The Trust owns Lyric at Norton Commons, a 273-unit Class A+ mixed-use apartment community built in 2021 with 12,191 sq. ft. of ground-floor retail and a 413-space garage on 4.38 acres in Prospect (Louisville), Kentucky, acquired 9/1/2022 for $96,232,500 during initial lease-up. The plan is to complete lease-up, hold about ten years on fixed-rate interest-only debt, pay monthly distributions from master lease rent, and exit by sale or by contribution to the Sponsor-affiliated Capital Square Apartment REIT under Section 721.