FOR IMMEDIATE RELEASE

Companies: Brinkman Real Estate | Blue Field Capital
Media Contact: Kevin Brinkman
Phone: 970.222.3335
Email: kevin.brinkman@brinkmanre.com

Ogden, UT, February 17, 2026 — Brinkman Real Estate has acquired Knox on 12th Apartments, a 56-unit multifamily community located in Ogden, Utah, approximately 40 minutes north of Salt Lake City.

Completed in 2020, Knox on 12th features modern apartment homes with high-end interior finishes and efficient layouts. The newer-construction asset is expected to require minimal near-term capital expenditures, offering residents contemporary living at competitive rental rates within the Ogden market.

The property includes an assumable $8.96 million Fannie Mae loan with a 3.49% fixed interest rate and maturity in 2033. The below-market financing provides over seven years of advantageous debt, enhancing long-term cash flow stability.

Knox on 12th also benefits from operational synergies with Brinkman’s nearby community, Chloe’s Pointe. Shared staffing and vendor efficiencies are expected to reduce operating costs while maintaining service quality. The complementary unit mix between the two communities allows for cross-property leasing referrals without direct competition on rental rates.

Ogden continues to experience strong population growth supported by Utah’s business-friendly climate, employment expansion, and relative affordability compared to the broader Salt Lake City metropolitan area. These fundamentals support durable tenant demand and long-term rental growth.

“Knox on 12th aligns well with our strategy of acquiring high-quality, newer-construction housing at a basis below replacement cost,” said Tara Meehan, Vice President of Investments at Brinkman Real Estate. “The combination of attractive in-place financing, operational scale, and strong local market fundamentals positions this asset to deliver compelling risk-adjusted returns for our investors.”

Brinkman plans to focus on operational execution and enhancing resident experience while leveraging economies of scale within its growing Utah portfolio.

About Brinkman Real Estate

Brinkman Real Estate provides strategic insight and access to property investment opportunities throughout the Intermountain West and select Pacific Northwest markets. The firm focuses primarily on multifamily housing. Brinkman has received industry recognition including NAIOP Deal of the Year Finalist, NAIOP Innovative Project of the Year Finalist, and the Governor’s Award for Downtown Excellence. For more information, please visit www.BrinkmanRE.com.