The Multi-family Opportunity
One in three rents in the US. Every year 300,000 new apartments are needed to keep up with demand, yet only 144,000 units were built in 2012 and 183,000 completed in 2013. Simple economics tells us that if supply is low and demand is high then prices should go up. This is a great time to own apartments, as many people have already figured out. How then does one take advantage of the opportunity in multi-family? It has become increasingly difficult to be a buyer today with prices skyrocketing as more money floods the space. This meeting will focus on a unique strategy of how to allocate a portfolio into multi-family by utilizing Cottonwood Residential.
Cottonwood Residential is a fully integrated real estate investment company focused solely on the multifamily sector. Their expert service in asset and property management is complemented with capabilities in the financial, construction, and legal aspects of Tenant-In-Common multifamily ownership. Join the South Coast Team along with Eric Marlin, Managing Director at Cottonwood Residential, to discuss the Cottonwood Residential Operating Partnership that manages over 140 multi-family assets throughout the US. Register for lunch on Wednesday, June 25th at 12pm in the South Coast Office.