- No public market currently exists for our Shares, and we have no current plans to list our Shares on a national securities exchange.
- We have limited operating history and established financing sources and we cannot assure our stockholders that we will be successful in the marketplace.
- This is a “best efforts” offering and some or all of our shares may not be sold.
- We have not yet identified any properties to acquire with the proceeds from this offering.
- We set the offering prices of our Shares, including the scheduled increases, arbitrarily. These prices are unrelated to the book or net value of our assets or to our expected operating income. There is a dilutive effect to investors who purchase our Shares after the termination of any of our early investor discounts. We do not intend to conduct a net asset valuation (“NAV”) or provide an estimated NAV per share.
- We may return a portion of your capital if our Advisor is unable to quickly identify suitable properties or if such properties do not generate sufficient cash to make anticipated distributions.
- If we raise substantially less than the maximum offering, we may not be able to invest in a diversified portfolio of properties and your investment will be more susceptible to fluctuations in the values of specific properties.
- We have no employees and are dependent upon our Advisor, Property Manager and their affiliates.
- Our officers, directors, and the officers and employees of our Advisor and its affiliates may have substantial conflicts of interest because they also serve similar programs sponsored by our Sponsor.
- We will pay substantial fees and expenses to our Advisor and its affiliates, our Dealer Manager, and our Participating Dealers, which may increase the risk that you will not earn a profit on your investment.
- The income from any of our properties will be dependent on the ability of our Property Manager to successfully manage such properties.
- Our rental revenues will be significantly influenced by the conditions of the markets in which we operate and by demand for multifamily housing properties generally.
- If we do not qualify as a REIT, we will be treated as a corporation for federal income tax purposes.
- Our Advisor may face conflicts of interest relating to the purchase of properties, and such conflicts may not be resolved in our favor, which could adversely affect our investment opportunities.
- We may incur substantial debt, which could hinder our ability to pay distributions to our stockholders or could decrease the value of your investment. There are limits on the ownership, transferability and redemption of Shares.
Securities offered through WealthForge Securities, LLC , the managing broker-dealer for the Capital Square Apartment REIT, Inc. offering and member FINRA/SIPC. Capital Square Apartment REIT, Inc. and WealthForge Securities, LLC are separate entities. There are material risks associated with investing in private real estate investment trusts and real estate securities including illiquidity, tenant vacancies, general market conditions and competition, lack of operating history, interest rate risks, the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial and multifamily properties, short term leases associated with multifamily properties, financing risks, potential adverse tax consequences, general economic risks, development risks, long hold periods, and potential loss of the entire investment principal. Past performance is not a guarantee of future results. Potential cash flow, returns and appreciation are not guaranteed. This is not a solicitation or an offer to sell any securities. Please read the Private Placement Memorandum (PPM) in its entirety, paying careful attention to the risk section prior to investing.