Botanical Name of the plant is Chamaedorea cataractarum. Cat palm tree makes a dramatic house plant and is easy to grow if you give it what it needs. The pinnate leaves have leaflets that will reach up to 1 ft (30 cm) long and 1 in (2.5 cm) wide.
The cat palm, also called the cascade or cataract palm is native to southeastern Mexico and resembles the inexpensive areca palm and the very pricey kentia palm. Indoors the plant grows slowly, eventually reaching a height of 4-6ft. Although this plant looks beautiful in the plant nursery, it often deteriorates once you bring it home. It requires a very tropical environment; bright indirect light and plenty of water. This is a very attractive plant that produces glossy, dark green leaves on thin shoots, but it is a challenging plant that needs attention.