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Capital Square Acquires Newly Constructed Ashford Townes Build-for-Rent Townhome Community in Affluent Raleigh Submarket

RALEIGH, NC - Capital Square, one of the nation s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of Ashford Townes, a 74-unit newly constructed build-for-rent townhome community in the affluent Raleigh suburb of Fuquay-Varina, North Carolina. The community was acquired on behalf of CS1031 Ashford Townes BFR Housing, DST.
Capital Square formed the Private Equity Group managed by experienced real estate. ....

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Capital Square Acquires North Carolina Community

D.R. Horton constructed the 74-unit project, which was completed in February 2022. Capital Square is expanding its build-for-rent offerings with the acquisition of a 74-unit community in Fuquay-Varina, N.C. ....

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