Eliason 1031 Properties Announcement - May 26, 2010
Eliason 1031 Properties announces the recommendation of Cottonwood Capital as the replacement sponsor/asset manager for their Eliason TIC and DST portfolio. Eliason wrote in a letter to investors and registered representatives last night, “Cottonwood Capital has been a strong competitor of ours since we entered the TIC business in 2004. Just like Eliason, they put a very high priority on investor relations, and are similarly focused on multi-family assets. In fact, many of Cottonwood’s current properties are in the same markets as the Eliason properties. We feel that Cottonwood most closely resembles the culture and business philosophy of Eliason and that Cottonwood is the best option for you and your property over the long-term.”
 
Chad Christensen, President of Cottonwood Capital notes “We are very pleased with the trust and confidence that Eliason has shown us. We look forward to working with David and Brian and with the Eliason investors in providing a smooth transition. We will bring our full support and attention both to the transition process and to the properties.”
 
Based in Salt Lake City, UT, Cottonwood Capital is a fully-integrated multifamily-focused real estate operating company. Cottonwood has sponsored 17 multifamily properties in the Tenant in Common channel over the last 5 years. Currently Cottonwood manages over 8,500 multifamily units in 11 states. Please see our Team section to read more about the people of Cottonwood Capital and our Property Management page to read about our Management philosophy and capabilities.

Cottonwood Capital Continues to Expand its Property and Asset Management Focus - May 24, 2010
Cottonwood Capital continues to expand its property and asset management focus. Last year Cottonwood took over the property and asset management of a several DBSI properties. Cottonwood announced earlier this year that it now manages six properties sponsored by Desanto Realty Group. Additionally, we have recently been appointed by the investor groups from four Evergreen properties to take over asset management as well. Throughout these appointments we continue to focus on driving lasting results through sound operations at each of the properties we manage.