Madison, WI – Wangard Partners, a prominent real estate development and investment firm, announces the disposition of a significant multifamily asset located at 6853 Littlemore Dr. The 158-unit suburban development, situated on an 8.62-acre site, was constructed in phases from 2009 to 2012 on the far east side of Madison.
Wangard Partners affiliates originally acquired the property in November 2015, further expanding their presence in the Madison multifamily market. The sale of this development marks an important transaction for the firm, reinforcing its ongoing commitment to strategic portfolio management and asset repositioning.
This property has been a notable part of Wangard's multifamily portfolio, offering residents thoughtfully designed units with modern features. Spacious layouts, large windows that enhance natural light, and private patios or balconies create a living environment that meets the demands of today's renters while adding long-term value to the community.
The sale of Glacier Valley Apartments represents a strategic move in our portfolio, allowing us to invest in new opportunities. Glacier Valley has been an incredible community asset, providing quality housing and fostering a vibrant community. We will continue to look for opportunities to provide quality housing with superior property management to the residents of Dane County.
- Matt Moroney, CEO of Wangard Partners
As Wangard Partners continues to grow and refine its portfolio, this sale reflects the firm's focused approach to capital management and value creation in the multifamily sector.
About Wangard Partners:
In 1992, Wangard began with the intention of being a different kind of commercial real estate firm, one inspired by a true passion for development. Wangard builds for communities, with communities. Wangard continues to improve the landscape of Wisconsin, not only by developing high-quality, unique properties, but by creating opportunities for job growth to build a stronger economy. Wangard Partners is the largest minority-owned developer in the state and has been recognized by its peers as Developer of The Year by The Daily Reporter for four consecutive years.
For more information about Wangard Partners, please visit wangard.com
