Multifamily news in Deals - Kansas City
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Avenue Living Expands US Holdings With $40M Kansas City Buy
The seller purchased the 342-unit portfolio in 2017 from GoldOller Real Estate Investments.
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JV Buys Suburban Kansas City Community for $48M
Fogelman Properties sold the 254-unit Savoy Luxury Apartments in Overland Park, Kan., after a seven-year ownership.
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Watermark Residential Sells Kansas City Asset for $60M
The affiliate of Thompson Thrift completed the 276-unit luxury community in Northland last year.
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Abacus Capital Acquires Luxury Kansas City Community
Newmark Knight Frank provided a $43.5 million Fannie Mae loan to the new owner.
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Harbor Group International Sells Kansas City Asset for $82M
Berkadia’s Mid Markets Group handled the complicated closing for the 807-unit multifamily property.
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Sherman Residential Picks Up Kansas City Luxury Community
The company made its second acquisition in the market with the purchase of a 250-unit property.
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NXT Capital Arranges Refi for Kansas City-Area Property
The loan will be used for Promontory Apartments, which is part of a larger redeveloped retail center in Overland Park, Kan.
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Oak Residential Trades 350-Unit Kansas City Community
Goldman Sachs provided the buyer with a $32 million acquisition loan for the Class B multifamily asset.
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Pebb Capital Sells Kansas Student Housing Property
The firm purchased the asset back in 2014 and undertook major renovations to the interiors and exteriors.
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Suburban KC Community Changes Hands
Block Real Estate Services and Thackeray Partners took out a $40 million Fannie Mae loan to finance the acquisition of the 408-unit Barrington Park Townhomes in Lenexa, Kan.
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JV Buys 624-Unit Asset in Missouri
The new owner intends to spend $13.8 million on renovating the 1997-built community in Kansas City. GoldOller Real Estate Investments sold the property after almost seven years of ownership.
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Artisan Capital Group Buys Downtown KC Portfolio
Besides facilitating the sale, HFF arranged a $51.1 million financing which included a $38.8 million Fannie Mae loan and $12.3 million in joint venture equity.
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Hamilton Zanze Acquires MO Community
Located in Independence, Cornerstone offers 420 units and will undergo a capital improvement plan that will enhance its business center and clubhouse, as well as adding new amenities.
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Hamilton Zanze Buys Suburban Kansas City Community
The company has entered the Kansas market with the $40.4 million purchase of a 272-unit rental community located in the city’s Overland Park submarket.
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Suburban Kansas City Community Commands $74M
Carroll Organization sold the 402-unit asset less than three years after acquiring it. The transaction was subject to a $50.9 million Freddie Mac loan.