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Capital Square Gets Long-Term Financing After Leasing Up First Apartment Project in Scott's Addition

Following Loan, Company Issues Special Distribution to Investors That Tops Initial Projections
Completed in January, Ink represents the first of three buildings to be developed as part of Capital Square's Scott's Collection project in Richmond. (CoStar)
Completed in January, Ink represents the first of three buildings to be developed as part of Capital Square's Scott's Collection project in Richmond. (CoStar)
By CoStar News Staff
August 31, 2022 | 7:19 P.M.

Investors in Capital Square's first apartment project are set to receive a larger-than-anticipated distribution after the company secured long-term financing for the development in Richmond, Virginia's booming Scott's Addition neighborhood.

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