# CS RE Holdings, LLC — capital_return/buyback_authorization [announced]
Source: SEC API (secapi.ai) · situation sit_981af230094a0ac0e294 · retrieved 2026-08-11T16:15:05.673Z

## Overview
Core University Living Real Estate Income Trust is a Maryland statutory trust that develops, acquires, and manages student housing and build-to-rent communities through its sponsor, Core Spaces, LLC.

CS RE Holdings, LLC, a Delaware limited liability company and wholly owned subsidiary of Core Spaces, LLC, acquired a total of 3,090,859 shares of beneficial interest in Core University Living Real Estate Income Trust. The acquisition occurred in three tranches: on February 2, 2026, CS RE Holdings purchased 100 shares for $1,000; on July 21, 2026, it purchased 2,000,000 shares for $20,000,000 (subject to a three-year lock-up, after which the Issuer may repurchase them under its share repurchase plan); and on the same date, it purchased 1,090,759 shares for $10,907,590 as part of the Issuer's continuous private offering. The aggregate purchase price was $30,908,590, funded from working capital and capital contributions made to Core Spaces. As of July 21, 2026, CS RE Holdings held 23.51% of the outstanding shares.

## Terms
- Deal value: $30.9M · Consideration: cash · Stake: 23.51% · Price/share: $10

## Key dates
- Announced 2026-07-29

## Timeline
- 2026-07-29 · SCHEDULE 13D (0001193125-26-321790): SCHEDULE 13D - CS RE Holdings, LLC — *Core University Living Real Estate Income Trust is a Maryland statutory trust that develops, acquires, and manages student housing and build-to-rent communities through its sponsor, Core Spaces, LLC.* CS RE Holdings, LLC, a Delaware limited liability company and wholly owned subsidiary of Core Spaces, LLC, acquired a total of 3,090,859 shares of beneficial interest in Core University Living Real Estate Income Trust. The acquisition occurred in three tranches: on February 2, 2026, CS RE Holdings purchased 100 shares for $1,000; on July 21, 2026, it purchased 2,000,000 shares for $20,000,000 (subject to a three-year lock-up, after which the Issuer may repurchase them under its share repurchase plan); and on the same date, it purchased 1,090,759 shares for $10,907,590 as part of the Issuer's continuous private offering. The aggregate purchase price was $30,908,590, funded from working capital and capital contributions made to Core Spaces. As of July 21, 2026, CS RE Holdings held 23.51% of the outstanding shares.
  https://www.sec.gov/Archives/edgar/data/2140787/0001193125-26-321790.txt

## Citations
- 0001193125-26-321790 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526321790