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Six months after filing a lien on the Cottonwood Broadway apartment property in Salt Lake City, local general contractor Rimrock Construction has sued the property’s owner, CW Broadway JV LLC, for $3.1 million. The contractor alleges that sum remains unpaid for its work on the property, according to court documents.
Salt Lake City-based CW Broadway JV LLC is an affiliate of the property’s developer, Cottonwood Residential, also based in Salt Lake City. The real estate investment trust has 29 properties across the country, concentrated in Utah and the Sun Belt, according to the company website.