AcquisitionSep 2, 2026Pending
🇺🇸 United States
OEOwner EntitiesCCCottonwood Communities, Inc.
Real Estate › Real Estate Operating & Development
Enterprise value$520MEnterprise value
AnnouncedSep 2, 2026
ConsiderationCash and stock
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentYes
Overview
Cottonwood Communities, Inc. agreed to acquire a portfolio of multifamily residential properties and Mandel Property Services, LLC from entities controlled by Barry R. Mandel for approximately $519,925,000, payable in cash and CROP Units, including assumption or repayment of indebtedness.
Deal rationale
The transaction is designed to result in CCI indirectly owning all interests in the multifamily portfolio and to acquire Mandel's property management platform.
AI-generated from the SEC filingPendingReal Estate › Real Estate Operating & DevelopmentUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $520M | Headline figure |
| Consideration | Cash and stock |
Advisors
Buy-side
None listed
Sell-side
JSJLL Securities
Parties
Target
OEOwner Entities
- Headquarters
- United States
- Ticker
- —
Acquirer
CCCottonwood Communities, Inc.
- Headquarters
- United States
- Ticker
- —