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Cottonwood Communities set to expand apartment holdings by 30%

Nontraded REIT agrees to acquire 11-property portfolio
The largest property in the portfolio Cottonwood is set to acquire is the 528-unit Antero apartments in Colorado Springs, Colorado. (CoStar)
The largest property in the portfolio Cottonwood is set to acquire is the 528-unit Antero apartments in Colorado Springs, Colorado. (CoStar)

Cottonwood Communities and RealSource Properties, two multifamily property owners in the Salt Lake City area, agreed to merge in a deal that sets the stage for a significant expansion of Cottonwood’s portfolio.

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