Private Equity
TAMPA, Fla., Nov. 29, 2021 /PRNewswire/ -- Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for Section 1031 exchange and other accredited investors, announced today the acquisition of a 4.5-star, 55+ manufactured housing community in Lakeland, Florida. The community was acquired on behalf of CS1031 Twin Palms MHC, DST. "This is Capital Square's tenth acquisition of age-restricted manufactured housing communities in Florida," said Louis Rogers, founder and chief executive officer of Capital Square. "These are among the most desirable assets in the nation due to their scarcity, stability and low operating costs.