Cottonwood

Headquartered in Salt Lake City, Utah, Cottonwood is a fully integrated real estate company focused exclusively on the multifamily asset class. Cottonwood has significant experience in multifamily acquisitions, ownership, development and structured investments, and is led by a core executive management team with over 100 years of combined industry related experience and has spent an average of the past 10 years together working on the day to day strategy of the company.

Cottonwood invests primarily in major metropolitan markets throughout the U.S. and currently manages over 14,000 apartment units across 13 states, representing approximately $2.5 billion in assets under management.

Performance Fact

NAV increased from $17.2839 as of December 31, 2021, to $19.6324 as of March 31, 2022, representing an increase of 13.6%.

Operational Fact

Funds from operations attributable to common shareholders and unit holders were $6.27 million in Q1 2022 compared to negative $1.67 million in Q1 2021. FFO per common share increased from negative $0.14 to positive $0.11 from Q1 2021 to Q1 2022. The physical occupancy rate for its 7,294 units as of March 31, 2022, was 95.34%. 

Capital Raise Fact

As of March 31, 2022, the REIT raised approximately $122.0 million from the sale of common stock in an initial public offering that it conducted from August 2018 through December 2020; the REIT raised gross proceeds of approximately $127.3 million from the sale of Series 2019 Preferred Stock in a private offering to accredited investors only; and it raised approximately $36.1 million in its follow-on offering that it commenced in November 2021 (including shares issued through the distribution reinvestment plan offering). 

Management Team

Enzio Cassinis

Chief Executive Officer & President

Adam Larson

Chief Financial Officer

Paul Fredenberg

Chief Investment Officer

Gregg Christensen

Chief Legal Officer

Susan Hallenberg

Chief Accounting Officer & Treasurer

NONTRADED REITS

Cottonwood Communities, Inc.
Cottonwood Multifamily Opportunity Fund, Inc. (Offering Closed)
Cottonwood Multifamily REIT I, Inc. (Offering Closed)
Cottonwood Multifamily REIT II, Inc. (Offering Closed)

PRIVATE OFFERINGS

Information about Private Offerings is available in the Blue Vault Database (for financial professionals only).

Cottonwood Investor Services
1245 Brickyard Road
Suite 250
Salt Lake City, UT 84106

Phone Number
855-816-9112

Investor Services
844-422-2584

Managing Broker Dealer
Orchard Securities, LLC
(Member FINRA/SIPC)

Phone Number
801-316-4361

 

Want to learn more about this investment manager?

 

Subscribers may view the sponsor’s Profile Page in the Blue Vault Database.

 

For information about becoming a subscriber, click here.

 

 

For Financial Professional Use Only. Not for Retail Clients.