Cottonwood Multifamily REIT I, Inc. Increases NAV

October 3, 2017

Cottonwood Multifamily REIT I, Inc. Increases NAV

September 29, 2017 | Luke Schmidt | Blue Vault


Effective September 1, 2017, the net asset value of shares of Cottonwood Multifamily REIT I, Inc. increased from $10.00 to $10.85, as established by the Board of Directors of the Company.  The current distribution rate remains unchanged at $0.575 per share on an annualized basis through June 30, 2017.

The NAV of the Company was determined primarily by third-party independent appraisals and considered metrics such as cash flows, comparable sales metrics, capitalization rates, loan balances, interest rates, and financial projections.

As of June 30, 2017, the Company reported $45.2 million in total assets with 90% membership interests in three multifamily apartment communities.  The Company’s intent is to have stabilized, Class A multifamily apartment communities provide a stable source of income for their shareholders and to maximize potential returns upon disposition through capital appreciation.



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Thomas E. Burns, III
July 29, 2015
February 22, 2016

I subscribe to Blue Vault to keep up with the sponsors and their wholesalers! The analysis keeps me up to date with the various portfolios and the way they are managed, including the differences between them.