Capital Square Acquires Build-for-Rent Housing Community in Reno, NV for DST Offering

RENO, Nev. (June 5, 2023) – Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced today the acquisition of Aspen Vista, a newly constructed 102-unit build-for-rent housing community in Reno, Nevada. The community was acquired on behalf of CS1031 Aspen Vista BFR Housing, […]

City Center contenders present competing visions for Coliseum-area redevelopment

May 31, 2023 Led locally by Capital Square and Shamin Hotels, the team also includes by D.C.-based housing developer Dantes Partners, North Carolina-based life sciences real estate developer Ancora, and Virginia Beach-based Gold Key | PHR, which is the hotel developer along with Shamin. Capital Square is listed as the team’s local development and capital […]

Net Leases Of Investment Real Estate Not All They Are Cracked Up To Be

May 30, 2023 Two basic types of leases are used for investment real estate: a net lease and a gross lease. Net leases are commonly used in connection with retail properties, many industrial and some office properties. With a net lease, the owner/landlord receives the rent net of expenses. The owner does not bear most […]

Greystar Real Estate Partners and Capital Square Opens 350-Unit Otis Apartment Homes in Scott’s Addition Neighborhood of Richmond

May 24, 2023 RICHMOND, VA – Greystar Real Estate Partners, a global leader in the management of high-quality rental housing properties, and Capital Square, a leading sponsor of tax-advantaged real estate investments and an active developer of multifamily communities, announced that Otis is now open and has leased 50 percent of its 350 apartment homes […]

Virginia-based owner plans to add property management services

May 23, 2023 Louis Rogers and Gus Remppies first discussed the idea of adding a property management division to Glen Allen, Virginia–based apartment owner Capital Square in 2020. But for various reasons, including the tight labor market and lack of scale, they decided the time wasn’t right. But the pair didn’t let the idea go. […]

REITs defend themselves against RealPage pricing model lawsuit

May 16, 2023 Essex and EQR were among the apartment owners and managers sued by five renters — three in California and two in Washington state — last October. The tenants filed a class action lawsuit in the U.S. District Court for the Southern District of California against RealPage and some of the largest property operators in […]

Capital Square DST Offering Hits Target

May 16, 2023 Capital Square’s Delaware Statutory Trust offering, CS1031 Lakeside on Riverwatch Apartments, is fully subscribed, the company said in a statement. The Regulation D private placement raised almost $26.8 million. The trust owns a 200-unit garden style apartment property in Martinez, Ga., a suburb of Augusta. To view the full story, click here.

303 luxury apartments coming to Venice

May 15, 2023 An Atlanta developer and two partners have begun construction on a 303-unit apartment complex in Venice. South City is leading the joint venture with the commercial real estate firm BCDC of Atlanta and the real estate investment firm Capital Square of Richmond, Virginia. To view the full story, click here.

877.626.1031

10900 Nuckols Road, Suite 200
Glen Allen, VA 23060 (Metro-Richmond)

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