# Capital Square full-cycle data
Source: https://baker1031.com/data/full-cycle/sponsors/capital-square
Compiled: 2026-11-03. Source workbook: full_cycle_sponsor_summary_reviewed.xlsx; SHA-256: 57b6a4f1684fe8705993e9ddbe73bdadc275be6df22e56a12153298457264a8e. This date describes the compilation, not the currency of every underlying record.
## Data limitations and educational use
This data was collected from sponsor materials and manually entered into a data file for analysis. Transcription, calculation or classification errors may exist. The compilation has not been independently audited or verified for correctness, completeness or currency. Consult the current private placement memorandum (PPM), its supplements and sponsor reports for complete, up-to-date track-record information.
Displayed metrics use the higher endpoint of each reported range, including averages and medians of those values. Selecting higher return or multiple endpoints presents the more favorable source case. These figures do not establish typical or expected performance. Original ranges remain in the underlying data and source materials.
Some source data is dated, estimated or based on valuations rather than cash exits. Sponsors may use different periods, fees, return definitions and calculation methods, making direct comparisons unreliable or impossible. Available histories may be incomplete or selected, and exclusions and missing values affect each metric’s sample. Averages are not pooled investor returns or a ranking of sponsors.
For educational purposes only. This data is not investment, tax or legal advice, a recommendation, or an offer to buy or sell securities. Past performance does not guarantee or predict future results. Real estate securities are speculative and illiquid; distributions are not guaranteed and investors may lose their entire investment.
## Data coverage
| Measure | Value |
| --- | --- |
| Investment histories | 837 |
| Sponsors covered (25 with histories) | 39 |
| Annual-return observations | 737 |
Source basis: Investor (fees unspecified).
| Metric | Value |
| --- | --- |
| Offerings listed | 45 |
| Avg. annual return | 9.41% |
| Avg. hold (years) | 6.19 |
| Avg. equity multiple | 1.57x |
| Success Rate | 93.33% |
| Field | Value |
| --- | --- |
| Median annual return | 8.30% |
| Source-estimated results | 0 |
| Valuation-qualified outcomes | 0 |
| Outcomes inferred from return signs | 0 |
| Investment | Sponsor | Property type | Location | Start | End | Hold years | Annual return | Multiple | IRR | Outcome |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [1530 West Covina, DST](https://baker1031.com/data/full-cycle/investments/1fabfbe72ca38ca8.md) [40](#note-40) | Capital Square | Office | Unavailable | Unavailable | Unavailable | 4.00 | 12.36% | 1.49x | 11.73% | Break-even or better |
| [2700 S. Las Vegas, DST](https://baker1031.com/data/full-cycle/investments/50a0268f1d93becd.md) [40](#note-40) | Capital Square | Unavailable | Unavailable | Unavailable | 2025-04 | 11.10 | -6.41% | 0.29x | -27.27% | Reported loss |
| [5901 Golden Triangle, DST](https://baker1031.com/data/full-cycle/investments/afb5c61f36908542.md) [40](#note-40) | Capital Square | Office | Unavailable | Unavailable | Unavailable | 8.40 | 0.75% | 1.06x | 1.02% | Break-even or better |
| [Alexander Pointe Apartments, DST](https://baker1031.com/data/full-cycle/investments/620c71bdbb5ce5fc.md) [40](#note-40) | Capital Square | Multifamily | Jacksonville, Florida | 2017-02-15 | 2021-09-02 | 4.50 | 35.74% | 2.61x | 25.84% | Break-even or better |
| [Ashford Club Apartments, DST](https://baker1031.com/data/full-cycle/investments/76ad4f5cb16d626a.md) [40](#note-40) | Capital Square | Multifamily | Tallahassee, Florida | 2013-05-31 | 2019-05-24 | 6.00 | 11.66% | 1.70x | 10.86% | Break-even or better |
| [Bedford Parke Apartments, DST](https://baker1031.com/data/full-cycle/investments/ffe23eacc7d91ed1.md) [40](#note-40) | Capital Square | Multifamily | Warner Robins, Georgia | 2019-07-03 | 2024-10-23 | 5.30 | 18.95% | 2.00x | 15.82% | Break-even or better |
| [Bellemeade Farms Apartments, DST](https://baker1031.com/data/full-cycle/investments/0768dba6dd623543.md) [40](#note-40) | Capital Square | Multifamily | Leesburg, VA | 2019-02-09 | 2024-09-24 | 5.60 | 6.54% | 1.37x | 6.61% | Break-even or better |
| [Bridgeview Apartments, DST](https://baker1031.com/data/full-cycle/investments/aa60ebf8e0afc04c.md) [40](#note-40) | Capital Square | Multifamily | Tampa, Florida | 2013-09-09 | 2018-07-11 | 4.80 | 15.00% | 1.72x | 13.49% | Break-even or better |
| [Candleglow Apartments, DST](https://baker1031.com/data/full-cycle/investments/3052e9e5dbf02bf1.md) [40](#note-40) | Capital Square | Multifamily | Tampa, Florida | 2015-05-28 | 2020-09-24 | 5.30 | 28.93% | 2.53x | 21.31% | Break-even or better |
| [Canopy Apartments, DST](https://baker1031.com/data/full-cycle/investments/e141989a171e0f9e.md) [40](#note-40) | Capital Square | Multifamily | San Antonio, Texas | 2016-07-29 | 2022-02-16 | 5.50 | 14.17% | 1.78x | 12.41% | Break-even or better |
| [Chicago Parking I, DST](https://baker1031.com/data/full-cycle/investments/c0b594d8a4610c91.md) [40](#note-40) | Capital Square | Parking | Unavailable | Unavailable | 2024-09 | 1.00 | -66.63% | 0.33x | -28.59% | Reported loss |
| [Crossroads Apartments, DST](https://baker1031.com/data/full-cycle/investments/786adcd22934155d.md) [40](#note-40) | Capital Square | Multifamily | Phoenix, Arizona | 2016-08-30 | 2019-01-02 | 2.30 | 19.67% | 1.45x | 18.35% | Break-even or better |
| [CS1031 Birmingham MOB, DST](https://baker1031.com/data/full-cycle/investments/011d5a7ef2e05e59.md) [40](#note-40) | Capital Square | Medical office | Unavailable | Unavailable | Unavailable | 9.30 | 6.02% | 1.56x | 6.07% | Break-even or better |
| [CS1031 Louisburg MOB, DST](https://baker1031.com/data/full-cycle/investments/8e871599577a1db5.md) [40](#note-40) | Capital Square | Medical office | Unavailable | Unavailable | Unavailable | 8.90 | 4.91% | 1.44x | 5.03% | Break-even or better |
| [CS1031 Marina Pointe Apartments, DST](https://baker1031.com/data/full-cycle/investments/fc8852a8c1f50560.md) [40](#note-40) | Capital Square | Multifamily | Chattanooga, Tennessee | 2020-10-13 | 2025-09-09 | 4.90 | 8.14% | 1.40x | 8.00% | Break-even or better |
| [CS1031 Misty Ridge Apartments, DST](https://baker1031.com/data/full-cycle/investments/6c019fcff403f8ff.md) [40](#note-40) | Capital Square | Multifamily | Woodbridge, Virginia | 2019-07-31 | 2025-12-10 | 6.40 | 6.94% | 1.44x | 7.09% | Break-even or better |
| [CS1031 Morganton MOB, DST](https://baker1031.com/data/full-cycle/investments/5018329b3b53b429.md) [40](#note-40) | Capital Square | Medical office | Unavailable | Unavailable | Unavailable | 9.20 | 5.95% | 1.55x | 5.98% | Break-even or better |
| [CS1031 Promenade at Newnan Crossing, Apartments DST](https://baker1031.com/data/full-cycle/investments/7fb3a38340a984fb.md) [40](#note-40) | Capital Square | Multifamily | Newnan, Georgia | 2020-10-05 | 2025-12-18 | 5.20 | 8.28% | 1.43x | 8.03% | Break-even or better |
| [CSRA Grocery Portfolio I, DST](https://baker1031.com/data/full-cycle/investments/dfb94242ddc13dad.md) [40](#note-40) | Capital Square | Retail | Unavailable | Unavailable | Unavailable | 10.00 | 8.30% | 1.83x | 7.77% | Break-even or better |
| [CSRA Grocery Portfolio II, DST](https://baker1031.com/data/full-cycle/investments/10080cb9737f69a8.md) [40](#note-40) | Capital Square | Retail | Unavailable | Unavailable | Unavailable | 9.90 | 6.92% | 1.69x | 6.71% | Break-even or better |
| [CSRA MOB I, DST](https://baker1031.com/data/full-cycle/investments/81a71d1595f38865.md) [40](#note-40) | Capital Square | Medical office | Unavailable | Unavailable | Unavailable | 10.60 | 4.77% | 1.51x | 5.22% | Break-even or better |
| [CSRA MOB TX IV, DST](https://baker1031.com/data/full-cycle/investments/e51507e7c475e677.md) [40](#note-40) | Capital Square | Medical office | Unavailable | Unavailable | Unavailable | 9.70 | 3.84% | 1.37x | 4.35% | Break-even or better |
| [Dallas MOB, DST](https://baker1031.com/data/full-cycle/investments/05eec85e6a55c936.md) [40](#note-40) | Capital Square | Medical office | Unavailable | Unavailable | Unavailable | 7.00 | 7.30% | 1.51x | 7.07% | Break-even or better |
| [Fairway View Apartments, DST](https://baker1031.com/data/full-cycle/investments/94f01f5f55f3a794.md) [40](#note-40) | Capital Square | Multifamily | Atlanta, GA suburb | 2017-09-26 | 2021-10-28 | 4.00 | 22.93% | 1.92x | 19.25% | Break-even or better |
| [Galeria del Rio, DST](https://baker1031.com/data/full-cycle/investments/6fed5990c80a3a53.md) [40](#note-40) | Capital Square | Multifamily | Tucson, Arizona | 2016-03-24 | 2021-07-14 | 5.30 | 23.06% | 2.22x | 18.12% | Break-even or better |
| [GM Dothan, DST](https://baker1031.com/data/full-cycle/investments/c31083e00a55fdc4.md) [40](#note-40) | Capital Square | Retail | Unavailable | Unavailable | 2018-08 | 4.00 | -19.92% | 0.20x | -56.97% | Reported loss |
| [Hickory Creek Apartments, DST](https://baker1031.com/data/full-cycle/investments/cefdc41fab9f9cff.md) [40](#note-40) | Capital Square | Multifamily | Richmond, VA suburb | 2019-04-23 | 2022-10-20 | 3.50 | 17.89% | 1.63x | 16.45% | Break-even or better |
| [High Ridge Apartments, DST](https://baker1031.com/data/full-cycle/investments/361d311e2072ad89.md) [40](#note-40) | Capital Square | Multifamily | Athens, Georgia | 2017-12-08 | 2024-05-23 | 6.50 | 19.43% | 2.26x | 15.54% | Break-even or better |
| [Ivy Commons Apartments, DST](https://baker1031.com/data/full-cycle/investments/4bd338700e849632.md) [40](#note-40) | Capital Square | Multifamily | Marietta, Georgia | 2018-07-26 | 2022-09-28 | 4.20 | 24.19% | 2.02x | 20.22% | Break-even or better |
| [Kinston MOB, DST](https://baker1031.com/data/full-cycle/investments/b4659761fba490b3.md) [40](#note-40) | Capital Square | Medical office | Unavailable | Unavailable | Unavailable | 6.00 | 7.94% | 1.48x | 7.15% | Break-even or better |
| [Komar Desert Center, DST](https://baker1031.com/data/full-cycle/investments/f5f23d3d16ef7658.md) [40](#note-40) | Capital Square | Unavailable | Unavailable | Unavailable | Unavailable | 8.90 | 5.24% | 1.47x | 5.36% | Break-even or better |
| [Maple Springs, DST](https://baker1031.com/data/full-cycle/investments/7d30dd9883578ae5.md) [40](#note-40) | Capital Square | Multifamily | Richmond, Virginia | 2016-11-30 | 2021-04-13 | 4.40 | 15.28% | 1.67x | 13.94% | Break-even or better |
| [MHC Portfolio I, DST](https://baker1031.com/data/full-cycle/investments/7e99be3fd16b315f.md) [40](#note-40) | Capital Square | Manufactured housing | Unavailable | Unavailable | Unavailable | 4.30 | 11.19% | 1.48x | 11.05% | Break-even or better |
| [NC MOB, DST](https://baker1031.com/data/full-cycle/investments/1be1b6f53dfbbd4e.md) [40](#note-40) | Capital Square | Medical office | Unavailable | Unavailable | Unavailable | 7.00 | 8.22% | 1.58x | 6.96% | Break-even or better |
| [Newcastle North, DST](https://baker1031.com/data/full-cycle/investments/a245dee09bba0367.md) [40](#note-40) | Capital Square | Unavailable | Unavailable | Unavailable | Unavailable | 5.00 | 10.11% | 1.51x | 8.86% | Break-even or better |
| [NY MOB, DST](https://baker1031.com/data/full-cycle/investments/2f115d632b0cadcc.md) [40](#note-40) | Capital Square | Medical office | Unavailable | Unavailable | Unavailable | 5.00 | 17.99% | 1.90x | 15.63% | Break-even or better |
| [Old Towne Loft Apartments, DST](https://baker1031.com/data/full-cycle/investments/851696335e44d266.md) [40](#note-40) | Capital Square | Multifamily | Petersburg, Virginia | 2018-06-20 | 2024-12-20 | 6.50 | 8.08% | 1.53x | 7.82% | Break-even or better |
| [Perry Place, DST](https://baker1031.com/data/full-cycle/investments/51d4b9db4578e613.md) [40](#note-40) | Capital Square | Multifamily | Richmond, Virginia | 2015-12-30 | 2020-11-03 | 4.80 | 9.07% | 1.44x | 8.70% | Break-even or better |
| [Raleigh MOB, DST](https://baker1031.com/data/full-cycle/investments/e276587a3f55e724.md) [40](#note-40) | Capital Square | Medical office | Unavailable | Unavailable | Unavailable | 7.00 | 13.03% | 1.91x | 10.75% | Break-even or better |
| [Richmond Golf Retail, DST](https://baker1031.com/data/full-cycle/investments/f6b587cf0c0064b9.md) [40](#note-40) | Capital Square | Retail | Unavailable | Unavailable | Unavailable | 9.20 | 4.74% | 1.44x | 4.90% | Break-even or better |
| [Richmond VA Apartments, DST](https://baker1031.com/data/full-cycle/investments/eb3336b564d7b6d5.md) [40](#note-40) | Capital Square | Multifamily | Chesterfield County, Virginia | 2018-09-14 | 2023-12-12 | 5.20 | 10.81% | 1.56x | 10.05% | Break-even or better |
| [Riverwood Corporate Center, DST](https://baker1031.com/data/full-cycle/investments/3a4949217b41a146.md) [40](#note-40) | Capital Square | Office | Unavailable | Unavailable | Unavailable | 8.30 | 7.15% | 1.59x | 7.22% | Break-even or better |
| [Saltmeadow Bay Apartments, DST](https://baker1031.com/data/full-cycle/investments/d99cc39a1515b96f.md) [40](#note-40) | Capital Square | Multifamily | Virginia Beach, Virginia | 2019-08-12 | 2023-03-30 | 3.60 | 22.76% | 1.82x | 20.07% | Break-even or better |
| [Winchester MOB, DST](https://baker1031.com/data/full-cycle/investments/8b7dc753ca0c4bac.md) [40](#note-40) | Capital Square | Medical office | Unavailable | Unavailable | Unavailable | 7.00 | 7.08% | 1.50x | 6.78% | Break-even or better |
| [Woodshire Apartments, DST](https://baker1031.com/data/full-cycle/investments/9e6814c5adaaa058.md) [40](#note-40) | Capital Square | Multifamily | Virginia Beach, Virginia | 2018-12-27 | 2022-12-16 | 4.00 | 15.06% | 1.60x | 13.94% | Break-even or better |
## Footnotes
### 20. Capital Square: source basis and comparison samples
Source basis: Investor (fees unspecified). 45 investments are listed. Annual return: 45 available; Hold period: 45 available; Equity multiple: 45 available; Success Rate: 45 available. Missing values and the specific exclusions determine each metric’s sample.
### 40. Calculated simple annual return
Annual profit is calculated as (equity multiple − 1) / hold years where the source period supports those inputs. This is a descriptive simple annual return; it is not IRR or a compounded portfolio return. Individual calculation notes remain on each investment page.
## Proprietary compilation and use
Baker 1031 Investments, LLC’s selection, organization, annotations and presentation form a proprietary compilation. Underlying sponsor materials and third-party content remain subject to their respective owners’ rights. No open-data or redistribution license is granted. Contact Baker 1031 for permission to reproduce the compilation.
Methods: https://baker1031.com/data/full-cycle/methodology.md
Securities offered through Aurora Securities, Inc., member FINRA/SIPC. Baker 1031 Investments, LLC is independent of Aurora Securities, Inc. Contact: hello@baker1031.com.