News summary · News
Capital Square Fully Subscribes $39.3M All-Cash Texas Active-Adult DST
Capital Square says its CS1031 Texas Active Living Portfolio I, DST is fully subscribed. AltsWire identifies a $39.3 million fundraising target in securities filings, while noting that the sponsor did not disclose the final amount raised or investor count. The all-cash private placement holds two active-adult communities without mortgage debt.
The assets are Emerald Cottages of Stonebridge, with 44 homes in McKinney, and Emerald Cottages of Waco, with 32 homes. Capital Square acquired the properties in March 2026. Both were described as fully occupied with waitlists when the offering launched in March; those figures represent conditions at launch rather than an updated occupancy report.
Research considerations
DST coverage can involve new offerings, acquisitions, financing, sponsor developments, or exits. When considering an offering, the property portfolio, sponsor experience, capital structure, fees, and exit assumptions deserve a closer review alongside the announcement.
- Does the announcement concern a specific offering, the sponsor, or the broader DST market?
- What do the current offering documents say about the properties, debt, fees, risks, and exit assumptions?
This Sequoia Research summary was prepared with AI assistance from the credited source. It is not independent verification of the source’s claims. The original publisher retains authorship of its reporting; follow the source link for the complete article.
Explore Sequoia Research reports
News can help identify a development worth following. Our investment-offering reports provide a separate, more detailed review of the properties, sponsors, financial assumptions, and risks behind the investment.
- Exclusive opinions & data points: Access our detailed findings, key data points, and independent perspective on the offering’s strengths and risks.
- Thorough expert analysis: Explore a detailed review of the property, sponsor, financial projections, fees, and business plan by industry experts.
- Comparison scorecard: Compare key factors across reviewed offerings using a consistent scorecard that brings our analysis together.
Visit the investment research library to see available offerings and report details. Coverage of a news item does not mean Sequoia Research has reviewed or offers a report on the investment mentioned.