In a whopper of a sale by Colorado standards, The Wyatt, a 368-unit garden-style multifamily property in Fort Collins, recently sold for $110 million. The buyer was California-based Hamilton Zanze & Company.
Nick Steele, John Laratta, Tyler King and Nate Moyer of Berkadia’s Denver office completed the sale on behalf of the seller, Nevada-based Terra Development Group.
“This transaction is a significant one for Northern Colorado. It is the largest sale ever in Northern Colorado and really puts Fort Collins on the map,” said Steele. “The Wyatt is a best-in-class asset. We had bidders from around the country who were attracted to the quality of the asset and the Fort Collins market.”
Located at 4701 Strauss Cabin Rd., The Wyatt features one-, two- and three-bedroom floorplans with stainless-steel appliances, walk-in closets, in-unit washers and dryers, and private patios or balconies. Community amenities include a clubhouse, a fitness center, a swimming pool, a dog park and a nature trail. The property has access to Interstate 25, Colorado State University and Banner Medical Center.
Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM.
In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.