US EditionCottonwood Communities, RealSource Reach $2.8B Merger Deal
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Cottonwood Communities, RealSource Reach $2.8B Merger Deal
Cottonwood Communities has entered into a deal with a private owner to take over its largely Sun Belt apartment portfolio. The Salt Lake City-based nontraded REIT signed a merger agreement with RealSource Properties, the companies announced. The deal would make RealSource a subsidiary of Cottonwood, and the combined company would have $2.8B in assets. “We believe this merger strengthens our platform through increased scale and diversification, …
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