Weidner Apartment Homes Named Sole Owner of the Colorado Springs Switchbacks FC

COLORADO SPRINGS, Colo., Feb. 5, 2025 /PRNewswire/ --Weidner Apartment Homes, the 12^th largest apartment owner in the U.S. and a prominent Colorado Springs real estate investor, is pleased to announce a major new chapter in the Colorado Springs Switchbacks Football Club's (FC) ten-year history following its first United Soccer League (USL) Championship title in 2024.

Today, the organization is thrilled to confirm that Weidner Apartment Homes has become the sole owner of the Switchbacks FC. Weidner was formerly a minority investor with the Ragain Family, and this new era of leadership will honor the Family's commitment to excellence built upon a decade of vision and investment.

Weidner's Chairman and Founder, and Colorado Springs native, Dean Weidner, has been well-vested in the city since 1993 and opened the 8,000-seat Weidner Field in 2020. The $50M stadium is the home field for the SwitchbacksFC and part of the original City for Champions initiative.It also represents Weidner's commitment to the Peak City initiative, a city-wide partnership between public and private sectors to create transformational projects with a multi-generational impact throughout the city.

"Weidner Apartment Homes is proud to become the owners of the Switchbacks and continue the legacy built by the Ragain Family," Dean Weidner said. "When we commissioned the Epicenter sculpture at the entrance to Weidner Field, we had a vision of enhancing Colorado Springs' reputation as a leader in Olympic, professional, collegiate, and amateur sports. As a community builder for nearly 50 years, I believe that in its purest form - sport has a unique power to unite and build community. Through that lens, we made the strategic decision to deepen our commitment to the football club and the city of Colorado Springs with this significant investment into the franchise."

Weidner isdedicated to building on the SwitchbacksFC'srich history, ensuring the clubremainsa top fixtureof theUSL,and providingexceptional game daysand recreational experiences for itsfanbase.

About Weidner Apartment Homes

Founded by W. Dean Weidner in 1977, Weidner Apartment Homes is a real estate investment and property management company recognized as an efficient provider of quality rental apartment homes and a creative developer of new housing. The company is headquartered in Kirkland, WA, and its portfolio covers13 U.S. states and four Canadian provinces. Please visit our website https://www.weidner.com/

SOURCE Weidner Apartment Homes