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Cortland Raises $650 Million for Value-Add Apartment Deals in Sun Belt

CEO Cites ‘Strengthening Demand’ Among Investors for Prime Apartment Properties
Steven DeFrancis is the CEO of Cortland, an apartment investment and development firm headquartered in Atlanta. (Courtland)
Steven DeFrancis is the CEO of Cortland, an apartment investment and development firm headquartered in Atlanta. (Courtland)

Cortland is seeking to buy apartments with room for improvement in the Sun Belt region after the multifamily development and investment company closed a hefty fund raise.

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