Cushman & Wakefield arranges $130 million sale of Utah apartment community
CWK•Cushman & Wakefield arranged the $130 million sale of Seasons of Traverse Mountain, a 440-unit apartment community in Lehi, Utah. Weidner Apartment Homes bought it from Mountain States Properties.
1. Sale details
Weidner Apartment Homes bought Seasons of Traverse Mountain in Lehi, Utah, from Mountain States Properties for $130 million. Cushman & Wakefield arranged the sale.
2. Utah transaction records
The sale was Utah County’s largest widely marketed multifamily transaction on record and Utah’s largest suburban multifamily sale by dollar volume in the past five years. The property attracted nearly 30 offers from institutional and private investors nationwide.
