Cotra

Cotra
A Slate Blue Capital portfolio company
"Modern communities designed for the way urban life actually works."
Multifamily Development · Portfolio Company

Cotra


Sustainable, technology-enabled multifamily communities for urban dwellers.

$11.685B
Investment Capital
11
Investment Funds
Tier 2
STRATEGY TIER
Multifamily Development
Sector
Strategy

Investment thesis

Cotra is a real estate development company specializing in multifamily residential communities designed for modern urban dwellers, combining sustainability, smart technology, and community-focused amenities. The company develops thoughtfully designed properties that deliver attainable quality, energy efficiency, and connected neighborhoods. Multifamily development addresses structural housing undersupply while producing durable rental income once stabilized. As a growth core real estate position within the housing platform, Cotra balances development upside with the stability of recurring residential income. Returns are driven by development discipline, energy efficiency, and occupancy rather than market timing.

Operations

What Cotra operates

  • Develops sustainable multifamily residential communities
  • Builds energy-efficient systems that lower resident utility costs
  • Integrates smart home technology across units
  • Designs community amenities that create connected neighborhoods
  • Targets attainable quality for modern urban dwellers
Capital structure

Fund architecture

Cotra deploys investment capital through a consolidated stack of 7 platform funds, anchored by an originating Fund 0 vehicle and built out across Fund I through Fund VII. Each fund targets a distinct sub-strategy within multifamily development, while operations and reserve funds provide platform infrastructure, liquidity, and co-investment capacity. The architecture concentrates capital in scaled vehicles and aligns terms to the cash-flow durability of each strategy.

Investment capital$11.685B
Investment funds11
Operations funds$1.170B
Reserve funds$1.170B
Strategy tierTier 2, Growth Core RE
Cotra fund-by-fund detail
FundStrategyTarget sizeTarget return
Fund IWorkforce, Value-Add, and Suburban Apartment Acquisition$2.98B8% pref
Fund IICore Stabilized Multifamily$1.49B8% pref
Fund IIIGround-Up Market-Rate Multifamily Development$2.80B8% pref
Fund IVStudent Housing$975M8% pref
Fund VLuxury Multifamily$1.24B8% pref
Fund VIMixed-Income Affordable Multifamily$1.19B8% pref
Fund VIIMultifamily Mortgage and Credit$1.01B8% pref
In Cotra we backed durable demand and disciplined operations. The thesis is simple: own essential assets, underwrite conservatively, and let recurring income compound.
Slate Blue Capital Investment Committee

Talk to our investor relations team

For fund materials, capital account information, and partnership inquiries, reach Slate Blue Capital directly.

Contact Investor Relations