Capital Square's Strategic Expansion Under Louis Rogers' Leadership Highlights Growth in Tax-Advantaged Real Estate Investments
Louis Rogers, CEO of Capital Square, has significantly expanded the firm's portfolio in tax-advantaged real estate investments, emphasizing the importance of Section 1031 exchanges and Opportunity Zones for investors.
Under the leadership of Louis J. Rogers, co-founder and co-CEO of Capital Square, the firm has grown into a nationally recognized platform for tax-advantaged real estate development, investment, and management. With nearly $8 billion in assets under management, Capital Square's vertically integrated operation spans Delaware Statutory Trusts (DSTs), Opportunity Zone developments, build-for-rent, and REIT offerings, showcasing Rogers' vision and expertise in the real estate investment sector.
Rogers' career, which began in tax law in 1984, has been marked by his recognition as a Section 1031 expert. His work at Triple Net Properties, where he helped structure over $4 billion in DST, TIC, and REIT offerings, laid the groundwork for the founding of Capital Square in Richmond. Today, the firm's three-pillar strategy—Invest, Build, and Manage—has evolved from its roots as a DST sponsor to developing and owning Class A and B multifamily properties in key markets.
Capital Square's development pipeline, exceeding $2.3 billion, includes nine Opportunity Zone funds with nearly 2,000 multifamily units across several states, collectively valued at approximately $800 million. Projects like the Chasen in Richmond's Scott’s Addition OZ district and Livano Knoxville in Tennessee highlight the firm's commitment to creating value for investors and communities alike. These developments not only generate significant construction jobs and tax revenue but also address the growing demand for affordable and workforce housing.
Rogers' innovative approach extends to build-for-rent strategies and upscale modular neighborhoods, targeting households priced out of ownership in fast-growing Sunbelt suburbs. The launch of the Capital Square Housing Trust (REIT) in 2024 further demonstrates the firm's ability to adapt and innovate, offering DST investors lasting tax-deferral benefits without forced participation.
Beyond building and managing real estate, Rogers has been active in shaping public policy, co-hosting the Opportunity Zones & Multifamily Investing Summit and engaging with lawmakers to advocate for extensions and reforms to OZ legislation. His leadership and vision have not only propelled Capital Square to the forefront of the real estate investment industry but have also contributed to the broader conversation on sustainable wealth-building and community impact.
Capital Square's success under Rogers' stewardship is a testament to the firm's investor-first approach and vertical integration, setting it apart in delivering financial returns and making a positive impact on communities. With a development pipeline that continues to grow and a property management division overseeing over 11,000 apartments, Capital Square is well-positioned for future growth under Rogers' leadership.