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Capital Square 1031 Fully Subscribes DST Offering of California Dialysis Clinic

Capital Square 1031, a sponsor of Delaware statutory trust investments, has fully subscribed CS1031 California MOB I DST, an offering comprised of a newly constructed dialysis clinic near Bakersfield, California.

Capital Square 1031, a sponsor of Delaware statutory trust investments, has fully subscribed CS1031 California MOB I DST, an offering comprised of a newly constructed dialysis clinic near Bakersfield, California. The program had 16 investors.

“The dialysis clinic was purchased all cash, providing investors the opportunity to own quality real estate without any mortgage debt,” said Louis Rogers, founder and chief executive officer. “An increasing number of Capital Square’s investors prefer debt-free real estate investments that do not have mortgage repayment risk.”

Located in Tehachapi, California, the dialysis clinic is 100 percent leased for 15 years on an absolute net basis to Sanderling Renal Services. The property is situated on a half-acre of land that is located less than one mile from the newly-developed, $100 million Adventist Health Tehachapi Valley Hospital.

Capital Square 1031 is a real estate investment and management company that sponsors real estate exchange programs that qualify for tax deferral under Section 1031 of the Internal Revenue Code. Capital Square provides due diligence, acquisition, loan sourcing, property management/asset management, and disposition, for high net worth investors, private equity firms, family offices and institutional investors. Since its founding in 2012, the firm has overseen a national portfolio of 70 real estate assets valued at approximately $760 million (based on investment cost).

For more Capital Square 1031 news, click here to visit their directory sponsor page.