Berkadia Facilitates Sale of 228-Unit Multifamily Asset in Sun Prairie, Wisconsin

Berkadia has successfully brokered the sale of Aster at Sun Prairie, a 228-unit multifamily property situated in Sun Prairie, Wisconsin. The asset, previously known as Springs at Sun Prairie, was acquired by Kirkland, Washington-based Weidner Apartment Homes. The seller was Menomonee Falls, Wisconsin-based Continental Properties.

Built in 2018, the property features 12 buildings and a clubhouse that includes a pool and fitness center. Pete Evans and Richard Evans of Berkadia represented Continental Properties in the transaction. This deal highlights continued investment activity in the multifamily sector within the Wisconsin market, particularly for newer, amenity-rich properties.