{"id":182453,"date":"2025-11-17T16:05:04","date_gmt":"2025-11-17T16:05:04","guid":{"rendered":"https:\/\/capitalsq.com\/?post_type=location&#038;p=182453"},"modified":"2025-11-17T16:06:19","modified_gmt":"2025-11-17T16:06:19","slug":"blue-horizons-bfr-llc","status":"publish","type":"location","link":"https:\/\/capitalsq.com\/offerings\/blue-horizons-bfr-llc\/","title":{"rendered":"Blue Horizons BFR, LLC"},"content":{"rendered":"<div class=\"wp-block-theme-blocks-carousel theme-block is-style-wider-width appear-on-scroll is-style-hero has-arrows has-captions has-page has-dots\"><div class=\"layout\"><div class=\"block-slides\">\n<div class=\"slide \"><div class=\"layout\"><figure  class=\"theme-block  wp-block-image size-full\" ><img loading=\"lazy\" decoding=\"async\" width=\"1300\" height=\"858\" src=\"https:\/\/capitalsq.com\/wp-content\/uploads\/2025\/11\/blue-horizons-exterior-1300.jpg\" alt=\"Blue Horizons Exterior\" class=\"wp-image-182451\" srcset=\"https:\/\/capitalsq.com\/wp-content\/uploads\/2025\/11\/blue-horizons-exterior-1300.jpg 1300w, https:\/\/capitalsq.com\/wp-content\/uploads\/2025\/11\/blue-horizons-exterior-1300-300x198.jpg 300w, https:\/\/capitalsq.com\/wp-content\/uploads\/2025\/11\/blue-horizons-exterior-1300-768x507.jpg 768w, https:\/\/capitalsq.com\/wp-content\/uploads\/2025\/11\/blue-horizons-exterior-1300-1024x676.jpg 1024w\" sizes=\"auto, (max-width: 1300px) 100vw, 1300px\" \/><\/figure><\/div><\/div>\n\n<div class=\"slide \"><div class=\"layout\"><figure  class=\"theme-block  wp-block-image size-full\" ><img loading=\"lazy\" decoding=\"async\" width=\"1300\" height=\"858\" src=\"https:\/\/capitalsq.com\/wp-content\/uploads\/2025\/11\/blue-horizons-interior-1300.jpg\" alt=\"Blue Horizons Interior\" class=\"wp-image-182452\" srcset=\"https:\/\/capitalsq.com\/wp-content\/uploads\/2025\/11\/blue-horizons-interior-1300.jpg 1300w, https:\/\/capitalsq.com\/wp-content\/uploads\/2025\/11\/blue-horizons-interior-1300-300x198.jpg 300w, https:\/\/capitalsq.com\/wp-content\/uploads\/2025\/11\/blue-horizons-interior-1300-768x507.jpg 768w, https:\/\/capitalsq.com\/wp-content\/uploads\/2025\/11\/blue-horizons-interior-1300-1024x676.jpg 1024w\" sizes=\"auto, (max-width: 1300px) 100vw, 1300px\" \/><\/figure><\/div><\/div>\n<\/div><div class=\"block-nav prev\"><span class=\"icon fa-solid fa-angle-left \"><\/span><\/div><div class=\"block-nav next\"><span class=\"icon fa-solid fa-angle-right \"><\/span><\/div><div class=\"block-captions\"><\/div><div class=\"block-page\">#\/#<\/div><div class=\"block-dots\"><\/div><\/div><\/div>\n\n<p class=\"appear-on-scroll\">Capital Square has partnered with Sunstone Two Tree, again, to develop a build-for-rent, single-family rental community comprising 238 units on approximately 20.86 acres in Buckeye, Arizona, within the Phoenix-Mesa-Chandler MSA. The project is expected to include:<\/p>\n\n<ul  class=\"appear-on-scroll wp-block-list\" >\n<li>88 detached villas<ul  class=\"appear-on-scroll wp-block-list\" >\n<li>three- and four-bedroom units, averaging 1,631 square feet<\/li>\n<\/ul><\/li>\n\n\n\n<li>150 townhomes<ul  class=\"appear-on-scroll wp-block-list\" >\n<li>two- and three-bedroom units, averaging 1,271 square feet<\/li>\n<\/ul><\/li>\n\n\n\n<li>Clubhouse<\/li>\n\n\n\n<li>Pool\/Spa<\/li>\n\n\n\n<li>Fitness center<\/li>\n\n\n\n<li>Grilling pavilion<\/li>\n\n\n\n<li>Pocket parks<\/li>\n\n\n\n<li>Playground<\/li>\n<\/ul>\n\n<div class=\"wp-block-theme-blocks-fine-print appear-on-scroll\">\n<p  class=\"appear-on-scroll placeholder-heading\" >Consider the Risks<\/p>\n\n<p class=\"appear-on-scroll\">There will be occasions when the Manager and its affiliates may encounter potential conflicts of interest in connection with the Fund and its Members and there is no independent dispute resolution mechanism in place to resolve such conflicts. Potential investors should be aware that an investment in the Fund involves a significant degree of risk.<\/p>\n\n<p class=\"appear-on-scroll\">An investment in investor units involves substantial risks including, but not limited to, the following risk factors:<\/p>\n\n<ul  class=\"appear-on-scroll wp-block-list\" >\n<li>The Offering will be made on a \u201cbest efforts\u201d basis with no minimum investment raise requirement.<\/li>\n\n\n\n<li>The various risks associated with acquiring, financing, owning, constructing, leasing and operating single-family rental communities located in Buckeye, Arizona.<\/li>\n\n\n\n<li>The investor units do not represent a diversified investment because the Fund\u2019s activities will be limited to the Property.<\/li>\n\n\n\n<li>Although Capital Square and its affiliates have extensive experience in acquiring, developing, improving and operating multifamily and commercial real estate, the Fund and the Manager were recently organized and do not have a significant operating history or significant assets.<\/li>\n\n\n\n<li>Investors will rely solely on the Manager to manage the Fund and Sunstone Two Tree to manage the Property; although the Fund will have substantial voting rights with respect to major decisions affecting the Joint Venture, Sunstone Two Tree will have broad discretion to make decisions regarding the Property.<\/li>\n\n\n\n<li>Real estate development is an inherently risky activity.<\/li>\n\n\n\n<li>The Fund may not make capital distributions until the sale or refinancing of the Property, if at all.<\/li>\n\n\n\n<li>Real estate-related investments involve substantial risks.<\/li>\n\n\n\n<li>The Fund will pay substantial fees to Sunstone Two Tree, the Manager and their affiliates.<\/li>\n\n\n\n<li>The investor units will be highly illiquid; transferability of the investor units is restricted and withdrawals of capital contributions are prohibited.<\/li>\n\n\n\n<li>Substantial actual and potential conflicts of interest exist among the Fund, the Manager, Capital Square and their affiliates.<\/li>\n\n\n\n<li>An investor could lose all or a substantial portion of his investment in the Fund.<\/li>\n\n\n\n<li>Private placements are speculative and illiquid.<\/li>\n<\/ul>\n\n<p class=\"appear-on-scroll\">Securities offered through WealthForge Securities, LLC, member FINRA\/SIPC. Capital Square and WealthForge are not affiliated.<\/p>\n\n<p class=\"appear-on-scroll\">Images are representative of similar build-for-rent developements.<\/p>\n\n<p class=\"appear-on-scroll\">Capital Square and its affiliates do not and cannot provide tax advice.<\/p>\n\n<p class=\"appear-on-scroll\">This information is not intended to be, nor may it be construed or used as, financial, legal, tax or investment advice or an offer to sell, or a solicitation of any offer to buy or sell an interest in any private placement. No offer or solicitation may be made prior to the delivery of appropriate private placement offering documents to qualified prospective investors. This information does not take into account the particular investment objectives or financial circumstances of any specific person who may receive it More complete disclosures and the terms and conditions relating to an investment in a particular private placement is contained in the proper set of offering documents. Before making any investment, prospective investors should thoroughly and carefully review offering documents with their own independent financial, legal and tax advisors to determine whether an investment is suitable for them. An investment in any particular private placement is not suitable for all investors. No representation or warranty of any kind is made with respect to the Internal Revenue Service\u2019s (the IRS\u2019s) acceptance of the treatment of any item by the company or an investor.<\/p>\n\n<p class=\"appear-on-scroll\">Securities offered through WealthForge Securities, LLC, Member FINRA\/SIPC. Capital Square and WealthForge Securities, LLC are separate entities. There are material risks associated with investing in LLC properties 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. A potential Roth IRA Conversion is a complex tax concept; consult your legal or tax professional regarding the specifics of your particular situation. This is not a solicitation or an offer to see any securities. Private placements are speculative. Private placements are illiquid and an investor may lose an entire investment.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Capital Square has partnered with Sunstone Two Tree, again, to develop a build-for-rent, single-family rental community comprising 238 units on approximately 20.86 acres in Buckeye, Arizona, within the Phoenix-Mesa-Chandler MSA. The project is expected to include:<\/p>\n","protected":false},"featured_media":182451,"template":"","meta":{"featured_image_background_position":"","code":"Capital Square","address":"","city":"Buckeye","state":"AZ","zip_code":"","details":"","status":"Open","acquisition-date":"2025-11-17","address-full":"N. Jackrabbit Trail & W. Blue Horizons Parkway North, Buckeye, AZ","lat":33.4501986,"lng":-112.4789136,"footnotes":""},"tags":[],"service":[105,104],"investment":[50],"class_list":["post-182453","location","type-location","status-publish","has-post-thumbnail","hentry","service-build","service-invest","investment-development-fund"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Blue Horizons BFR, LLC - Capital Square - Raising capital, buildings and expectations<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/capitalsq.com\/offerings\/blue-horizons-bfr-llc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Blue Horizons BFR, LLC - Capital Square - Raising capital, buildings and expectations\" \/>\n<meta property=\"og:description\" content=\"Capital Square has partnered with Sunstone Two Tree, again, to develop a build-for-rent, single-family rental community comprising 238 units on approximately 20.86 acres in Buckeye, Arizona, within the Phoenix-Mesa-Chandler MSA. The project is expected to include:\" \/>\n<meta property=\"og:url\" content=\"https:\/\/capitalsq.com\/offerings\/blue-horizons-bfr-llc\/\" \/>\n<meta property=\"og:site_name\" content=\"Capital Square - Raising capital, buildings and expectations\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/capitalsquarerealestate\" \/>\n<meta property=\"article:modified_time\" content=\"2025-11-17T16:06:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/capitalsq.com\/wp-content\/uploads\/2025\/11\/blue-horizons-exterior-1300.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1300\" \/>\n\t<meta property=\"og:image:height\" content=\"858\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/capitalsq.com\/offerings\/blue-horizons-bfr-llc\/\",\"url\":\"https:\/\/capitalsq.com\/offerings\/blue-horizons-bfr-llc\/\",\"name\":\"Blue Horizons BFR, LLC - Capital Square - Raising capital, buildings and expectations\",\"isPartOf\":{\"@id\":\"https:\/\/capitalsq.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/capitalsq.com\/offerings\/blue-horizons-bfr-llc\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/capitalsq.com\/offerings\/blue-horizons-bfr-llc\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/capitalsq.com\/wp-content\/uploads\/2025\/11\/blue-horizons-exterior-1300.jpg\",\"datePublished\":\"2025-11-17T16:05:04+00:00\",\"dateModified\":\"2025-11-17T16:06:19+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/capitalsq.com\/offerings\/blue-horizons-bfr-llc\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/capitalsq.com\/offerings\/blue-horizons-bfr-llc\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/capitalsq.com\/offerings\/blue-horizons-bfr-llc\/#primaryimage\",\"url\":\"https:\/\/capitalsq.com\/wp-content\/uploads\/2025\/11\/blue-horizons-exterior-1300.jpg\",\"contentUrl\":\"https:\/\/capitalsq.com\/wp-content\/uploads\/2025\/11\/blue-horizons-exterior-1300.jpg\",\"width\":1300,\"height\":858,\"caption\":\"Blue Horizons Exterior\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/capitalsq.com\/offerings\/blue-horizons-bfr-llc\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/capitalsq.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Offerings\",\"item\":\"https:\/\/capitalsq.com\/offerings\/all\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Blue Horizons BFR, LLC\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/capitalsq.com\/#website\",\"url\":\"https:\/\/capitalsq.com\/\",\"name\":\"Capital Square - Raising capital, buildings and expectations\",\"description\":\"Capital Square is one of the nation\u2019s leading sponsors of tax-advantaged real estate investments and an active developer and manager of multifamily communities\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/capitalsq.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Blue Horizons BFR, LLC - Capital Square - Raising capital, buildings and expectations","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/capitalsq.com\/offerings\/blue-horizons-bfr-llc\/","og_locale":"en_US","og_type":"article","og_title":"Blue Horizons BFR, LLC - Capital Square - Raising capital, buildings and expectations","og_description":"Capital Square has partnered with Sunstone Two Tree, again, to develop a build-for-rent, single-family rental community comprising 238 units on approximately 20.86 acres in Buckeye, Arizona, within the Phoenix-Mesa-Chandler MSA. The project is expected to include:","og_url":"https:\/\/capitalsq.com\/offerings\/blue-horizons-bfr-llc\/","og_site_name":"Capital Square - Raising capital, buildings and expectations","article_publisher":"https:\/\/www.facebook.com\/capitalsquarerealestate","article_modified_time":"2025-11-17T16:06:19+00:00","og_image":[{"width":1300,"height":858,"url":"https:\/\/capitalsq.com\/wp-content\/uploads\/2025\/11\/blue-horizons-exterior-1300.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/capitalsq.com\/offerings\/blue-horizons-bfr-llc\/","url":"https:\/\/capitalsq.com\/offerings\/blue-horizons-bfr-llc\/","name":"Blue Horizons BFR, LLC - Capital Square - Raising capital, buildings and expectations","isPartOf":{"@id":"https:\/\/capitalsq.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/capitalsq.com\/offerings\/blue-horizons-bfr-llc\/#primaryimage"},"image":{"@id":"https:\/\/capitalsq.com\/offerings\/blue-horizons-bfr-llc\/#primaryimage"},"thumbnailUrl":"https:\/\/capitalsq.com\/wp-content\/uploads\/2025\/11\/blue-horizons-exterior-1300.jpg","datePublished":"2025-11-17T16:05:04+00:00","dateModified":"2025-11-17T16:06:19+00:00","breadcrumb":{"@id":"https:\/\/capitalsq.com\/offerings\/blue-horizons-bfr-llc\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/capitalsq.com\/offerings\/blue-horizons-bfr-llc\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/capitalsq.com\/offerings\/blue-horizons-bfr-llc\/#primaryimage","url":"https:\/\/capitalsq.com\/wp-content\/uploads\/2025\/11\/blue-horizons-exterior-1300.jpg","contentUrl":"https:\/\/capitalsq.com\/wp-content\/uploads\/2025\/11\/blue-horizons-exterior-1300.jpg","width":1300,"height":858,"caption":"Blue Horizons Exterior"},{"@type":"BreadcrumbList","@id":"https:\/\/capitalsq.com\/offerings\/blue-horizons-bfr-llc\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/capitalsq.com\/"},{"@type":"ListItem","position":2,"name":"Offerings","item":"https:\/\/capitalsq.com\/offerings\/all\/"},{"@type":"ListItem","position":3,"name":"Blue Horizons BFR, LLC"}]},{"@type":"WebSite","@id":"https:\/\/capitalsq.com\/#website","url":"https:\/\/capitalsq.com\/","name":"Capital Square - Raising capital, buildings and expectations","description":"Capital Square is one of the nation\u2019s leading sponsors of tax-advantaged real estate investments and an active developer and manager of multifamily communities","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/capitalsq.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"rendered-html":"<div class=\"clickable excerpt-card location-status-Open post-182453 location type-location status-publish has-post-thumbnail hentry service-build service-invest investment-development-fund\" id=\"p182453\" data-href=\"https:\/\/capitalsq.com\/offerings\/blue-horizons-bfr-llc\/\" data-location-status=\"open\" data-lat=\"33.4501986\" data-lng=\"-112.4789136\">\n\n<a href=\"https:\/\/capitalsq.com\/offerings\/blue-horizons-bfr-llc\/\" class=\"thumbnail\" aria-labelledby=\"p182453-title\"><img width=\"1024\" height=\"676\" src=\"https:\/\/capitalsq.com\/wp-content\/uploads\/2025\/11\/blue-horizons-exterior-1300-1024x676.jpg\" class=\"attachment-post-thumb size-post-thumb wp-post-image\" alt=\"Blue Horizons Exterior\" style=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/capitalsq.com\/wp-content\/uploads\/2025\/11\/blue-horizons-exterior-1300-1024x676.jpg 1024w, https:\/\/capitalsq.com\/wp-content\/uploads\/2025\/11\/blue-horizons-exterior-1300-300x198.jpg 300w, https:\/\/capitalsq.com\/wp-content\/uploads\/2025\/11\/blue-horizons-exterior-1300-768x507.jpg 768w, https:\/\/capitalsq.com\/wp-content\/uploads\/2025\/11\/blue-horizons-exterior-1300.jpg 1300w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>    <span class=\"location-status open\">Open<\/span><\/a>\n\n<h3 class=\"title\" id=\"p182453-title\"><a href=\"https:\/\/capitalsq.com\/offerings\/blue-horizons-bfr-llc\/\">Blue Horizons BFR, LLC<\/a><\/h3>\n<div class=\"content\"><p>Capital Square has partnered with Sunstone Two Tree, again, to develop a build-for-rent, single-family rental community comprising 238 units on approximately 20.86 acres in Buckeye, Arizona, within the Phoenix-Mesa-Chandler MSA. The project is expected to include:<\/p>\n<\/div>\n<div class=\"meta-bottom\">\n    <div class=\"location\"><span class=\"icon fa-solid fa-location-dot \"><\/span>Buckeye, AZ<\/div>\n    <div class=\"terms type\"><a href=\"https:\/\/capitalsq.com\/investment\/development-fund\/?post_type=location\" rel=\"tag\">Development Fund<\/a><\/div><\/div>\n\n<\/div>","_links":{"self":[{"href":"https:\/\/capitalsq.com\/wp-json\/wp\/v2\/location\/182453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/capitalsq.com\/wp-json\/wp\/v2\/location"}],"about":[{"href":"https:\/\/capitalsq.com\/wp-json\/wp\/v2\/types\/location"}],"version-history":[{"count":0,"href":"https:\/\/capitalsq.com\/wp-json\/wp\/v2\/location\/182453\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/capitalsq.com\/wp-json\/wp\/v2\/media\/182451"}],"wp:attachment":[{"href":"https:\/\/capitalsq.com\/wp-json\/wp\/v2\/media?parent=182453"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/capitalsq.com\/wp-json\/wp\/v2\/tags?post=182453"},{"taxonomy":"service","embeddable":true,"href":"https:\/\/capitalsq.com\/wp-json\/wp\/v2\/service?post=182453"},{"taxonomy":"investment","embeddable":true,"href":"https:\/\/capitalsq.com\/wp-json\/wp\/v2\/investment?post=182453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}