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Capital Square Launches $37.35M All-Cash DST on Active Adult Community Near San Antonio
Capital Square has introduced a $37.35 million DST offering tied to Emerald Cottages of New Braunfels, a 72-home community in Texas, AltsWire reports. CS1031 Texas Active Living New Braunfels, DST offers accredited investors interests in an age-restricted rental property through an all-cash structure without mortgage debt.
The community remains in its initial leasing phase and was 91.7% leased in September 2026, according to the sponsor. Its single-story cottages were completed between 2022 and 2024 on an 11-acre site between San Antonio and Austin. This is Capital Square's fourth Texas Active Living offering; the reported $37.35 million describes the offering, not completed fundraising.
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.
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