Berkadia Completes Sale and Secures Financing for Multifamily Property in Wyoming

May 23, 2022

DENVER — May 24, 2022 — Berkadia announced today the sale of and financing secured for The Preserve at Greenway Park, a 368-unit multifamily property located in Casper, Wyoming. Senior Directors Nick Steele and John Laratta and Directors Tyler King and Nate Moyer of Berkadia Denver completed the sale on behalf of the seller, Colorado-based Berland Real Estate, Inc., and the buyer.

“We are excited to have sold another institutional quality and sized asset in the Mountain West,” said Steele. “We have been a big proponent of these tertiary markets for a long time, and it is great to see them catch the attention of some of the largest multifamily investors in the country.”

Berkadia also secured the financing for this deal.

Located at 2079 Preserve Circle, The Preserve at Greenway Park features one-, two- and three-bedroom floor plans with dishwashers and private patios or balconies. Community amenities include two swimming pools, a fitness center, two clubhouses, a playground and a dog park. The property affords residents convenient access to Casper Country Club, Wyoming Medical Center and the shops and restaurants near Interstate 25.

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