Richard Cotton
Managing Director, Multifamily Realty Advisors, LLC
Wilmington, NC 28405
Specializing in apartment sales and acquisitions in North Carolina.
Phone (910) 431-7986
Specializing in apartment sales and acquisitions in North Carolina.
Specialties
Investment Sales Broker
Property Types
Land, Specialty, Multi-Family
Markets
Raleigh/Durham, Wilmington
Bio
Richard Cotton is Managing Director of Multifamily Realty Advisors. He has an extensive background in the acquisition, management, and sale of multifamily projects. For more than twenty-five years, he was President, CEO, and majority stockholder of Montgomery Financial Corporation (“MFC”), a real estate investment and management firm where he successfully created and managed a series of nineteen (19) real estate limited partnerships that acquired, owned and operated a diversified portfolio of residential and commercial real estate in four states. Richard has broad experience as a principal in the negotiation of contracts relating to the acquisition, financing and sale of commercial real estate, particularly multi-family and hotel properties.
Prior to the formation of Multifamily Realty Advisors, from 2004-2009, Richard was a commercial broker specializing in multifamily with Prudential CRES Commercial Real Estate (Raleigh and Wilmington) which subsequently merged with Coldwell Banker-Sun Coast Partners. During this period, he was the leading broker in sales volume for the years 2005-2006 and was "Broker of the Year" in both 2007 and 2009. He has also received the CoStar Power Broker Award for 2009 and 2011 for the Raleigh-Durham market.
Richard’s exclusive focus as a broker is multifamily acquisitions, sales, and development. He maintains offices in both Raleigh and Wilmington and is an Advisory Committee Member of the National Multi Housing Council.
