Multifamily housing has been one of the best performing sectors in commercial real estate over the last several years due in large part to strong demographic trends and moderate economic expansion in the US. These trends are likely to continue with home-ownership rates stagnating, seniors looking to downsize, and the emergence of the Echo Boomer generation which will be 71 million strong by 2017. Cottonwood Residential Inc. is a fully integrated real estate investment company that focuses solely on the acquisition and management of multifamily properties in growing markets across the US. Amenities in these properties include resort style pools, state of the art exercise rooms, multi-media rooms, volleyball courts, and outdoor kitchens catering to where a new generation of renters wants to live.
As of June 30th, Cottonwood Residential has interest in 14,220 apartment units across the U.S. with occupancy over 92% delivering a current distribution to shareholders of 5.52%.