The Utah-based real estate company continues its private placement offering, bringing total outstanding Series 2025 Preferred Stock shares to nearly 10.8 million.

March 18, 2026

Cottonwood Communities, Inc. reported that it sold approximately 137,655 shares of its Series 2025 Preferred Stock during a roughly two-week period in early March 2026, generating aggregate proceeds of about $1.374 million.

The Salt Lake City-based company disclosed the sales in a regulatory report dated March 16, 2026, covering transactions from March 4 through March 15. The shares were issued at a purchase price of $10.00 per share, though certain categories of purchasers may receive discounts.

Offering Details and Costs

In connection with the latest batch of sales, Cottonwood paid selling commissions totaling $82,440 and placement fees of $41,133. As of March 15, 2026, the company reported that 10,757,769 shares of Series 2025 Preferred Stock were outstanding.

The Series 2025 Private Offering launched on December 9, 2024 and is structured as a best-efforts private placement with a maximum raise of $150 million. The offering is limited to accredited investors and does not involve general solicitation, qualifying for an exemption from registration under Rule 506(b) of Regulation D.

Company Background

Cottonwood Communities is a Maryland-incorporated company headquartered in Salt Lake City, Utah. Its preferred stock is not listed on any national securities exchange. Enzio Cassinis, the company’s president, authorized the regulatory disclosure.

The latest round of sales suggests steady, ongoing investor interest in the offering, though the pace of capital raised remains modest relative to the $150 million ceiling. The company has raised proceeds across multiple reporting periods since the offering began in late 2024.