Which multifamily-focused nontraded REIT saw its net asset value per share increase from $18.99 to $20.08 per Class I share from Q4 2021 to Q1 2022, an increase of 5.7% in three months?
Answer: Cottonwood Communities, Inc. owns 7,294 units of stabilized multifamily properties as of March 31, 2022. The REIT currently has a perpetual offering of common shares.