Multifamily Realty Advisors (“MRA”) is a regional commercial real estate firm with an exclusive focus on the apartment sector. MRA’s principal, Richard Cotton, has an extensive background in the acquisition, management and sale of multifamily properties (see “Broker Profile”). Providing brokerage and advisory services to buyers, sellers, and developers of apartment properties, we serve local, regional, and national multifamily clients with the market knowledge expected of a local broker. The firm’s primary apartment markets are Raleigh/Durham/Chapel Hill (the “Triangle”) and Wilmington, North Carolina. MRA will accept assignments in certain secondary markets within the region on a case-by-case basis.
Exclusive Focus on Apartments
MRA has a single focus — Apartments. We are engaged exclusively in the representation of private and institutional investors in the purchase, development, management, and sale of multi-family properties. We provide accurate and timely in-depth market and property-specific analysis ranging from single assets to portfolios of multifamily properties. We have the experience to work through complex issues related to underwriting, deal structure, financing, market analysis, contract negotiations, and due diligence. With our exclusive focus on apartments, we have the experience and the degree of specialization to handle every type of apartment transaction while delivering institutional quality services to apartment owners and investors.
Our role in most transactions is that of Exclusive Listing Broker for the Seller. On each such assignment, our obligation and duty is to represent the best interests of the Seller at all times and obtain the highest possible price and best terms for the Seller. On occasion, we undertake to represent a Buyer in finding “off-market” apartment properties to acquire. In those assignments, our role is to represent the Buyer’s best interests and to obtain the best possible price and terms for the Buyer. And while it is permissible under North Carolina law for a broker to represent both Buyer and Seller as a “Dual Agent” in the same transaction, our policy is to represent either the Seller or Buyer, but not both, in the same transaction.
No other broker follows apartment development in the Triangle the way Richard Cotton does. In order to stay informed, he personally visits each and every apartment development site on a regular basis, including projects currently under construction and proposed. For our developer and lender clients, we have the most comprehensive on-line reports available on new apartment development in the Triangle. We can assist apartment developers with site selection and acquisition, particularly “off-market” site acquisitions and potential landowner/developer joint ventures.
For information on the various roles of real estate brokers, please download a copy of the brochure entitled “Working with Real Estate Agents”. If you are a potential Buyer or Seller and this is the first contact with our firm, we are required by the North Carolina Real Estate Commission to review this brochure with you at the first opportunity and answer any questions you may have. Please contact Richard Cotton at 910-431-7986 or by email at email@example.com for more information.