On October 1, 2025, it reported a $57.5 million UPREIT transaction in which holders of more than 62% of beneficial ownership, representing 59 investors, contributed their DST interests to the operating partnership of the Capital Square Housing Trust REIT¹⁰. On March 11, 2026, the firm reported fully capitalizing three DST offerings with total investment cost of $396 million: CS1031 Parkland Apartments, CS1031 Tapestry West Apartments and CS1031 Lyric at Norton Commons Apartments¹¹. It launched CS1031 Texas Active Living Portfolio II, DST, an all-cash offering for two Texas active-adult communities, on June 11, 2026¹²; reported CS1031 Richmond Active Living Apartments, DST fully subscribed on July 13, 2026 with equity from 108 investors for a 165-unit Class A age-restricted community in Richmond, Virginia¹³; and announced CS1031 Colony at Centerpointe Apartments, DST, a $42.95 million equity offering for a 255-unit Class A- garden-style community in Midlothian, Virginia, on August 3, 2026¹⁴.