8-K
filed December 19, 2025, 6:59 PM ET
CIK 0001692951
M&A
confidence high
sentiment positive
materiality 0.85
Cottonwood Communities, Inc.: M&A transaction — Cottonwood Communities closes $500M merger with RealSource; portfolio GAV reaches $2.6B
Cottonwood Communities, Inc.
- Acquired 11-property, 3,565-unit RealSource portfolio for ~$500M in stock-for-stock merger closing Dec 18, 2025.
- Combined portfolio GAV $2.6B; 48 communities, 11,037 units in 13 states; new markets: OH, CO, KY.
- External advisor fee cut to 1.25% of NAV from 1.5%, effective at closing (16.7% reduction).
- Executives to invest $3M equally in CCI common stock/units and Series A convertible preferred by Jan 2, 2026.
- Post-closing exchange ratio adjustments for losses up to $30M; environmental claims covered until 2027.
Key facts
Extracted from this filing and checked against the source text.
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
Cottonwood Communities, Inc. completed an acquisition involving RealSource Properties, Inc. (closed 2025-12-18).
- Action
- acquisition
- Counterparty
- RealSource Properties, Inc.
- Closing
- 2025-12-18
Exact text from the filing
On December 18, 2025, upon the terms and subject to the conditions of the Merger Agreement, (i) RS merged with and into Merger Sub, with Merger Sub surviving as a direct, wholly owned subsidiary of CCI (the “Company Merger”) and (ii) RSOP merged with and into CROP, with CROP surviving (the “Partnership Merger” and, together with the Company Merger, the “Merger”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Cottonwood Communities, Inc. amended Amendment with CC Advisors III, LLC (effective 2025-12-18).
- Action
- amendment
- Counterparty
- CC Advisors III, LLC
- Effective
- 2025-12-18
Exact text from the filing
On December 18, 2025, Cottonwood Communities, Inc. (“CCI”), Cottonwood Residential O.P., LP (“CROP”), a subsidiary and the operating partnership of CCI, and CC Advisors III, LLC (“CC Advisors III”), the external advisor to CCI and CROP, entered into an amendment (the “Amendment”) to the Amended and Restated Advisory Agreement dated May 7, 2025 (the “Advisory Agreement”).
View on SEC.gov
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