Newmark Arranges Sale and Financing of Bucking Horse Apartments in Fort Collins, Colorado

December 16, 2025 10:00 AM

Newmark announces the Company has arranged the sale and financing of Bucking Horse Apartments, a 322-unit luxury multifamily community in Fort Collins, Colorado. Newmark Multifamily Capital Markets Managing Directors Courtney Crowder and Jack Kachadurian represented the seller, an affiliate of Equus Capital Partners, in the sale transaction. Vice Chairman Charlie Williams of Newmark’s Debt & Structured Finance Group secured the financing on behalf of the buyer, The Milestone Group.

“The offering generated a highly competitive bidding process, driven by Bucking Horse’s exceptional performance and the strength of the Fort Collins market,” said Crowder. “Investors were particularly drawn to the community’s differentiated product type – large floorplans, a unique residential mix and best-in-class construction – all of which position the asset to continue outperforming for years to come.”

Built in 2018, Bucking Horse Apartments is a 22-building, garden-style community featuring one-, two- and three-bedroom floorplans averaging more than 1,000 square feet. Residences offer 10’–12’ ceilings, oversized windows, stainless steel appliances, modern cabinetry and full-size washers and dryers. The community’s robust amenity offering is anchored by the Ranch House clubhouse, which provides resident workspaces and lounge areas, a private movie theater, a resort-style pool and year-round hot tub and a 24-hour fitness center.

The property is located within the 160-acre Bucking Horse master-planned community, one of Fort Collins’ most desirable residential enclaves. Residents benefit from immediate access to the Jessup Farm Artisan Village, featuring local restaurants, shops and a brewery – as well as proximity to major employment hubs including the Harmony Business Corridor, downtown Fort Collins and Colorado State University.

According to Newmark Research, Fort Collins continues to rank among Colorado’s strongest multifamily markets, defined by long-term vacancy below 5%, record recent absorption and population growth outpacing both state and national levels. Located in the outperforming Fort Collins North submarket, Bucking Horse has maintained robust rent growth momentum and resilient occupancy, averaging just 4.8% vacancy since 2022 – further demonstrating the depth and durability of demand for high-quality housing in the area.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended September 30, 2025, Newmark generated revenues of over $3.1 billion. As of September 30, 2025, Newmark and its business partners together operated from approximately 170 offices with over 8,500 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.

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