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Capital Square completes two tax-advantaged multifamily deals

Firm buys Georgia build-to-rent project while unloading Virginia apartments
Capital Square sold the Bellemeade Farms Apartments for nearly $84 million, marking its 31st completed Delaware Statutory Trust offering while realizing a 6.47% annualized return on the property it purchased in 2019.  (CoStar)
Capital Square sold the Bellemeade Farms Apartments for nearly $84 million, marking its 31st completed Delaware Statutory Trust offering while realizing a 6.47% annualized return on the property it purchased in 2019. (CoStar)
CoStar News
October 8, 2024 | 8:01 P.M.

Real estate investment and management firm Capital Square has purchased a build-to-rent project on the Tennessee-Georgia border as it sells an apartment complex near Washington, D.C., capping more than 30 tax-advantaged investments over the past six years.

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