Wyoming Archives - REBusinessOnline

Prime Investment Properties Brokers Sale of Heartland Inn & Suites Hotel in Wheatland, Wyoming

Amy Works — Thu, 03 Jul 2025 13:27:12 +0000

WHEATLAND, WYO. — Prime Investment Properties has arranged the sale of the Heartland Inn & Suites hotel in Wheatland. Terms of the transaction were not disclosed. Heartland Inn & Suites features 57 guest rooms, complimentary breakfast, a fitness center, business services and convenient access to I-25.

The post Prime Investment Properties Brokers Sale of Heartland Inn & Suites Hotel in Wheatland, Wyoming appeared first on REBusinessOnline.

SLIB Brokers Sale of 74-Unit Seniors Housing Facility in Douglas, Wyoming

Amy Works — Tue, 01 Jul 2025 13:25:01 +0000

DOUGLAS, WYO. — Senior Living Investment Brokerage (SLIB) has brokered the sale of Douglas Care Center and Mountain Lodge, a senior living and skilled nursing facility located in Douglas. The facility totals 74 units with 96 beds across two adjacent properties, with assisted living, memory care and skilled nursing offerings. Originally built in 1968, Douglas Care Center was renovated in 2010. Mountain Lodge was developed in 2018. Vince Viverito and Jason Punzel of SLIB arranged the transaction.

The post SLIB Brokers Sale of 74-Unit Seniors Housing Facility in Douglas, Wyoming appeared first on REBusinessOnline.

Earthcore Industries to Build 30,000 SF Distribution Center in Cheyenne, Wyoming

Amy Works — Wed, 09 Apr 2025 14:10:04 +0000

CHEYENNE, WYO. — Earthcore Industries, a Jacksonville, Fla.-based manufacturer and distributor of Isokern fireplaces and chimney systems, is constructing a distribution center in Cheyenne. The 30,000-square-foot facility will streamline Earthcore’s service to its Northwest and Upper Midwest distribution and dealer networks. The project team includes Cheyenne-based Richardson Construction Co. and Fort Collins, Colo.-based VFLA Architecture + Interiors. Groundbreaking is scheduled for April 10.

The post Earthcore Industries to Build 30,000 SF Distribution Center in Cheyenne, Wyoming appeared first on REBusinessOnline.

Laramie County Buys 74,476 SF Office Building in Cheyenne, Wyoming for $5.5M

Amy Works — Fri, 23 Aug 2024 13:38:19 +0000

CHEYENNE, WYO. — Laramie County has acquired 2020 Carey Avenue, an office building in Cheyenne, for $5.5 million. The 74,476-square-foot office building occupies a full city block in Cheyenne’s downtown core. The nine-story building includes two off-street parking lots. James Bowers of Coldwell Banker Commercial The Property Exchange represented the county and the seller, Voss Family Limited Partnership, in the transaction.

The post Laramie County Buys 74,476 SF Office Building in Cheyenne, Wyoming for $5.5M appeared first on REBusinessOnline.

Cushman & Wakefield Negotiates $3M Sale of Apartment Property in Cheyenne, Wyoming

Amy Works — Fri, 06 May 2022 13:39:30 +0000

CHEYENNE, WYO. — Cushman & Wakefield has arranged the sale of a multifamily complex located at 3306-3310 Myers in Cheyenne. Lazy P Apartments sold the property to Robinson Mountain Investments for $3 million, or approximately $144,000 per unit. At the time of sale, the 21-unit community was 95 percent occupied. Originally built in 1977, but undergoing several renovations in the time since opening, the property offers 21 one- and two-bedroom units and is centrally located within Cheyenne. Jared Goodman and Brian Mannlein of Cushman & Wakefield represented the seller in the transaction.

The post Cushman & Wakefield Negotiates $3M Sale of Apartment Property in Cheyenne, Wyoming appeared first on REBusinessOnline.

Hodges Ward Elliott Arranges Sale of Amangani Resort in Jackson, Wyoming

Amy Works — Thu, 24 Mar 2022 13:51:00 +0000

JACKSON, WYO. — Hodges Ward Elliott (HWE) has brokered the sale of Amangani, an ultra-luxury resort located at 1535 NE Butte Road in Jackson. Terms of the transaction were not released. Situated at the foothills of the Grand Tetons, Amangani features 40 suites with either an outdoor terrace or balcony with mountain views, an award-winning restaurant, spa and fitness center, plus a wide variety of excursions and adventures, including heli-skiing, dog sledding, whitewater rafting, fly fishing, photography tours and wildlife tours. Daniel Peek, Cyrus Vazifdar, Carolina Bernal and Alex Yiankes of HWE advised the undisclosed seller in the deal. HWE’s Debt Capital Markets team, led by Lawrence Britvan and Michael Straw, arranged acquisition financing for the undisclosed buyer.

The post Hodges Ward Elliott Arranges Sale of Amangani Resort in Jackson, Wyoming appeared first on REBusinessOnline.

Capital Funding Group Provides $262.6M Refinancing for Skilled Nursing Portfolio in Colorado, California, Wyoming

Amy Works — Wed, 15 Sep 2021 16:02:48 +0000

BALTIMORE — Capital Funding Group, a Baltimore-based lender, has provided a $262.6 million term loan to refinance a 29-asset long-term care portfolio. Spanning Colorado, California and Wyoming, the portfolio includes 28 skilled nursing facilities and one joint skilled nursing and assisted living facility, with a total of 3,140 beds. The borrower is a privately owned real estate investment group. Erik Howard and Tim Eberhardt originated the transaction for Capital Funding Group.

The post Capital Funding Group Provides $262.6M Refinancing for Skilled Nursing Portfolio in Colorado, California, Wyoming appeared first on REBusinessOnline.

Senior Living Investment Brokerage Negotiates Sale of Two Communities in Montana, Wyoming

Amy Works — Thu, 04 Feb 2021 14:38:35 +0000

CODY, WY., AND GREAT FALLS, MONT. — Senior Living Investment Brokerage (SLIB) has arranged the sale of two assisted living communities, located in Cody and Great Falls. The portfolio totals 107 units of assisted living and independent living. The buyer is an Oregon-based regional owner-operator familiar with the region. The seller and price were not disclosed. Bradley Clousing, Jason Punzel and Jeff Binder of SLIB handled the transactions.

The post Senior Living Investment Brokerage Negotiates Sale of Two Communities in Montana, Wyoming appeared first on REBusinessOnline.

Waterton, Orion Cos. Acquire The Virginian Lodge in Jackson, Wyoming

Amy Works — Mon, 24 Aug 2020 15:23:54 +0000

JACKSON, WYO. — Chicago-based Waterton, as part of a joint venture with Jackson-based Orion Cos., has completed the acquisition of The Virginian Lodge and adjacent RV park, located at 750 W. Broadway in downtown Jackson. Built in the 1960s, the 170-key lodge will undergo a repositioning with renovations to rooms, amenities, common areas, retail spaces and food and beverage operations beginning in late 2020. The buyers plan to renovate and redesign the restaurant along with offering indoor/outdoor access via the property’s courtyard and soon-to-be upgraded pool and hot tub area. The repositioning plan also include the addition of five standalone camping units. The 13-acre site includes a main hotel building with 4,900-square-foot conference and event center, plus 2,600 square feet of retail space. Two adjacent buildings offer a 3,400-square-foot restaurant and 2,700 square feet of retail space. The property also includes a 103-stall RV park. OLS Hotels and Resorts/Springboard Hospitality will operate the hotel. New West Building Co. will serve as general contractor and a subsidiary of Orion Cos. will oversee construction. The acquisition price and redevelopment costs were not disclosed.

The post Waterton, Orion Cos. Acquire The Virginian Lodge in Jackson, Wyoming appeared first on REBusinessOnline.

Bellwether Enterprise Closes $294.2M in Financing for 22 Manufactured Housing Communities Nationwide

Amy Works — Thu, 02 Jul 2020 13:56:35 +0000

DENVER — Bellwether Enterprise Real Estate Capital has closed four transactions totaling $294.2 million in Fannie Mae loans for manufactured housing communities across the United States. MJ Vukovich of Bellwether’s Denver office, along with Ghazy Grijalva of the firm’s Chicago office, arranged the deals. In total the financing covers 5,554 pad sites across the five transactions. The deals include: A $28 million loan for two manufactured housing assets located in Montana on behalf of a Utah-based operator. A $23.2 million loan for a community located in Wyoming on behalf of an operator based in California and Colorado A $193.3 million loan for a portfolio of 13 properties located in the Rocky Mountain and Southern regions on behalf of a Colorado-based operator. A $46 million loan for five communities located in various states on behalf of a Utah-based operator. A $3.7 million Fannie Mae loan for a property located in North Carolina on behalf of a North Carolina-based operator. Bellwether Enterprise Real Estate Capital is the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment.

The post Bellwether Enterprise Closes $294.2M in Financing for 22 Manufactured Housing Communities Nationwide appeared first on REBusinessOnline.

Berkadia Secures $26M Acquisition Loan for Granite 550 Apartments in Wyoming

Amy Works — Thu, 11 Jun 2020 14:43:47 +0000

CASPER, WYO. — Berkadia has arranged the sale of Granite 550 Apartments, a garden-style multifamily community located in Casper. John Laratta and Nick Steele of Berkadia’s Denver office completed the sale on behalf of the seller, Colorado-based Mountain View Capital. The name of the buyer was not released. Additionally, Tucker Knight of Berkadia’s Houston office secured a $26 million loan for the acquisition of the property. The 10-year Freddie Mac loan features a 3.3 percent interest rate and a 30-year amortization schedule. Located at 550 Granite Peak Drive, Granite 550 Apartments features 228 units in a mix of one-, two- and three-bedroom floor plans, including in-unit washers/dryers, a patio or balcony and air conditioning. Community amenities include a fitness center, dog park and outdoor space with grilling stations.

The post Berkadia Secures $26M Acquisition Loan for Granite 550 Apartments in Wyoming appeared first on REBusinessOnline.

Marcus & Millichap Arranges $8M Sale of AAA Self Storage in Cheyenne, Wyoming

Amy Works — Tue, 04 Feb 2020 13:52:58 +0000

CHEYENNE, WYO. — Marcus & Millichap has arranged the sale of AAA Self Storage, a self-storage property in Cheyenne. A local investor sold the asset to an undisclosed buyer for $8 million. Located at 200 S. College Drive, the 74,750-square-foot AAA Self Storage features 517 drive-up units and 103 rentable outdoor parking spaces. Marcus & Millichap’s Adam Schlosser, Charles LeClaire and Neville Rustomjee, as Wyoming broker of record, represented the seller in the deal.

The post Marcus & Millichap Arranges $8M Sale of AAA Self Storage in Cheyenne, Wyoming appeared first on REBusinessOnline.

Marcus & Millichap Brokers $4.8M Sale of Tractor Supply Net-Leased Property in Cody, Wyoming

Amy Works — Mon, 23 Sep 2019 13:30:58 +0000

CODY, WYOMING — Marcus & Millichap has directed the sale of a retail property located at 324 Yellowstone Ave. in Cody. An undisclosed buyer acquired the asset for $4.8 million. The 22,064-square-foot property was constructed as a build-to-suit in 2014 for Tractor Supply, which occupies the building on a net-leased basis. Brett Winger and Dominic Sulo of Marcus & Millichap’s Chicago Oak Brook, Ill., office represented the seller, a private investor. Neville Rustomjee, also of Marcus & Millichap, served as the broker of record in Wyoming.

The post Marcus & Millichap Brokers $4.8M Sale of Tractor Supply Net-Leased Property in Cody, Wyoming appeared first on REBusinessOnline.

Blueprint Brokers Sale of 120-Bed Skilled Nursing Facility in Wyoming

Amy Works — Tue, 27 Aug 2019 13:07:12 +0000

CASPER, WYO. — Blueprint Healthcare Real Estate Advisors has arranged the sale of a 120-bed skilled nursing facility in the Central Wyoming city of Casper. A New York-based owner of more than 150 facilities sold the property to a national owner-operator. The price and name of the facility were not disclosed. The asset was positioned as a value-add opportunity. At the time of sale, in-place cash flow was negative, with occupancy in multiple year-over-year decline. However, the facility was well maintained with strong historical operational performance. Christopher Hyldahl, Gideon Orion and Kendra Gonzalez of Blueprint handled the transaction.

The post Blueprint Brokers Sale of 120-Bed Skilled Nursing Facility in Wyoming appeared first on REBusinessOnline.

SkyView Advisors Brokers Sale of 99,700 SF Self-Storage Property in Cheyenne, Wyoming

Amy Works — Mon, 17 Jun 2019 13:29:25 +0000

CHEYENNE, WYO. — SkyView Advisors has negotiated the sale of Superior Storage of Cheyenne, a self-storage facility located in Cheyenne. Storage Star acquired the property for an undisclosed price. Situated on 6.4 acres at 4405 Van Buren Ave., Superior Storage of Cheyenne totals 99,700 rentable square feet and 493 total units. Zachary Urow and Ryan Clark of SkyView Advisors represented the undisclosed seller in the deal.

The post SkyView Advisors Brokers Sale of 99,700 SF Self-Storage Property in Cheyenne, Wyoming appeared first on REBusinessOnline.

Pinnacle Real Estate Advisors Brokers $7.5M Sale of 112-Unit Apartment Building in Wyoming

Amy Works — Mon, 20 May 2019 13:01:33 +0000

CHEYENNE, WY. — Pinnacle Real Estate Advisors has arranged the sale of an apartment building, located at 4700 Mountain Road in Cheyenne. Mountain Elk Ridge sold the property to an undisclosed buyer for $7.5 million. The apartment building features 112 residential units. Jeff Johnson and Andrew Monette of Pinnacle Real Estate Advisors represented the seller in the transaction.

The post Pinnacle Real Estate Advisors Brokers $7.5M Sale of 112-Unit Apartment Building in Wyoming appeared first on REBusinessOnline.

Stan Johnson Co. Arranges $7.1M Sale of 36,720 SF Industrial Building in Wyoming

Amy Works — Mon, 22 Apr 2019 13:24:11 +0000

GILLETTE, WY. — Stan Johnson Co. has brokered the sale of an industrial building, located at 2600 E. Second St. in Gillette. New York-based AR Global Investments acquired the property from a local Wyoming developer for $7.1 million. Cummins Inc. occupies the 36,720-square-foot building on a double-net-lease basis. Jason Powell and Colin Couch of Stan Johnson Co. represented both parties in the transaction.

The post Stan Johnson Co. Arranges $7.1M Sale of 36,720 SF Industrial Building in Wyoming appeared first on REBusinessOnline.

Newmark Affiliate Arranges $91.3 Sale of Retail Portfolio in Mountain West

Taylor Williams — Mon, 23 Apr 2018 12:02:25 +0000

SALT LAKE CITY — Newmark Grubb ACRES, a Utah-based brokerage firm, has arranged the sale of a portfolio of single-tenant retail properties leased to Codale Electric Supply Inc., a Salt Lake City-based distributor of electric, energy and lighting products. The sales price was $91.3 million. The portfolio includes nine properties, six of which are located in Utah. One of the assets is in Nevada (Elko), and two of the properties are in Wyoming (Rock Springs and Casper). Codale has a total of 13 retail locations throughout the western United States. According to Codale’s website, its stores range in size from 15,000 square feet to 54,000 square feet, not including the company’s 210,000-square-foot headquarters, which was one of the assets included in the portfolio sale. All totaled, the portfolio spans 476,500 square feet. Bryce Blanchard of Newmark Grubb ACRES represented the seller, Holt Properties, a real estate company owned and operated by the Holt family, which founded Codale Electric in 1975. Blanchard also procured the buyer, an undisclosed, out-of-state REIT. Sonepar, a French electronics distribution firm, acquired Codale in 2012. — Taylor Williams

The post Newmark Affiliate Arranges $91.3 Sale of Retail Portfolio in Mountain West appeared first on REBusinessOnline.

PetSmart Opens 1,600th Store in North America, Establishes Presence in All 50 States

Nellie Day — Tue, 05 Dec 2017 13:43:12 +0000

PHOENIX — PetSmart has opened its 1,600th store in North America. The newest store opened Thanksgiving week in El Paso, Texas. In addition, the pet specialty retailer opened its Casper, Wyo., store in October, marking PetSmart’s presence now in all 50 U.S. states. The store in El Paso features nearly 18,000 square feet of space and includes a Pinnacle Pet Nutrition Shop, which is a new feature in all new PetSmart stores. The shops are about 550 square feet and offer 400-plus items across several brands, and an expanded collection of pet food. PetSmart, Inc. is specialty pet retailer. The company operates more than 1,500 pet stores in the United States, Canada and Puerto Rico, as well as more than 200 in-store PetSmart PetsHotel dog and cat boarding facilities.

The post PetSmart Opens 1,600th Store in North America, Establishes Presence in All 50 States appeared first on REBusinessOnline.

Old Chicago to Open New Locations in Montana, Wyoming

Nellie Day — Mon, 10 Oct 2016 13:47:04 +0000

BROOMFIELD, COLO. — Old Chicago Pizza & Taproom has signed franchise development agreements with three of its existing franchise partners to open nearly two dozen new restaurants. These agreements will grow Old Chicago’s footprint across eight states. Among existing franchise groups to sign new agreements are the Johnson Group, which has plans to bring three restaurants to Wyoming and Montana. Old Chicago operates in 24 states with more than 100 restaurants nationwide. Broomfield, Colo.-based CraftWorks Restaurants &a Breweries, Inc. is the largest craft brewery restaurant operator in the country with nearly 200 franchised and company-owned restaurants primarily operating under the Old Chicago Pizza & Taproom, Gordon Biersch Brewery Restaurants, Rock Bottom Restaurants & Breweries and ChopHouse & Brewery brands.

The post Old Chicago to Open New Locations in Montana, Wyoming appeared first on REBusinessOnline.