Century west multifamily income reit

Cautionary Language:

The information appearing on this website is supplied by the management of Century West Multifamily Income REIT, LLC (the "Company") and includes statements which constitute forward looking statements. These forward-looking statements are based upon the Company's present intents, beliefs or expectations, but forward-looking statements are not guaranteed to occur and may not occur. The Company's actual results may differ materially from those contained in the Company's forward-looking statements. The information contained in the Company's filings with the Securities and Exchange Commission, including under “Risk Factors" and “Warnings Concerning Forward Looking Statements” in the Company's Securities Registration Statement(s) and/or the Company's Periodic Reports, and/or other filings, each identify important factors that could cause the Company's actual results to differ materially from those stated in the Company's forward-looking statements. The Company's filings with the SEC are available on the SEC’s website at www.sec.gov and are also accessible on this website. You should not place undue reliance upon forward-looking statements.

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Some documents provided in this archived section of the website are provided for historical purposes only. The information contained in each document is accurate only as of the date each document was originally issued, or such earlier date stated in those documents. Except as required by law, the Company does not undertake any obligation to update any information contained in these documents. For current information about the Company, please refer to our most recent public SEC Filings.

 

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About Century West Multifamily Income REIT, LLC:

Century West Multifamily Income REIT, LLC, a Delaware Limited Liability Company with its corporate offices in the State of California (the "Company"), is a self-managed and self-administered Real Estate Investment Trust ("REIT") that specializes in the acquisition, development, ownership and leasing of residential multifamily / apartment real estate properties in the Southwestern United States. 

 

The Company acquires, develops or re-develops, and then actively manages stabilized, commercial residential multifamily / apartment properties with the objective of providing a stable and secure source of income for the Company’s Shareholders and maximize potential returns upon disposition of the Company’s real estate assets through capital appreciation. 

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Though the Company's residential multifamily / apartment assets are currently, and expected to continue to be, concentrated in the Southwestern region of the United States, the Company's assets will also be geographically diverse and concentrated in major urban where more and more people are choosing renting over homeownership. According to Goldman Sachs "Millennials Coming of Age," Americans born between 1980 and 2000 are choosing to rent over homeownership due to factors such as (but not being limited to): significant student loan debt, general preference for a flexible lifestyle, tight credit standards in the single-family home mortgage market, and the delay of marriage and children. Further, many households are choosing to rent given maintenance costs and other burdens associated with homeownership. 

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The Company has elected to be qualified as a REIT for Federal Income Tax purposes and to operate as REIT. As a REIT, the Company holds interests in real estate assets and strives to reduce its Federal Taxable Income by distributing a significant portion of its Federal Income in the form of profit sharing to the Company's Shareholders. 

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The Company plans to complete a listing on the OTC Markets Group's OTCQB or OTCQX in the calendar year of 2024, with a follow-on uplisting on the NYSE-MKT within 24-36 months thereafter. 

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