
THE RETREAT APARTMENTS
The Asset
The Retreat is a newly constructed, 178‑unit Class A multifamily community in Wyoming, Michigan, delivered in 2025 and strategically located within the high‑growth Grand Rapids MSA. Combining modern design, an efficient unit mix, and strong surrounding market fundamentals, the asset offers investors an opportunity to acquire durable cash flow with attractive long‑term appreciation potential.
Positioned as a best‑in‑class luxury community for the Grand Rapids area, The Retreat delivers a level of living that differentiates it from existing product in the market. The property features a mix of one-, two‑, and three‑bedroom residences with contemporary floor plans and designer finishes that emphasize space, comfort, and sophistication. Residents benefit from an upscale amenity package and professional on‑site management, supporting both strong leasing velocity and resident retention.
These physical attributes, paired with an outstanding suburban location within the Grand Rapids MSA, Michigan’s second‑largest city and one of its fastest‑growing metro areas. The Retreat is positioned as a premier, long‑term, institutional‑quality asset with strong prospects for sustained performance and value growth.
investment summary
- Property Name:
- Units:
- Built:
- Buildings:
- Stories
- Site Size / Acreage:
- SF:
- Average SF:
- Total Parking:

Investment Highlights
MASSIVE HOUSING SHORTAGE
Strong population growth in the Grand Rapids region has created a highly competitive housing market. According to a 2022 housing-needs report conducted by Bowen National Research, Kent County needs 35,000 housing units by 2027.
INSTITUTIONAL-QUALITY TROPHY ASSET
EXCEPTIONAL AMENITIES
Resident Club Room with Entertainment Space, 24-Hour Fully Equipped Fitness Center, Outdoor Heated Swimming Pool, Outdoor Lounge with Fire Pit and Grill Stations, and Community Package Room.
BRAND-NEW CONSTRUCTION – PHENOMENAL LEASE-UP TRACTION
RARE OPPORTUNITY IN OUTSTANDING GRAND RAPIDS MSA
3.5% Effective Market Rent Growth Year-over-Year and a 96% Market Occupancy Rate.
IMMEDIATE VALUE-ADD WITH VACANT FLEX SPACE
Amenities
In-Home Amenities
- Vaulted Ceilings*
- Open-Concept Floor Plans
- White Shaker-Style Cabinetry
- Stainless Steel Energy Efficient Appliances
- Granite Countertops
- Brushed Nickel Hardware & Fixtures
- Goose-neck Faucet with Pull Down Sprayer
- Recessed Lighting
- Eat-In Kitchen with Breakfast Bar
- Ceiling Fan
- Wood-Style Vinyl Plank Flooring
- In Unit Washer / Dryer
- Private Patio / Balcony*
*In Select Units
In the Community
-
Outdoor Heated Swimming Pool
- Resident Clubroom with Entertainment Space
- 24-Hour Fitness Center
- Business Center with Co-Working Spaces
- Common Area WiFi Access
- Outdoor Lounge with Firepit
- Outdoor Dining with Grilling Stations
- Resident Garage or Tandem Parking Available
- Community Package Room
MARKET HIGHLIGHTS – WYOMING, MI / GRAND RAPIDS MSA
High-Growth Midwest Metro
Part of the Grand Rapids MSA, Michigan’s second-largest and among its fastest-growing metros, supported by diversified employment in healthcare, advanced manufacturing, logistics, and education.
Strong Renter Demand & Limited New Supply
Consistent in-migration and household formation support healthy occupancy and rent fundamentals.
Attractive Suburban Renter Profile
Wyoming offers a lower cost of living than the urban core, plus convenient access, parking, and neighborhood amenities, appealing to “renters by choice” seeking newer product without downtown pricing.
Diverse Economic Base & Stability
The broader Grand Rapids area benefits from a diversified economy rather than reliance on a single industry, reducing volatility and supporting more resilient multifamily performance across cycles.
Favorable Long-Term Outlook
Population and job-growth trends, combined with rising replacement costs for new construction, underpin the long-term value proposition for well-located, Class A suburban communities like The Retreat.
Location
Photo Gallery
Contact
Office
DETROIT OFFICE
260 East Brown Street, STE 150
Birmingham, MI 48009
Phone: 248.646.7701
Berkadia.com
Investment Sales
Jason Krug
Senior Managing Director
248.341.3344
[email protected]
Kevin P. Dillon
Senior Managing Director
248.341.3309
[email protected]
Corey Krug
Senior Director
248.341.3338
[email protected]
Rick Brace
Senior Director
248.341.3319
[email protected]
Conor David
Director
614.796.0222
[email protected]
EJ Wujek
Associate Director
248.341.3316
[email protected]
Mortgage Banking
Aaron Moll
Senior Director
248.208.0529
[email protected]
Peter Benedetto
Senior Managing Director
248.208.3462
[email protected]

2331 Cadotte Drive SW | Wyoming, MI 49159
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2026 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.

































