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Capital Square 1031 Delivers Over 222% Total Return* In A Multifamily Dst

by benzinga.com posted 1month ago 25 views
TUCSON, Ariz., Aug. 5, 2021 /PRNewswire/ -- Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for 1031 exchange and other accredited investors, announced the $32 million sale of Galeria del Rio, a 101-unit townhome community in Tucson, Arizona. The property was owned by a group of DST investors who realized 222.23% total return, or a 23.04% annualized return, from their 1031 exchange investment. * This property generated the second-highest total return for a DST sponsored by Capital Square.