Cushman & Wakefield has welcomed a multifamily brokerage team with a three-year transaction record of US $445 million at its Colorado Springs location.

The team which joins from Capstone Apartment Partners, will provide full-service solutions to multifamily investors and developers in the Colorado and New Mexico markets.

Notable transactions brokered by the team include the US $17.5 million sale of The Gardens at Hidden Creek, located at 1117 Verde Drive which is a 125-unit multifamily property.

Team members

Pat Knowlton, Executive Director: Knowlton is a local to the Colorado Springs market and brings a wealth of area knowledge as well as deep connections throughout the city. He specializes in existing multifamily property acquisitions and dispositions as well as new multifamily land development opportunities. Knowlton’s success is further demonstrated by his impressive track record, previously spending the last 5 years at Capstone Apartment Partners as Director and Partner within the firm.

Jeff Dimmen, Senior Director: Born and raised in Colorado Springs, Dimmen has an extensive network of relationships in the community and provides a unique insight into the local market. He is passionate and dedicated to building lasting relationships with his clients, both private capital investors and large institutions, and offering solutions for them to achieve their wealth and investment goals.

Lee Wagner, Director: Wagner is an experienced multifamily advisor and is consistently connecting investors with beneficial opportunities in the Colorado Springs and Pueblo markets. Wagner is particularly adept at navigating 1031 exchanges, and his expertise in value-add investments has helped him become a sought-after resource for those looking to maximize their portfolio.

Nic Polaski, Associate: Polaski offers in-depth knowledge of the local real estate market, combined with his excellent communication and negotiation skills. His main priority is creating long term relationships with clients and helping them achieve their short- and long-term multifamily investment goals.

We are thrilled to welcome Pat, Jeff, Lee, Nic and their support staff, Emily and Avery, as a high caliber multifamily investment team with top-level local market experience and knowledge

“We are thrilled to welcome Pat, Jeff, Lee, Nic and their support staff, Emily and Avery, as a high caliber multifamily investment team with top-level local market experience and knowledge, deep relationships, and a strong track record serving client,” says John O’Neill, President, U.S. Multifamily Capital Markets at Cushman & Wakefield. “We continue to add elite multifamily talent in Colorado, and this team strengthens our position in the emerging Colorado Springs market and continues to elevate our multifamily offerings and capabilities across the state,”

“Pat is a natural leader and he and the team are passionate about their clients and business and hold themselves to the highest standard. Beyond their professionalism, they are also well-rounded and leading members in their communities, added characteristics that fit well into the Cushman & Wakefield culture,” adds Steve Schwab, Managing Principal for Colorado, Utah and Idaho at Cushman & Wakefield.

Knowlton says, “We are excited to join Cushman & Wakefield’s robust multifamily and Capital Markets platform. We look forward to being the go-to resource for clients as well as collaborating with our colleagues in servicing the Colorado and New Mexico multifamily sector.

“I am looking forward to the abundance of resources offered to the team as well as their great personal relationships with Craig Branton on the debt side and Mark Lodmill and Kelly Lehman on the appraisal side.

“With the growing residential market, Colorado Springs maintains resilient multifamily fundamentals. Multifamily investors and developers have shown greater interest in Colorado Springs over the last few years—particularly new development in downtown—and we remain encouraged about the future opportunity in this market.”