Cardinal Group Management Awarded Management of The Cottages at Erie Commons
DENVER, CO – September 7, 2023 – Cardinal Group Management (CGM) continues to expand presence in Colorado with management of The Cottages at Erie Commons, a 151-unit Build-to-Rent (BTR) new development community. The awarding of this community marks Cardinal’s second BTR property in Colorado following BB Living at Murphy Creek in Aurora.
The Cottages offers primarily three bedroom, single-family, detached homes in the fast-growing city of Erie, Colorado. The units feature premium design with details including attached garages, balconies, granite countertops and stainless steel appliances. The community’s location provides residents convenient access to downtown Erie in addition to nearby recreation including hiking and biking trails, ski resorts, golf courses and park.
“We’re very excited for the opportunity to manage The Cottages at Erie Commons community. We’ve seen remarkable growth in our conventional portfolio across several markets in Colorado within the last year. This latest addition serves as an excellent opportunity for Cardinal to grow their expertise within the niche field of BTR new development” said Hayden Cullen, Director of Business Development, Cardinal Group.
Cardinal Group is an industry leader in multifamily housing committed to delivering best-in-class service to our clients and residents. With an extensive portfolio of 12,000 conventional housing units, Cardinal Group brings a wealth of experience to this community. Cardinal was selected for this management opportunity due to the proven success within the mountain market, with 14 new development properties currently managed across Colorado.
“We are excited to join forces with Cardinal Management Group for the debut of our premium build-for-rent community at the Cottages at Erie Commons. This partnership will deliver a maintenance-free, community focused experience for those searching for an alternative to the traditional rental experience” said Chase Stillman, a representative of The Cottage at Erie Commons.
For more information about The Cottages at Erie Commons, visit http://thecottagesateriecommons.com/
About Cardinal Group Companies
Cardinal Group Companies (“CGC”) is a fully integrated real estate management, investment, construction, consulting, and marketing firm focused on multifamily and student housing throughout the country. Headquartered in Denver, Colorado, CGC affiliate companies are all firmly built atop the company’s “Cardinal Culture.” Since 2007, CGC has been operating successful partnerships, focused on creating efficiency and above market performance via their commitment to challenging the status quo of the industry. To date, Cardinal Group Companies has developed several best-in-class initiatives, which have earned the company national recognition year after year. CGC’s management platform oversees nearly 90,000 student housing beds and nearly 40,000 total units across the U.S., including CGC’s owned portfolio and third-party managed properties.
To learn more about Cardinal Group Companies, please visit www.CardinalGroup.com.
Media Contact:
Ainsley Robinson