Build-to-rent developer of single-story apartment homes, Redwood Living, Inc., announces the launch of its equity program, a vehicle to enable accredited investors to participate as partners in the funding of new Redwood Apartment Neighborhood developments.

Redwood manages 14,000+ apartment homes in more than 100 neighborhoods throughout Ohio, Michigan, Indiana, Illinois, Iowa, North Carolina, South Carolina, and Kentucky. New construction will begin in Nebraska this year, with more potential projects on the horizon in Missouri. Redwood’s long-term vision includes a Redwood Apartment Neighborhood in the metropolitan area of every major American city. 

“At Redwood, we are committed to providing an apartment home to the individual seeking an accessible, upscale lifestyle that accentuates an idyllic, comfortable, and maintenance-free living experience,” said Toney Morton, Chief Financial Officer. “The Redwood Equity Program is a unique investment opportunity that allows accredited investors the chance to grow with Redwood, partnering with our team to build upon a 30+ year history of successful expansion.”

Redwood's equity program will support Redwood’s vision to reinvent the apartment home by allowing accredited investors to build wealth, offering more residents the comforts of home without the stresses of home ownership and being a local partner in our communities by actively supporting area businesses and giving back.

Redwood provides its residents top-notch, highly rated customer service exceeding industry averages on reviews and ratings scores at all stages of the resident journey. The company also provides options for customization and flexibility for renters, unlike any other in the rental industry.

Each new Redwood apartment home includes two bedrooms, two bathrooms, an attached two-car garage, and a dedicated street address. Redwood’s signature design also provides residents:

• Spacious, eat-in kitchens with large pantries
• Airy open floor plans and vaulted ceilings
• Large closets and ample storage throughout the apartment home
• Washer and dryer hookups
• Full-size appliances
• Upgraded finishes and features
• Pet-friendly accommodations 
• Green-centric neighborhood settings
• Bonus space that can be utilized based on lifestyle needs, such as a home office or gym

The current rental rate range for a Redwood apartment home is $1,300 to $2,500 per month, with an average resident tenure exceeding two years.

“We are thrilled to provide accredited investors the opportunity to join us in our commitment to expand our highly successful concept across the nation,” said Morton.

For those interested in learning more about investments in one of Redwood's remarkable neighborhoods, the Redwood Investor Relations team can be reached at 216.360.9441 or by filling out a contact form.