CS1031 Cacema Townhomes, DST is a Capital Square-sponsored DST owning a newly constructed 176-unit rental townhome community in Kissimmee, Florida, within the Orlando metropolitan area.
The investment is a private Delaware Statutory Trust interest rather than a publicly traded security. Potential liquidity before a sponsor-led exit depends on the specific trust documents, property performance, financing, distributions, transfer restrictions, purchaser qualifications, remaining holding period, and buyer demand.
Capital Square
Delaware Statutory Trust / Rental Townhomes
$41.85 Million Equity Raise
176 Townhomes / Kissimmee, FL
Closed / Fully Marketed Program
Limited Private Secondary Market Liquidity
Capital Square launched the DST on May 26, 2026 seeking to raise $41.85 million in equity from accredited investors. Capital Square's portfolio site currently categorizes the offering as closed.
The community includes 176 three- and four-bedroom townhomes with attached one- or two-car garages, private entries and semi-private backyards.
Community amenities include a resort-style heated pool, 24-hour fitness center, clubhouse and lounge, lakeside firepit and outdoor kitchen, walking trail, dog parks, EV charging stations, and a car-care center.
Capital Square reported that the financing was locked at a 5.04% interest rate when the offering launched.
For secondary-market purposes, potential buyers may review occupancy, rents, resident demand, operating expenses, capital requirements, local supply, insurance, property taxes, debt service, and the expected path to a sponsor-led exit.
Alternative Investment Liquidity evaluates certain Cacema Townhomes DST interests for potential direct private purchase or other secondary-market liquidity.
Potential Direct Private Purchase
Baron De Biltmore LLC
AIL Reviews Eligible Positions
Determined By Position Review
Property, Debt, Income, Exit Timing & Transferability
Subject To Documentation Review
Any potential purchase indication is separate from the investor's original investment amount, tax basis, account statement value, sponsor-related valuation reference, or projected future proceeds.
Any offer represents the amount a purchaser is willing to pay under the applicable terms and should not be interpreted as an independent appraisal or determination of underlying fair value.
Potentially. A transfer depends on the governing trust documents and applicable sponsor, trustee, lender, purchaser-qualification, ownership, and assignment requirements.
Positions held in an IRA, trust, estate, LLC, partnership, corporation, or other entity may require additional documentation establishing ownership and authority to complete a transaction.
Legal transferability does not mean that a ready purchaser or continuous secondary market exists.
Capital Square DST interests are commonly used as replacement property in Section 1031 exchanges. A later private sale or transfer may have tax consequences that differ materially from the original exchange.
Potential considerations may include deferred gain, depreciation recapture, debt allocation, future exchange planning, and timing relative to a sponsor-led disposition.
Alternative Investment Liquidity does not provide tax, legal, investment, accounting, or valuation advice. Investors should consult qualified professionals regarding their circumstances.
Because Capital Square now lists the offering as closed, existing investors seeking liquidity would generally need to evaluate sponsor-permitted transfer options or a private secondary-market transaction rather than subscribing or redeeming through the original offering.
The DST secondary market does not operate like a national securities exchange. There is generally no continuously quoted price, centralized order book, or guarantee that a buyer will be available.
Potential pricing may reflect property performance, distributions, debt, remaining hold period, transfer requirements, execution risk, and current buyer demand.
Learn more about the DST secondary market.
Occupancy, effective rents, resident demand, operating expenses, capital requirements, and local market conditions can affect buyer expectations.
The sponsor reported a 5.04% locked interest rate at launch. Current loan balance, amortization, maturity, and lender transfer requirements should be confirmed in current program documents.
Current and historical distributions may be relevant, but should be evaluated with property cash flow, reserves, debt service, and future capital requirements.
A position believed to be closer to a sponsor-led disposition may be evaluated differently from one expected to remain outstanding for several additional years.
Sponsor procedures, purchaser qualifications, documentation, position size, execution risk, and current private-market demand can influence marketability and pricing.
A recent investor or account statement identifying the exact DST and current ownership amount is generally the best starting point.
Alternative Investment Liquidity reviews Cacema Townhomes DST positions for investors seeking information about potential liquidity, transferability, valuation considerations, current buyer interest, and possible direct purchase opportunities.
For eligible positions, AIL may be able to facilitate a direct private purchase through Baron De Biltmore LLC or evaluate another potential secondary-market liquidity pathway.
Request a Confidential Investment Review for a Cacema Townhomes DST position.
Research is based primarily on Capital Square's May 26, 2026 launch announcement and its current Cacema Townhomes DST offering page.
Program terms, property information, distributions, financing, transfer procedures, and other investment details may change after the applicable reporting date. Investors should review the current governing documents and sponsor communications for the specific DST.
Secondary market interest depends on more than asset type. AIL evaluates each position based on investment structure, transferability, documentation, and current market conditions.
Ownership type, sponsor requirements, investment terms, and underlying asset characteristics all influence review.
Some positions may be subject to transfer restrictions, approval requirements, or limitations within governing documents.
Offering materials, account records, ownership documents, and sponsor information help determine whether review can proceed.
Potential liquidity depends on current buyer interest, asset category, pricing expectations, and transaction feasibility.
Every opportunity is reviewed individually. Our process is designed to provide clarity regarding transferability, marketability, and potential liquidity pathways before any transaction decisions are made.
Provide basic details regarding the investment position, ownership structure, and available documentation.
AIL evaluates the investment type, transfer restrictions, sponsor requirements, and available transfer pathways.
We determine whether a secondary market opportunity may exist based on current investor demand and transaction activity.
If a viable pathway exists, we discuss potential next steps, timing considerations, and transaction requirements.
Submit basic information for a confidential review. Opportunities are evaluated individually based on investment structure, available documentation, transferability, and potential market interest.
REQUEST CONFIDENTIAL REVIEW