CS1031 Summit Place BFR Housing, DST – Regulation D Investigation
The Securities and Exchange Commission (SEC) has not necessarily reviewed CS1031 Summit Place BFR Housing DST. The information in this filing and has not determined if it is accurate or complete. Investors should not assume the information provided here is fully accurate or comprehensive.
Background on the Offering
CS1031 Summit Place BFR Housing, DST, a Delaware statutory trust sponsored by Capital Square Realty Advisors, LLC, filed a Form D notice with the SEC in December 2023. The filing reports that the offering intends to raise up to $18,420,000 in capital from accredited investors under Rule 506(c) of Regulation D.
- Minimum Investment: $50,000
- Sales Commissions: Estimated at $1,565,700 (approx. 8.5% of the offering)
- Use of Proceeds to Sponsors: Approximately $898,000
- Securities Offered: Beneficial interests in a Delaware statutory trust
The offering is marketed as a potential 1031 exchange option, allowing investors to defer capital gains taxes through reinvestment in this DST structure.
DST Investment Risks
Investments in Delaware statutory trusts (DSTs) such as this DST often present the following risks:
- Illiquidity: Interests are generally not tradable, with holding periods ranging 7–10 years.
- High Fees: Upfront sales commissions and sponsor fees reduce total capital invested.
- Market Dependency: Returns rely heavily on real estate market conditions and property performance.
Investor Options for Recovery
Financial advisors are required to recommend only suitable investments and must conduct adequate due diligence. If you purchased this investment without being fully informed of the risks, you may be able to pursue claims through FINRA arbitration.
FAQs – CS1031 Summit Place BFR Housing, DST
What is the holding period for this DST investment?
Most DST investments require investors to hold their shares until the trust liquidates, typically 7–10 years.
Can I access my capital before the DST terminates?
DSTs are generally illiquid, and investors rarely have an opportunity to exit early.
What can I do if my broker failed to explain the risks?
You may be eligible to seek damages by filing a FINRA arbitration claim against the firm that recommended the investment.
Contact Us
If you invested and have questions about your legal rights, please contact The White Law Group at (888) 637-5510 for a free consultation, or visit whitesecuritieslaw.com.
Last modified: July 29, 2025
