Richard Cotton

Specializing in apartment sales and acquisitions in North Carolina.
Managing Director
Multifamily Realty Advisors, LLCWilmington, NC (910) 431-7986
ABOUT

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.

  • Specialties
    Investment Sales Broker
  • Markets
    Raleigh/Durham, Wilmington
  • Property Types
    Land, Specialty, Multifamily
  • Websites
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