Cottonwood Residential News


Cottonwood Residential Awarded Management of 935M Apartments in West Midtown Atlanta
Atlanta, Georgia - Tuesday, March 21, 2017

Cottonwood Residential has been awarded management of 935M Apartments, a class A property in West Midtown Atlanta. This mid-rise community, originally built in 2010, features 282 units with 14,153 square feet of on-site retail space.

Available floorplans include studio, one and two-bedroom homes ranging from 583 to 1,608 square feet. All homes feature upscale concrete flooring, floor-to-ceiling windows, and gourmet kitchens with culinary islands. The community is also rich in perks, offering a spacious fitness center, controlled access garage, resort-style pool, and Wi-Fi lounge.

“Cottonwood Residential is continuing to manage high-end product in urban locations,” remarked Jaynee Samnik, Vice President of Operations. “Our experience in West Midtown, along with our presence in the Atlanta metro area, made this a perfect fit.”
935M is located in the heart of Atlanta’s West Midtown retail district, one mile from the Georgia Tech University campus. It offers an ample variety of cultural amenities, from its access to Atlanta’s 22-mile BeltLine pedestrian and bike path, to nearby Piedmont Park and High Museum of Art.

For more information about 935M, please see their website at 935m.com.

St. Petersburg Acquisition Expands Cottonwood Residential Footprint in Major Metro Areas
St. Petersburg, Florida - Wednesday, March 15, 2017

Cottonwood Residential has acquired newly-developed Modera Prime 235 in St. Petersburg, Florida. Accompanying its change of ownership, the community has been renamed as Cottonwood Bayview. The new name incorporates the identity of its new parent company, Cottonwood Residential, while also playing up the community’s unique location and views of Tampa Bay.

Cottonwood Bayview is a 309-unit, 8-story, class A property situated in an unprecedented location. It increases the company’s footprint in major metropolitan areas, bringing with it exceptional walkability to waterfront shopping, dining, entertainment, museums, and cultural venues.

“It’s an urban playground,” remarked Glenn Rand, Executive Vice President. “Cottonwood Bayview is centrally located in one of St. Petersburg’s most dynamic neighborhoods.”

Cottonwood Bayview’s studio, one bedroom, and two bedroom units feature 42” European-styled cabinetry, Energy Star stainless-steel appliances, wood plank flooring, culinary kitchen islands, and 9-foot ceilings. The property also features a cardio studio, social clubroom with game lounge, resort pool with sundeck, two rooftop terraces with views of Tampa Bay.

The acquisition of Cottonwood Bayview caps a string of high-profile acquisitions and third-party management awards that extend the company’s presence in urban growth markets, including Atlanta, Dallas, Nashville, Charlotte, and Tampa.

For more information on Cottonwood Bayview, please visit cottonwoodbayview.com.

Key New Hire Allows Cottonwood Residential to Bring Revenue Management In-House
Salt Lake City, Utah – Wednesday, December 23, 2016

Michele O’Donoghue has joined Cottonwood Residential as Revenue Manager. This marks a step forward for the company as its pricing strategy can be further developed and customized to the needs of its communities.

Michele’s role will involve working closely with executives, Regional Managers, and Community Managers to optimize pricing for the company’s portfolio. This will allow Cottonwood Residential to go beyond the realm of pricing calls, enabling revenue management to be more embedded into all aspects of community and corporate operations.

According to Jaynee Samnik, Vice President of Operations, Michele is the right person to elevate the company’s pricing strategy. “Michele is a seasoned professional in our industry and her vast experience will bring a new level to how Cottonwood manages, trains and implements LRO.”

Having started her career as a Community Manager with Archstone, Michele is able to combine her background of on-site management with her deep knowledge of revenue analysis to assist Cottonwood communities with all aspects of leasing. Her prior roles also include Software Implementation Consultant and National Training Specialist with Archstone, Records Coordinator at AMR Management Services, and Pricing Analyst at Maxx Properties and Alliance Residential. Michele received a Bachelor of Arts in Communication from Michigan State University.

Cottonwood Residential Increases its Urban Presence with Management of Uptown Dallas Property
Dallas, TX - Monday, December 19, 2016

Cottonwood Residential has been selected by The Kislak Organization to manage Routh Street Flats in Uptown Dallas. This management assignment marks an important continuation of the company’s push into vibrant, walkable districts. It also demonstrates Cottonwood’s abilities in managing urban, luxury properties for third-party clients and its own portfolio.

“We have the right team and a track record with high-end assets in urban markets,” mentioned Brandy Hall, Vice President of Operations. “It was a natural fit for The Kislak Organization and Cottonwood Residential.”

The six-story, 208-unit midrise property was built in 2015 and is fully stabilized. Located at 3033 Routh Street in Dallas, it is rated as a “Walker’s Paradise” by Walkscore.com with a score of 93 out of 100.

“While most of DFW requires a car to get around, Uptown is the exception. Routh Street Flats is in the hip, walkable center of it all for North Texas. Residents here can live, work, and find every convenience right outside their door,” remarked Steven Faltz, Regional Vice President.

Aside from its exceptional location, the community also provides an unparalleled set of interior and on-site amenities. Apartment homes feature expansive 9-foot ceilings and 8-foot doors, designer kitchens, and full-size washer/dryers. The property brings luxury-level perks that include a rooftop terrace with city views, infinity-edge saltwater pool, private dog park, gated parking garage, and poolside 24-hour fitness center.

More information on Routh Street Flats can be found at www.routhstreetflats.com.

Cottonwood Continues to Attract Top Talent: Maria Smith Joins as Regional Manager
Salt Lake City, Utah - Wednesday, December 7, 2016

Maria Smith recently joined Cottonwood Residential as Regional Manager, bringing with her a wide range of talents and experience to the role.

What attracted her to Cottonwood was its growth and forward thinking. Maria remarked, “I am excited to become part of a young company that is going in the direction of growth, new opportunities, and welcoming industry-leading innovation.”

Maria has previously worked as a Regional Manager with Pinnacle Family of Companies and Bell Partners, Inc. She also graduated with a Bachelor of Arts in Communication from the University of Central Florida.

“Maria is a strong and dynamic leader,” commented Brandy Hall, VP of Operations at Cottonwood Residential. “She effectively coaches those she works with and pushes them to be the best in the industry.”